May 02, 2022 // Franchising.com // CHARLOTTE, NC - Driven Brands Holdings Inc. (NASDAQ: DRVN) announces the acquisition of All Star Glass.
“We pride ourselves on offering simple, convenient solutions to the consumer and our glass services are no different. We are drawn to the highly fragmented glass industry, the significant white space in terms of unit growth, and the very strong unit-level economics,” said Jonathan Fitzpatrick, president and CEO, Driven Brands.
All Star Glass will be reported in Driven Brands’ Paint, Collision, and Glass segment, adding over 30 company-operated locations to this vertical. The All Star Glass acquisition builds on Driven Brands’ existing North American footprint in both the U.S. and Canada.
“As our segment is rooted in family-owned and operated businesses, we understand the importance of building on what the Scharaga family started in 1977,” said Michael Macaluso, EVP and paint, collision, and glass group president, Driven Brands.
SOURCE Driven Brands
Driven Brands, Inc., is headquartered in Charlotte, NC, and serves as parent company for automotive aftermarket brands.