Franchise News
PR Newswire: Roark Portfolio Company Driven Brands Acquires Texas-Based Express Lube
Driven Brands expands the company’s Quick Lube Division by more than 80 percent in 2016.
Driven Brands, a portfolio company of Roark and automotive franchise, announced on December 12th the acquisition of Texas-based Express Lube, which operates over 30 quick oil change centers in and around San Antonio. This follows Driven Brand’s acquisition of Ohio-based Lube Stop this past September.
"Including the acquisition of Express Lube, we've now expanded the Quick Lube Division at Driven Brands by more than 80 percent this year," said Quick Lube Group President Marc Graham in a press release. "This expansion is a direct result of Driven Brands' world-class technology, synergistic approach to building business, purchasing power and operational support. The addition of this market-leading quick oil change business in San Antonio further solidifies our presence in Texas."
Generating annual system revenues of more than $2.1 billion, Driven Brands manages a family of automotive companies, including Maaco, Meineke Car Care Centers, CARSTAR and 1-800 Radiator & A/C.
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About the Author
Nick Powills
FollowNick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.
