Take Five Car Wash is owned by Roark Capital, a private equity firm, through its acquisition of Driven Brands.
Take Five Car Wash is a part of the larger automotive services portfolio managed by Driven Brands, which is the parent company for several well-known automotive brands. In 2015, Roark Capital acquired Driven Brands, thereby becoming the ultimate owner of its constituent brands, including Take Five Car Wash.
Understanding the Ownership Structure
The ownership of Take Five Car Wash can be understood through a multi-tiered structure:
- Take Five Car Wash operates as a brand offering express car wash services.
- It falls under the umbrella of Driven Brands, a leading automotive services company in North America. Driven Brands operates a diverse portfolio of consumer-facing automotive service brands, spanning various sectors such as maintenance, car wash, paint, collision, and glass.
- Roark Capital is a private equity firm that specializes in consumer-focused businesses. It acquired Driven Brands in 2015, integrating it into its extensive investment portfolio. This acquisition positioned Roark Capital as the direct owner of Driven Brands and, by extension, all the brands under its management, including Take Five Car Wash.
Key Players in Take Five Car Wash Ownership
To clarify the relationships, here's a breakdown:
| Entity | Role in Ownership Chain | Description |
|---|---|---|
| Roark Capital | Ultimate Owner | A private equity firm based in Atlanta, Georgia. Roark focuses on consumer brands, particularly those in the restaurant, retail, and services sectors. Their acquisition of Driven Brands in 2015 consolidated their position in the automotive services market. For more information, visit Roark Capital's official website. |
| Driven Brands | Parent Company of Take Five Car Wash | The largest automotive services company in North America, operating more than 4,000 locations across various brands. Driven Brands provides a wide array of services, including maintenance, car wash, paint, collision, and glass services. Take Five Car Wash is one of its prominent car wash brands. Explore more at Driven Brands' website. |
| Take Five Car Wash | Operating Brand within Driven Brands' Portfolio | An express car wash service known for its quick and efficient exterior car washes. It is one of several car wash brands under the Driven Brands umbrella, benefiting from the resources and strategic direction provided by its parent company and ultimate owner. |
This structured ownership allows Take Five Car Wash to leverage the operational expertise and financial backing of Driven Brands and Roark Capital, supporting its growth and expansion in the competitive car wash market.
