---
schema_version: "secwatch.filing_event.v1"
accession: "0001804745-26-000010"
form_type: "8-K"
ticker: "DRVN"
cik: "0001804745"
company_name: "Driven Brands Holdings Inc."
filed_at: "2026-01-27T23:59:59+00:00"
generated_at: "2026-05-16T07:35:08.064785+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Driven Brands closes sale of international car wash business for €411M

## Summary
- Sold IMO Car Wash Group to Franchise Equity Partners for total consideration of ~€411M.
- Cash proceeds primarily used to pay down debt, strengthening balance sheet.
- Car Wash segment to be reported as discontinued operations starting Q4 2025.
- Auto Glass Now to become stand-alone segment beginning Q4 2025.
- Historical recast financials for first three quarters of FY2025 to be furnished in mid-February.

## SEC filing metadata
- accession: 0001804745-26-000010
- form_type: 8-K
- ticker: DRVN
- cik: 0001804745
- company_name: Driven Brands Holdings Inc.
- filed_at: 2026-01-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804745/000180474526000010/0001804745-26-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804745/000180474526000010/drvn-20260127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001804745-26-000010
- JSON: https://secwatch.observer/filing/0001804745-26-000010.json
- Plain text: https://secwatch.observer/filing/0001804745-26-000010.txt

## Source-grounded claims
- claim_id: 638009d1cb258940df462249bd646d9db16df3a5
  claim: Driven Brands Holdings Inc. completed a disposition involving Neptune Acquisition Bidco Limited for approximately €411 million (closed 2026-01-27).
  evidence_excerpt: wholly owned subsidiaries of the Company that own and operate the Company’s international car wash business (the “Transaction”) for aggregate consideration of approximately €411 million. The cash proceeds, net of transaction expenses and estimated taxes, will be primarily used to pay down debt. sh business (the “Transaction”) for aggregate consideration of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1804745/000180474526000010/0001804745-26-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.