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Driven Brands Sells IMO to Focus on Core Operations

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Driven Brands Sells IMO to Focus on Core Operations

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

Driven Brands Holdings Inc. announced on December 2, 2025, that it has entered into a definitive agreement to sell its international car wash business, IMO, to Franchise Equity Partners for €406 million. This divestiture is part of Driven Brands’ strategy to focus on its core North American operations, particularly scaling Take 5 and enhancing cash generation through its Franchise Brands. The transaction, expected to close in the first quarter of 2026, aims to reduce the company’s net leverage ratio and strengthen its balance sheet, with proceeds primarily used to pay down debt. The company has updated its financial outlook for fiscal year 2025 to reflect the reclassification of the international car wash business as discontinued operations, anticipating adjusted diluted EPS from continuing operations to range from $1.18 to $1.23.

The most recent analyst rating on (DRVN) stock is a Buy with a $24.00 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.

Driven Brands Holdings faces significant challenges with declining revenue growth, high leverage, and a bearish technical outlook. However, improvements in cash flow and strong performance in specific segments, particularly Take 5 Oil Change, provide some positive aspects. The earnings call offered optimistic guidance, but macroeconomic uncertainties and segment-specific challenges remain concerns.

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

More about Driven Brands Holdings

Driven Brands, headquartered in Charlotte, NC, is the largest automotive services company in North America, offering a variety of consumer and commercial automotive services such as paint, collision, glass, vehicle repair, oil change, maintenance, and car wash. It operates well-known brands like Take 5 Oil Change, Meineke Car Care Centers, Maaco, 1-800-Radiator & A/C, Auto Glass Now, and CARSTAR, with approximately 4,900 locations across the United States and 13 other countries.

Average Trading Volume: 1,164,315

Technical Sentiment Signal: Sell

Current Market Cap: $2.32B

Learn more about DRVN stock on TipRanks’ Stock Analysis page.

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