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Driven Brands Completes IMO Sale to Refocus Portfolio

Story Highlights
  • Driven Brands completed the €411 million sale of its international car wash unit.
  • The divestiture refocuses Driven Brands’ portfolio, cuts debt, and reshapes segment reporting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Driven Brands Completes IMO Sale to Refocus Portfolio

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Driven Brands Holdings ( (DRVN) ) just unveiled an announcement.

On January 27, 2026, Driven Brands Holdings Inc. announced it had completed the sale of IMO, its international car wash business, to Franchise Equity Partners for total aggregate consideration of approximately €411 million. Management described the divestiture as a strategic move to sharpen the company’s focus on scaling its Take 5 business and enhancing cash generation from its franchise brands, while simplifying the portfolio and strengthening the balance sheet, with cash proceeds primarily earmarked for debt reduction. Following the transaction, Driven Brands plans to report its Car Wash segment as discontinued operations beginning in the fourth quarter of 2025, elevate Auto Glass Now to a stand-alone reporting segment in the same period, and provide investors with recast unaudited quarterly financials for the first three quarters of fiscal 2025 to reflect the updated segment structure.

The most recent analyst rating on (DRVN) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Driven Brands Holdings stock, see the DRVN Stock Forecast page.

Spark’s Take on DRVN Stock

According to Spark, TipRanks’ AI Analyst, DRVN is a Neutral.

The score is primarily held back by weak financial performance (profitability pressure and high leverage) and a negative P/E tied to losses. Offsetting positives include a solid earnings-call outlook with strong Take 5 execution and expansion, plus corporate actions aimed at improving focus and reducing debt; technical signals remain mostly neutral.

To see Spark’s full report on DRVN stock, click here.

More about Driven Brands Holdings

Driven Brands Holdings Inc., headquartered in Charlotte, North Carolina, is the largest automotive services company in North America, offering paint, collision, glass, vehicle repair, oil change, and maintenance services to consumer and commercial customers. The company operates a portfolio of well-known brands including Take 5 Oil Change, Meineke Car Care Centers, Maaco, 1-800-Radiator & A/C, Auto Glass Now, and CARSTAR, with approximately 4,200 locations across North America generating about $1.8 billion in annual revenue from roughly $6.1 billion in system-wide sales.

Average Trading Volume: 1,055,388

Technical Sentiment Signal: Hold

Current Market Cap: $2.64B

Find detailed analytics on DRVN stock on TipRanks’ Stock Analysis page.

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