Driven Brands acquires Fabulous Car Wash

Fabulous Car Wash was acquired by Driven Brands on Mar 17, 2021.

Deal Overview
Purchase Date
March 17, 2021
Primary State
Texas
Sites Bought
29
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Driven Brands has successfully completed the acquisition of Fabulous Car Wash, a chain of express washes in the North Dallas market.
  • “Texas is a great market for our wash services, particularly the Dallas metro, where we have a strong network,” commented Gabe Mendoza, executive vice president and president, Car Wash North America. “The Fabulous Car Wash acquisition fits very well into the footprint we have established and provides our customers another convenient option for washing in McKinney.
Market Significance

With this acquisition Driven Brands Car Wash North America grows to 29 locations in Texas, primarily in the Dallas Metro Area.

Client Impact
Management Commentary