Roark Capital's Driven Brands acquires CARSTAR Canada
Driven Brands Inc, bought earlier this year by U.S. private equity firm Roark Capital, has acquired CARSTAR Automotive Canada Inc, a Hamilton, Ontario-based collision and glass service company with an operational network of more than 230 locations in 10 provinces. No financial terms were released. Driven Brands, which previously bought the U.S. operations of CARSTAR, said the deal strengthens its position in North America's automotive aftermarket franchising industry. Based in Charlotte, North Carolina, Driven Brands was acquired by Roark from U.S. private equity firm Harvest Partners in April.
3 December 2015•4 mins read
