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January 17, 2023 03:17 PM

Driven Brands execs ring Nasdaq closing bell

Tire Business
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    Driven Brands CEO Jonathan Fitzpatrick, center, rings the Nasdaq closing bell in Times Square on Jan.13.
    Photo by Nasdaq, Inc.

    Driven Brands CEO Jonathan Fitzpatrick, center, rings the Nasdaq closing bell in Times Square on Jan.13.

    NEW YORK — Executives of Driven Brands Holdings Inc. rang the Nasdaq closing bell in Times Square on Jan. 13, in honor of the company's two-year listing anniversary.

    Driven Brands is the franchisor of several automotive service chains including Meineke Car Care Centers and Take 5 Oil Change.

    Before ringing the closing bell, CEO Jonathan Fitzpatrick said, "We are focused on reshaping the industry — making it faster, friendlier, and more convenient for our customers. We are simplifying car care so our customers can focus on the road ahead."

    He noted that it's an "honor and a privilege" to serve millions of customers a year, which he said was due to the hard work of Driven's employees and "incredible franchise partners."

    "Driven's trajectory has accelerated since we've gone public — gaining more share and providing more services to more customers," Fitzpatrick said.

    Several members of the Driven Brands leadership team joined Fitzpatrick to ring the closing bell.

    "Driven Brands is one of the best-performing IPOs of 2021, congratulations. … We look forward to continuing to watch Driven Brands grow and innovate as a Nasdaq-listed company," Chris Dearborn of Nasdaq said,

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