Industry president named Executive of the Year at Golden Bridge Awards
Charlotte, North Carolina — August 8, 2016 — Driven Brands’ Group President Jose Costa has earned the prestigious Gold Award for Executive of the Year in the annual Golden Bridge Awards. Nominated under the Automotive, Transportation, Storage and Logistics category, Costa has been recognized for significantly contributing to his company’s success over the past three […]
CARSTAR and Axalta to sponsor Dale Earnhardt Jr.’s No.88
By Mike Davey Charlotte, North Carolina — April 14, 2016 — There aren’t many unique driving experiences left for a man like Dale Earnhardt Jr. Thanks to CARSTAR and Axalta, he’s managed to cross another off his bucket list. For the first time, Earnhardt drove his No. 88 on city streets, specifically the streets of […]
Inside View: Michael Macaluso and Jose Costa on the new CARSTAR North America
By Jeff Sanford Hamilton, Ontario — March 2, 2016 — A massive merger, two cultures coming together and a remarkably swift series of moves at the parent company have resulted in Canadian executive, Michael Macaluso, heading up the CARSTAR organization across North America. Dan Young, President of CARSTAR US, stepped down recently and left the […]
Inside View: Michael Macaluso and Jose R. Costa on the CARSTAR Canada acquisition
By Jeff Sanford Hamilton, Ontario — December 4, 2015 — The news broke late in the day on Wednesday. Major auto franchise company, Driven Brands, will acquire CARSTAR Canada in a deal that is being hailed as a major success by both parties. Terms of the deal were not disclosed. Negotiations have been ongoing for […]
CARSTAR Canada acquired by Driven Brands
Hamilton, Ontario — December 2, 2015 — CARSTAR Canada has been acquired by Driven Brands, a portfolio company of Roark Capital. CARSTAR is one of the largest multi-store network of independently owned collision and glass centres in Canada, operating more than 230 locations in 10 provinces. Driven Brands owns numerous automotive franchise brands in North […]
CARSTAR US acquired by Driven Brands
By Jeff Sanford Toronto, Ontario — October 23, 2015 — The consolidation of the North American collision repair network continues with big news out of Charlotte, North Carolina. Auto industry conglomerate Driven Brands will acquire Kansas-based CARSTAR Auto Body Repair Experts, a company better known here as CARSTAR US. This deal does not involve CARSTAR […]