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Wednesday, 20 November 2019 15:31

Driven Brands Acquires Clairus Group

Driven Brands, North America's leading group of automotive aftermarket brands, announced its acquisition of the Quebec-based Clairus Group (Clairus), a fast-growing, vertically-integrated leader in automotive glass distribution, replacement, and claims management.

The move adds 240 physical service locations, over 330 mobile locations, 22 distribution centers, and a claims management platform to the Driven Brands portfolio.

 

"We are thrilled to welcome the Clairus Group into the Driven Brands family. It's a terrific platform offering great sought-after expertise," said Jonathan Fitzpatrick, CEO of Driven Brands.

 

In 2018, a U.S. based private equity firm became majority partner with Uniban Canada and PH Vitres d'Autos, to establish the Clairus Group, the second largest vertically integrated automotive glass and claims management provider in North America.

 

Since affiliates of Roark Capital acquired Driven Brands in 2015, it has executed more than 30 acquisitions, including Clairus.

 

Obtained via Markets Insider.

 

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