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Driven Brands Completes Sale of IMO Car Wash Business
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Driven Brands Completes Sale of IMO Car Wash Business
Mar 11, 2026 1:53 AM

05:02 PM EST, 01/27/2026 (MT Newswires) -- Driven Brands ( DRVN ) said late Tuesday it has completed the sale of its international car wash business, IMO, to Franchise Equity Partners for roughly 411 million euros ($495 million).

The company said it plans to use the proceeds to pay down debt.

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