US EditionDriven Brands Completes Sale of U.S. Car Wash Business - CollisionWeek
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Driven Brands Completes Sale of U.S. Car Wash Business - CollisionWeek
Driven Brands Holdings Inc. (NASDAQ: DRVN) announced it has completed the previously announced sale of its U.S. car wash business to Whistle Express Car Wash. The transaction, valued at approximately $385 million, consists of $255 million in cash and a $130 million interest-bearing seller note. The final proceeds may change due to customary post-closing adjustments …
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