Focus Advisors, the leading M&A firm specializing in collision repair transactions, is proud to announce the sale of two CARSTAR franchise shops to franchisor, Driven Brands. Kurt and Kathy Johnson, co-owners of Cornforth-Campbell CARSTAR, 30-year industry veterans, built their highly successful MSO as part of the CARSTAR system in this city 30 miles south of Seattle.
This acquisition marks the second MSO acquisition by Driven Brands of Charlotte, North Carolina. In March of 2020, Driven acquired Auto Center Auto Body, a premier 9 shop MSO operating as a FIXAUTO franchisee in Southern California. Simultaneously with the acquisition of the 2 Puyallup shops, Driven also acquired 8 CARSTAR shops in the Seattle market. Driven now operates 24 company owned collision repair shops.
Co-owner Kathy Johnson observed “We built a business and a family atmosphere in these shops over many years. We know the folks who helped us will find even more opportunities as they join a larger organization.” Her husband, Kurt Johnson, agreed and added, “Its been 30 years of effort, toil and fun to get to this place. We are truly blessed with the opportunities we had along the way.”
“The combination of talent in the Johnson team and their staff made this a premier client.” Commented David Roberts, Managing Director of Focus Advisors who led the transaction. “There was strong interest among multiple buyers and Driven has found a gem.”
Kurt credited their successful exit to the advice and guidance of Focus Advisors. “Kathy and I knew we were going to need professional advice and Focus was our only choice. Dave Roberts and his team gave us the confidence to make the leap. We are so grateful.”
