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Wednesday, 02 October 2019 15:36

Driven Brands Acquires ABRA Franchised Locations

Driven Brands, North America’s leading group of automotive aftermarket brands, announced its acquisition of ABRA Automotive Systems LP, the franchising subsidiary of ABRA Auto Body Repair of America (ABRA).

The move adds 55 premier franchised collision repair facilities to the collision portfolio of Driven Brands. It excludes corporately-owned ABRA facilities that were purchased by Caliber earlier this year.

 

The acquisition of ABRA is part of Driven Brands’ continued growth in the heavy collision repair space, beginning with the acquisition of CARSTAR, which has doubled in size since its initial acquisition in 2015.

 

“We are happy to welcome the ABRA franchisees and team into the Driven Brands family,” said Jonathan Fitzpatrick, CEO of Driven Brands. “With over 700 franchised heavy-collision shops in the Driven Brands portfolio, we believe Driven is a perfect home for the ABRA franchise system.”

 

Michael Macaluso will oversee both CARSTAR and ABRA as the president of Driven’s newly-created collision vertical. Dean Fisher will take on Macaluso’s previous role as president of CARSTAR.

 

“From the first day we entered the industry back in 1984, our approach to this business has focused on providing quality repairs and superior customer service,” said Tim Adelmann, chief business development officer, ABRA Auto Body Repair of America. “We are confident in the benefits Driven Brands will bring to both our owners and customers.”

 

Obtained via PRWeb.

 

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