Driven Brands Holdings Inc. (NasdaqGS:DRVN) acquired Auto Glass Now for approximately $170 million on December 30, 2021. As part of the transaction, Driven Brands Holdings Inc. incurred a $56 million transaction expense in the fourth quarter of fiscal 2021. The purchase price and transaction expense were funded with cash on hand.
Driven Brands Holdings Inc. (NasdaqGS:DRVN) completed the acquisition of Auto Glass Now on December 30, 2021. Paul, Weiss, Rifkind, Wharton & Garrison acted as legal advisor to Driven Brands Holdings.