This week's 4-minute, auto industry news report features information on Driven Brands' big acquisition of Fix Auto USA, and what it could mean for the industry as a whole.
According to the managing director of Focus Advisors, CARSTAR is now positioned as the primary home for operators that want to remain independent in an era of much consolidation.
The owner of the Fix Auto trademark and design released a statement saying it was alarmed and disappointed to read that Driven Brands had acquired Fix Auto USA.
The Automotive Training Institute (ATI), a coaching and consulting company for the automotive industry, has been acquired by Driven Brands, according to an email the company sent to its vendors, obtained by FenderBender.
In the immediate aftermath of Driven Brands' recent acquisition of ABRA’s franchise locations, an official for the growing company expressed excitement regarding what the future holds.
On the heels of last week's news that Driven Brands had acquired the ABRA franchise system, the company has announced that Tim Adelmann of ABRA will be joining Driven Brands as part of the acquisition.
