Kian-Backed PARC Auto Becomes Largest Meineke Franchisee Through Strategic Acquisitions

Kian Capital Acquires Brycor (Meineke Franchisee) to Launch PARC Auto Platform

August 17, 2023

Automotive

Kian Capital Partners acquired Brycor, Inc., a leading Meineke Car Care Center franchisee that operates 15 locations in the Louisville, Kentucky metropolitan area, in partnership with management to establish a new platform called PARC Auto. The deal creates a multi-location Meineke franchise platform backed by Kian to pursue geographic expansion, new store openings and further acquisitions within the Driven Brands franchise system.

FullSpeed Automotive Acquires Kwik Kar IP and 25 Kwik Kar Centers

July 5, 2022

Automotive

FullSpeed Automotive acquired the intellectual property of Kwik Industries, Inc. (owner of the Kwik Kar brand) and purchased 25 Kwik Kar-related centers from local independent operators, expanding its company-operated Kwik Kar footprint in the Dallas area and elsewhere. The deal is an add-on to FullSpeed's platform as it pursues aggressive unit growth backed by MidOcean Partners.

Ardian Acquires CampusParc, Concessionaire for Ohio State University Parking

June 10, 2024

Infrastructure

Ardian has acquired a 100% stake in CampusParc, the concessionaire that manages parking facilities for The Ohio State University in Columbus, Ohio, from funds managed by QIC. The deal, executed through Ardian Americas Infrastructure Fund V, marks Ardian's first transportation / P3 investment in the United States and will see Ardian support CampusParc's operations, digital optimization and sustainability initiatives.

FullSpeed Automotive Acquires 25 Quick-Lube and Service Centers in Dallas–Fort Worth

July 7, 2021

Automotive

FullSpeed Automotive, a MidOcean Partners–backed franchisor/operator, acquired 25 quick-lube and automotive service centers in the Dallas–Ft. Worth market (majority operating under the Kwik Kar brand) from owner Ryan Ghoutiemeh. The deal expands FullSpeed's geographic footprint as an add-on to its platform, which now operates over 675 franchised and company-owned locations.

K1 Speed Acquires Autobahn Holdings from Praesidian Capital

January 24, 2024

Media & Entertainment

K1 Speed, the world's largest indoor karting operator, has acquired Autobahn Holdings, LLC (Autobahn Indoor Speedway & Events) as Praesidian Capital exited its investment. Autobahn is headquartered in Jacksonville, Florida and operates eleven indoor go-karting and family-entertainment locations; the deal was a strategic add-on to expand K1 Speed's footprint in the family entertainment market.

PARC Partners Acquires Transifex

April 13, 2022

Cloud & SaaS

PARC Partners has acquired Transifex, a continuous localization SaaS platform, providing growth capital and new management resources. Founder Dimitris Glezos transitions to an advisor role while Chris Reese and Tony Pilnik assume senior leadership as PARC — with backing from Pacific Lake Partners and Bridge Bank — supports the company's next phase of growth.