Driven Brands acquires 18 Frank’s Car Wash Express stores

Driven Brands acquires 18 Frank’s Car Wash Express stores

CHARLOTTE, N.C. — The company has acquired a total of 67 carwashes since entering the business in August 2020.

CHARLOTTE, N.C. — Driven Brands Holdings Inc. (NASDAQ: DRVN) announced the acquisition of 18 Frank’s Car Wash Express stores in South Carolina, according to a press release.

This acquisition is the largest carwash tuck-in acquisition for Driven Brands to date and follows the 10 recently acquired Racer Classic Car Washes in Texas in May.

Including these two acquisitions, Driven Brands has acquired a total of 50 car washes in 2021.

Since acquiring International Car Wash Group in August 2020, Driven Brands has acquired 67 carwashes.

“We’ve been extremely pleased with the performance of the carwash segment within the Driven Brands portfolio,” said Jonathan Fitzpatrick, president and CEO of Driven Brands. “In this highly fragmented industry, our expansion efforts are just getting started. While we continue to build new carwashes, this acquisition strategy complements our efforts to bring the power of Driven Brands to carwashes across North America.”

Frank’s Car Wash Express has washed more than 14 million cars since 1973, and “The State” newspaper has voted Frank’s the “best” carwash for 26 years in a row.

It has 18 locations from the South Carolina midlands extending toward the coast.

“The family and I are excited about this opportunity to partner with Driven Brands to build upon the legacy my father Frank started in 1973,” said Mike Hutchins, former owner of Frank’s Car Wash Express. “For the past 48 years, we have strived for excellence, and we are very happy that Driven Brands shares this same vision and standards. Although this decision was not an easy one, I knew from day one that Driven Brands was the right fit to continue the reputation as the premier carwash company in South Carolina.”

Driven Brands now operates nearly 1,000 car washes in 14 countries across the U.S., Europe and Australia.

Read about the top 100 carwash M&A deals here.

You May Also Like

Washworld Inc. announces new distributor

DE PERE, Wis. — By adding Washex, Washworld is now selling and servicing Washworld vehicle wash systems throughout Manitoba, Canada.

DE PERE, Wis. — Washworld announced in a press release it has recently added a new member to its distributor network.

Washex will be selling and servicing Washworld vehicle wash systems throughout Manitoba, Canada.  

Washex manufactures carwashes, truck washes, bus washes, and steamers, as well as portable and stationary pressure wash equipment and accessories.

Mothers Automated Solutions enters automated car care sector

SCOTTSDALE, Ariz. — Mothers has introduced a comprehensive lineup of products designed for tunnels, in-bay automatics and self-serve carwashes.

Steel City Wash acquires Coates Car Care

PITTSBURGH — Steel City Wash LLC announced the acquisition of Coates Car Care, marking a significant expansion into Ohio.

mr-magic-car-wash-logo
El Car Wash donates $100,000 to Baptist Health Foundation

MIAMI — The donation from El Car Wash will support pediatric cancer research at Baptist Health Miami Cancer Institute.

el car wash florida logo
ZIPS celebrates 20 years with Folds of Honor partnership

PLANO, Texas — ZIPS Car Wash is giving scholarships to students sourced by the non-profit that helps families of fallen or injured soldiers.

Other Posts

Sud Stop opens first Alabama location

ORLANDO, Fla. — The new Sud Stop Car Wash in Meridianville, Alabama, launches as the company drives toward over a dozen carwashes in 2024.

sud-stop-feature
BAF Industries, PRO joins Appearance Technology Group

TUSTIN, Calif. — The move helps the multi-brand offering alongside Hi-Tech Industries, 3D International, P&S Detail Products and RBL Products.

Standout washes, succulent lunch highlight 23rd annual wash tour

MATAWAN, N.J. —The Car Wash Operators of New Jersey visited three unique locations in New Jersey, sponsored by Motor City Wash Works.

Car Wash Operators of New Jersey
Babcox Media appoints Tom Pecka as director of strategic partnerships

AKRON, Ohio — Tom Pecka will lead the development of strategic media partnerships and sponsorships, enhancing media activations across diverse channels.

tom-pecka-600300