Driven Brands Acquires Auto Glass Now for $170M

Auto Glass Now has more than 75 locations in the United States. 

Jan. 5, 2022—Driven Brands Holdings has announced the expansion of its auto glass offerings with the acquisition of Auto Glass Now. 

Auto Glass Now has more than 75 locations in the United States, according to a company press release. Driven Brands acquired AGN for approximately $170 million on December 30, 2021. As part of the transaction, the company incurred a $56 million transaction expense in the fourth quarter of fiscal 2021. The purchase price and transaction expense were funded with cash on hand.

AGN will be reported in Driven Brands’ Paint, Collision, and Glass segment. Fiscal 2021 revenue for AGN is expected to be approximately $85 million. 

“Glass repairs are growing as a percentage of auto repairs and repair complexity is increasing due to the necessary calibration,” Michael Macaluso, EVP of Driven Brands and Group President, Paint, Collision, and Glass, said in a statement. “Glass presents another exciting opportunity to leverage our proven playbook of consistent and repeatable growth to continue capturing market share.”

Driven Brands first entered the glass business in Canada in 2019, and serves retail, insurance, and fleet customers. Driven Brands now operates over 300 glass locations in both the United States and Canada.

About the Author

FenderBender Staff Reporters

The FenderBender staff reporters have nearly four decades of combined journalism and collision repair experience.

Subscribe to our Newsletters

Latest in Multiple Shop Operations (MSOs)

Julie Stoecker, Stoecker Media
mrdent9
MSO Mr. Dent Collision grew from PDR to full collision repair by attracting and hiring the highest level of talent.
April 1, 2025
Bethany Anderson
stinnetts97
For the past 60 years for the Stinnett family, "it’s always been about more than just fixing cars.”
Feb. 26, 2025
Maryland Collision Center
East Baltimore of Maryland Collision Center.
This owner says his apprenticeship program helped grow his regional MSO.
Oct. 31, 2024