Driven Brands acquires Baird Brothers

Baird Brothers was acquired by Driven Brands on Jan 09, 2020.

Deal Overview
Purchase Date
January 9, 2020
Primary State
Texas
Sites Bought
4
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Driven Brands has successfully completed the transaction of four sites from Baird Brothers Express Car Wash.
  • These sites are located in the Waco, TX area.
  • Baird Brothers Express Car Wash has been a family owned business for 10+ years and their customer service and quality wash facilities in the Waco market made for an attractive addition to the ICWG portfolio.
Market Significance

Included in this transaction was also a package of 11 additional sites from two different operators throughout Texas and Oklahoma.

Client Impact
Management Commentary