FOCUS Advisors announced the sale of Fix Auto USA and its largest MSO franchisee, Auto Center Auto Body, Inc., to Driven Brands.
With 152 current locations, rapidly growing Fix Auto USA, the U.S. licensee of the Fix Auto brand, is the franchise of choice for premier collision repair operators in the U.S.
Auto Center Auto Body, a nine-location MSO in Southern California owned by Erick and Shelly Bickett, is also one of Fix USA’s top performing operations.
Driven Brands, a portfolio company of Roark Capital, operates more than 3,100 auto aftermarket locations in seven separate firms, including collision repair franchisors CARSTAR, ABRA and MAACO.
David Roberts, managing director of FOCUS, who led the transaction, commented on the impact of this industry realignment and what it foretells.
“Together with CARSTAR and their recent ABRA franchise acquisition, Driven Brands is now positioned as the primary home for operators that want to remain independent in a time of accelerating consolidation," Roberts said. "Additionally, the acquisition of ACAB positions Driven to begin building its own consolidation platform.”
“As a competitor to Driven Brands’ CARSTAR franchise, we’ve been impressed with their increasing professionalism and marketing impact," said Fix Auto USA CEO Paul Gange. "As an independent brand under the Driven umbrella, we expect to gain access to industry-leading franchise expertise, synergies and capital to accelerate and successfully manage the next phase of Fix USA’s growth.”