Driven Brands completes fourth auto glass acquisition in the U.S.
Driven Brands completed the acquisition of Indiana-based Perfection Auto Glass - continuing its focus on the auto glass segment.
Driven Brands announced the continued expansion of its auto glass offering in the U.S. with the acquisition of Indiana-based Perfection Auto Glass.
The total addressable market for auto glass repair in North America is approximately $5 billion and growing.
Perfection Auto Glass was founded almost 20 years ago and grew to become one of the largest locally owned auto glass companies in the Indianapolis region. A true family business, King has run the operations alongside his wife Holly and their son Chase, as well as having leadership support from his brother Tony King and Tony’s wife Teresa.
“We’re excited to drive continued growth for our glass segment, enhancing our overall footprint across North America with strong businesses that have deep ties to their communities,” said Jonathan Fitzpatrick, president and CEO, Driven Brands. “The addition of Perfection Auto Glass continues our strategy of aggressively expanding our glass business model through both our company-owned and franchise platforms.”
Perfection Auto Glass will be reported in Driven Brands’ Paint, Collision, and Glass segment.
With its auto glass acquisitions in the U.S., Driven Brands now operates over 300 glass locations in both the United States and Canada. These acquisitions make Driven Brands one of the largest auto glass service providers in North America. Additionally, glass services are needed across engine types, which expands Driven’s capabilities in the electric vehicle space.
Driven Brands’ U.S. glass acquisitions include:
- Auto Glass Now: 75 locations
- All Star Glass: 30 locations
- A-1 Glass: 1 location
- Perfection Auto Glass: 6 locations
Driven Brands first entered the glass business in Canada with the acquisition of Uniban in 2019. Driven Brands Glass serves retail, insurance, and fleet customers.