has been recapitalized by

Drive is a leading, full-service operator of automotive repair shops.

Drive Automotive Services

  • Industry Consumer
  • Type M&A Sell-Side

Drive is comprised of 22 automotive service and repair shops across five attractive, high-growth geographic markets, including 4 of the top 20 MSAs in the U.S. The Company services over 12,000 vehicles annually. Drive’s locations offer a complete suite of maintenance and repair services for all major vehicle brands. Meanwhile, the Company’s operators employ a proven playbook that focuses on delivering a superior customer experience to that of its competitors.

Croft & Bender was engaged to help the Company evaluate strategic alternatives. Croft & Bender worked with the Company to build a financial model, develop marketing materials, conduct management presentations, manage the diligence process, and negotiate with investors.

Croft & Bender successfully negotiated the recapitalization of the Company led by Silver Oak Services Partners.