Take 5 Oil Change sale marks sixth exit for Trivest Fund IV
Trivest Partners today announced the sale of Take 5 Oil Change Inc to Roark Capital portfolio company Driven Brands. Financial terms were not disclosed, but Trivest said the sale “represents the sixth exit event in Trivest Fund IV and is one of its most successful investments to date.” Trivest bought Take 5 from the company’s founder in 2011. Under its ownership, Take 5 “nearly tripled its store count, sales and profitability,” Trivest said in a statment.
30 March 2016•3 mins read
