Driven Brands Acquires Mr. Bee’s Car Wash

Mr. Bee’s Car Wash was acquired by Driven Brands on Nov 24, 2021.

Deal Overview
Purchase Date
November 24, 2021
Primary State
Sites Bought
Deal Value
Transaction Synopsis

Driven Brands purchases 1 of 4 Mr. Bee’s Car Wash locations.

Market Significance

The transaction suggests that Mr. Bee’’s plans to utilize capital received to either invest in their current locations or expand in another area. Such a transaction showcases Driven’s continued growth into the Bayou State with potentially additional sites to be implemented.

Client Impact
Management Commentary