Driven Brands

CEO Jonathan Fitzpatrick leads acquisition strategy alongside the corporate development team based in Charlotte. Because the firm is a public operating company rather than a fund, deals are approved through the board of directors, on which Roark Capital retains significant influence. No external investment committee or LP advisory board is involved in deal-level approvals.

As a public company, Driven Brands uses a mix of balance-sheet cash, debt facilities, and occasionally equity. It does not raise blind-pool acquisition funds from outside investors. The permanent-capital structure means assets are not subject to a fund-life clock or a requirement to exit on a fixed schedule, which is a key differentiator from private-equity consolidators.

The company's core operations are in the United States and Canada, anchored by its franchise networks and company-owned locations. Through acquisitions like International Car Wash Group, Driven Brands also operates in 14 additional countries, including the United Kingdom, Germany, and Australia, making it one of the few globally distributed automotive-service consolidators.