Driven Brands Sells IMO Car Wash to Franchise Equity Partners

Reuters12-03

Driven Brands Sells IMO Car Wash to Franchise Equity Partners

Franchise Equity Partners $(FEP)$ has agreed to acquire IMO Car Wash, the world's largest tunnel car wash operator with 720 locations, from Driven Brands. IMO Car Wash operates primarily in the UK and Germany, as well as in nine other European countries and Australia. According to FEP, this marks their first international acquisition and aligns with their strategy of partnering with leading operators in resilient industries. IMO Car Wash, founded 60 years ago, serves millions of customers annually and is recognized for its strong brand and operational expertise. FEP plans to focus on optimizing and expanding IMO's existing portfolio, leveraging its established customer base and experienced management team.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Driven Brands Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: GE37253) on December 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2588040201?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-03 23:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2588040201","market":"nz","top_or_hot":-1,"title":"Driven Brands Sells IMO Car Wash to Franchise Equity Partners","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Driven Brands Sells IMO Car Wash to Franchise Equity Partners\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Franchise Equity Partners <a href=\"https://laohu8.com/S/FEP\">$(FEP)$</a> has agreed to acquire IMO Car Wash, the world's largest tunnel car wash operator with 720 locations, from Driven Brands. IMO Car Wash operates primarily in the UK and Germany, as well as in nine other European countries and Australia. According to FEP, this marks their first international acquisition and aligns with their strategy of partnering with leading operators in resilient industries. IMO Car Wash, founded 60 years ago, serves millions of customers annually and is recognized for its strong brand and operational expertise. FEP plans to focus on optimizing and expanding IMO's existing portfolio, leveraging its established customer base and experienced management team.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/DRVN\">Driven Brands Holdings Inc.</a> published the original content used to generate this news brief via PR Newswire (Ref. ID: GE37253) on December 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Driven Brands Sells IMO Car Wash to Franchise Equity Partners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDriven Brands Sells IMO Car Wash to Franchise Equity Partners\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-03 23:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Driven Brands Sells IMO Car Wash to Franchise Equity Partners\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Franchise Equity Partners <a href=\"https://laohu8.com/S/FEP\">$(FEP)$</a> has agreed to acquire IMO Car Wash, the world's largest tunnel car wash operator with 720 locations, from Driven Brands. IMO Car Wash operates primarily in the UK and Germany, as well as in nine other European countries and Australia. According to FEP, this marks their first international acquisition and aligns with their strategy of partnering with leading operators in resilient industries. IMO Car Wash, founded 60 years ago, serves millions of customers annually and is recognized for its strong brand and operational expertise. FEP plans to focus on optimizing and expanding IMO's existing portfolio, leveraging its established customer base and experienced management team.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/DRVN\">Driven Brands Holdings Inc.</a> published the original content used to generate this news brief via PR Newswire (Ref. ID: GE37253) on December 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DRVN","symbol_name":"Driven Brands Holdings Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251203:nNDL7fk9kt:1","article_id":"2588040201","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588040201","pubTimestamp":1764777569,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Franchise Equity Partners  has agreed to acquire IMO Car Wash, the world's largest tunnel car wash operator with 720 locations, from Driven Brands. IMO Car Wash operates primarily in the UK and Germany, as well as in nine other European countries and Australia. According to FEP, this marks their first international acquisition and aligns with their strategy of partnering with leading operators in resilient industries. IMO Car Wash, founded 60 years ago, serves millions of customers annually and is recognized for its strong brand and operational expertise. FEP plans to focus on optimizing and expanding IMO's existing portfolio, leveraging its established customer base and experienced management team.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or leg","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DRVN":"Driven Brands Holdings Inc.","BK4137":"综合支持服务","BK4192":"特殊消费者服务"},"translate_title":"Driven Brands将IMO Car Wash出售给特许股权合作伙伴","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DRVN":0.9},"content_text":"Driven Brands Sells IMO Car Wash to Franchise Equity Partners\n    \n\n        Franchise Equity Partners $(FEP)$ has agreed to acquire IMO Car Wash, the world's largest tunnel car wash operator with 720 locations, from Driven Brands. IMO Car Wash operates primarily in the UK and Germany, as well as in nine other European countries and Australia. According to FEP, this marks their first international acquisition and aligns with their strategy of partnering with leading operators in resilient industries. IMO Car Wash, founded 60 years ago, serves millions of customers annually and is recognized for its strong brand and operational expertise. FEP plans to focus on optimizing and expanding IMO's existing portfolio, leveraging its established customer base and experienced management team.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Driven Brands Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: GE37253) on December 03, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588040201","isCrawlerRequest":true}