Franchise Equity Partners Acquires IMO Car Wash from Driven Brands
December 3, 2025
Franchise Equity Partners (FEP) has acquired IMO Car Wash, the world’s largest tunnel car-wash operator with ~720 locations, from Driven Brands for approximately €411 million. The deal transfers IMO (headquartered in High Wycombe, United Kingdom) to FEP as Driven Brands simplifies its portfolio and will use proceeds primarily to pay down debt; FEP said it will focus on growing volumes, improving customer experience and expanding the brand across the UK, Europe and Australia.
- Buyers
- Franchise Equity Partners
- Targets
- IMO Car Wash
- Sellers
- Driven Brands
- Industry
- Retail
- Location
- Buckinghamshire, United Kingdom
- Transaction Type
- Buyout
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