Driven Brand names Acquires Car Glass Fitters

The $5 billion and rising auto glass providers marketplace has been a strategic expansion aim for Driven Brands, and this acquisition boosts its existence in this really fragmented, needs-centered category. Leveraging operational abilities from its Canadian car glass servicing business and its current blueprint for advancement throughout segments like Fast Lube and Car or truck Clean, the company has utilized its deep expertise in M&A to kickstart development in the U.S. car glass provider marketplace. At the exact time, Driven Makes has built a sturdy pipeline of greenfield glass spots, working with its verified playbook in serious estate and enhancement. With the addition of Automobile Glass Fitters, the organization now serves customers across in excess of 150 destinations and about 600 cell models throughout 41 states soon after entering the U.S. current market a lot less than a yr back.

Now section of the broader Driven Manufacturers glass portfolio, the Vehicle Glass Fitters business enterprise will have accessibility to strong, shared service capabilities like details analytics, immediate-to-buyer internet marketing, procurement and business consumer marriage administration which includes the company’s coverage and fleet relationships.

“We have important momentum throughout our car glass services small business, propelling us to quickly turn into a single of the dominant gamers in the group,” explained Michael Macaluso, executive vice president and group president of Paint, Collision and Glass. “Auto Glass Fitters has been on an outstanding advancement trajectory, increasing product sales 25% yr-around-calendar year with about 100% advancement in glass calibration, and we’re thrilled to increase another phenomenal crew to our developing Pushed Glass household. Glass continues to be 1 of our focus spots of progress offered its highly compelling economics which includes profits, 4-wall EBITDA margins and hard cash-on-income returns. As we scale our already swiftly growing nationwide presence, we have a significant opportunity to unlock the B2B opportunity by extending our glass products and services to our current insurance policy, fleet and other commercial relationships — furthering the presently powerful economics of this small business.”

Auto Glass Fitters has been in organization for a lot more than a decade and, as a result of its motivation to skilled and productive repairs, established a solid East Coastline existence alongside with services coverage in about 35 states by way of a mix of service locations and cell units.

“I’m deeply grateful for all the guidance our Auto Glass Fitters family has furnished to the many communities we provide and for supporting increase the business to grow to be what it is currently,” claimed Richard Rutta, founder of Automobile Glass Fitters. “I am humbled to see how significantly we have accomplished. I’m enthusiastic to see what our awesome group can reach with the assets and abilities that Pushed Manufacturers will convey to the business.”

Additional Macaluso, “We’ve shown our ability to construct and scale the glass business enterprise, becoming a chief in the category in these a small period of time, next our playbook for progress. Once we additional scale our glass business, we will be the only participant in the class to provide a nationwide footprint for paint, collision and glass expert services alongside one another.”