Driven Brands Holdings Inc.

Nasdaq: DRVN/ADW Capital Management, LLCprivate

ADW Capital proposes $18/share all-cash acquisition of Driven Brands

Cash+42.0% premiumPre-proxyVote requiredhigh confidence

Key takeaways

ADW Capital Management, LLC acquires Driven Brands Holdings Inc. — $18.00/share cash · 42% premium (cash).

Merger Arbeconomics, downside, days

Deal value

—

cash

Per-share offer

$18.00

$18.00 per share in cash

Premium

+42.0%

Days to close

—

Term fee

—

Spread Calculator

Manual price entry · saved per ticker

Current px

Offer$18.00

Gross spread—

Spread %—

Annualized—no close date

ConsiderationCash

Detail$18.00 per share in cash

Cash / share$18.00

AnnouncedApr 30, 2026

Days outstanding78d

Expected close—

Termination fee—

Reverse term fee—

Go-shop period—

Fiduciary out—

Financing conditionNo — fully committed

Debt commitment—

Insider lock-up—

Timelineannounced → close

Announced
Apr 30, 2026
Preliminary Proxy
—
Definitive Proxy
—
Record date
—
Shareholder vote
—
Expected close
—

Vote Mechanicsrecord / mailing / vote

Vote required

Vote date—

Record date—

Mailing date—

Record → vote—

Threshold—

Min approvalparsed—

Shares outstanding—

Insider lock-up—

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.

Closing Conditionsapprovals · vote · financing · lockups

1 done · 0 pending · 1 total

✓
Financing· No financing condition

Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.

Advisors

No advisor data on record for this deal.

Filing Timelineevery filing on this issuer

Apr 30, 2026this filing
ADW Capital proposes $18/share all-cash acquisition of Driven Brands

Sources

Press Release

ADW Capital Management, a 3.7% shareholder of Driven Brands Holdings Inc., announced a non-binding proposal on April 30, 2026 to acquire all outstanding shares at $18.00 per share in cash, representing a 42% premium to the 30-day VWAP. The proposal is not subject to a financing contingency, and ADW Capital has stated it is prepared to engage with the board and complete due diligence quickly. This is a preliminary activist proposal seeking to initiate negotiations with the target company and its controlling shareholder Roark Capital Group.

Item id: f4fa8e81-6e27-4635-81af-0438367a2e46 · ingested Apr 30, 2026