Driven Brands sells international car wash for €406M; updates FY2025 outlook

Driven Brands Holdings Inc.

Purchase price €406M (locked-box); daily ticker from July 1, 2025 to close.
Transaction expected to close Q1 2026, subject to regulatory approvals; proceeds to pay down debt.
Pro forma net leverage reduced ~0.3x; company targets 3x net leverage by end-2026.
FY2025 continuing ops outlook: revenue ~$1.85-1.87B, adj. EBITDA $445-455M, adj. EPS $1.18-1.23.
International car wash reclassified to discontinued operations from Q4 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.