Los Angeles, CA, December 4, 2025 In a challenging game against...

Driven Brands Sells IMO Car Wash for €406 Million
Charlotte, NC, December 3, 2025 Driven Brands Holdings Inc. has decided to sell its international car wash business, IMO Car Wash, to Franchise Equity Partners for €406 million. This strategic move aims to streamline operations and reduce net leverage ratio. The transaction is expected to close in Q1 2026, pending regulatory approvals. Proceeds from the sale will be utilized for debt reduction and corporate initiatives, reflecting Driven Brands’ commitment to enhance








