0000950142-24-000800.txt : 20240326 0000950142-24-000800.hdr.sgml : 20240326 20240326170543 ACCESSION NUMBER: 0000950142-24-000800 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240322 FILED AS OF DATE: 20240326 DATE AS OF CHANGE: 20240326 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RC Driven Holdco LLC CENTRAL INDEX KEY: 0001840427 ORGANIZATION NAME: STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 24784550 BUSINESS ADDRESS: STREET 1: C/O ROARK CAPITAL MANAGEMENT, LLC STREET 2: 1180 PEACHTREE STREET, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-591-5200 MAIL ADDRESS: STREET 1: C/O ROARK CAPITAL MANAGEMENT, LLC STREET 2: 1180 PEACHTREE STREET, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Roark Capital GenPar III LLC CENTRAL INDEX KEY: 0001840288 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 24784546 BUSINESS ADDRESS: STREET 1: C/O ROARK CAPITAL MANAGEMENT, LLC STREET 2: 1180 PEACHTREE STREET, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-591-5200 MAIL ADDRESS: STREET 1: C/O ROARK CAPITAL MANAGEMENT, LLC STREET 2: 1180 PEACHTREE STREET, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Driven Equity LLC CENTRAL INDEX KEY: 0001840422 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 24784551 BUSINESS ADDRESS: STREET 1: C/O ROARK CAPITAL MANAGEMENT, LLC STREET 2: 1180 PEACHTREE STREET, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-591-5200 MAIL ADDRESS: STREET 1: C/O ROARK CAPITAL MANAGEMENT, LLC STREET 2: 1180 PEACHTREE STREET, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Roark Capital GenPar III Cayman AIV Sub LLC CENTRAL INDEX KEY: 0002016513 ORGANIZATION NAME: STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 24784548 BUSINESS ADDRESS: STREET 1: 1180 PEACHTREE STREET NE, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-591-5200 MAIL ADDRESS: STREET 1: 1180 PEACHTREE STREET NE, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DRIVEN EQUITY SUB LLC CENTRAL INDEX KEY: 0001900930 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 24784552 BUSINESS ADDRESS: STREET 1: C/O ROARK CAPITAL MANAGEMENT, LLC STREET 2: 1180 PEACHTREE STREET, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-591-5200 MAIL ADDRESS: STREET 1: C/O ROARK CAPITAL MANAGEMENT, LLC STREET 2: 1180 PEACHTREE STREET, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ROARK CAPITAL PARTNERS III AIV LP CENTRAL INDEX KEY: 0001900940 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 24784547 BUSINESS ADDRESS: STREET 1: C/O ROARK CAPITAL MANAGEMENT, LLC STREET 2: 1180 PEACHTREE STREET, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-591-5200 MAIL ADDRESS: STREET 1: C/O ROARK CAPITAL MANAGEMENT, LLC STREET 2: 1180 PEACHTREE STREET, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RC III Portfolio Holdings LP CENTRAL INDEX KEY: 0002016504 ORGANIZATION NAME: STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 24784549 BUSINESS ADDRESS: STREET 1: 1180 PEACHTREE STREET NE, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-591-5200 MAIL ADDRESS: STREET 1: 1180 PEACHTREE STREET NE, SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Driven Brands Holdings Inc. CENTRAL INDEX KEY: 0001804745 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTOMOTIVE REPAIR, SERVICES & PARKING [7500] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 473595252 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 BUSINESS ADDRESS: STREET 1: 440 S. CHURCH STREET STREET 2: SUITE 700 CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 704-377-8855 MAIL ADDRESS: STREET 1: 440 S. CHURCH STREET STREET 2: SUITE 700 CITY: CHARLOTTE STATE: NC ZIP: 28202 FORMER COMPANY: FORMER CONFORMED NAME: RC Driven Holdings LLC DATE OF NAME CHANGE: 20200226 4 1 es240460118_4-dreq.xml OWNERSHIP DOCUMENT X0508 4 2024-03-22 0 0001804745 Driven Brands Holdings Inc. DRVN 0001900930 DRIVEN EQUITY SUB LLC C/O ROARK CAPITAL MANAGEMENT, LLC 1180 PEACHTREE STREET, SUITE 2500 ATLANTA GA 30309 0 0 1 1 See Remarks. 0001840422 Driven Equity LLC C/O ROARK CAPITAL MANAGEMENT, LLC 1180 PEACHTREE STREET, SUITE 2500 ATLANTA GA 30309 0 0 1 1 See Remarks. 0001840427 RC Driven Holdco LLC C/O ROARK CAPITAL MANAGEMENT, LLC 1180 PEACHTREE STREET, SUITE 2500 ATLANTA GA 30309 0 0 1 1 See Remarks. 0002016504 RC III Portfolio Holdings LP C/O ROARK CAPITAL MANAGEMENT, LLC 1180 PEACHTREE STREET, SUITE 2500 ATLANTA GA 30309 0 0 1 1 See Remarks. 0002016513 Roark Capital GenPar III Cayman AIV Sub LLC C/O ROARK CAPITAL MANAGEMENT, LLC 1180 PEACHTREE STREET, SUITE 2500 ATLANTA GA 30309 0 0 1 1 See Remarks. 0001900940 ROARK CAPITAL PARTNERS III AIV LP C/O ROARK CAPITAL MANAGEMENT, LLC 1180 PEACHTREE STREET, SUITE 2500 ATLANTA GA 30309 0 0 1 1 See Remarks. 0001840288 Roark Capital GenPar III LLC C/O ROARK CAPITAL MANAGEMENT, LLC 1180 PEACHTREE STREET, SUITE 2500 ATLANTA GA 30309 0 0 1 1 See Remarks. 0 Common Stock 68832571 D This Form 4 consists solely of an exit report for Roark Capital Partners III AIV LP, as this entity is no longer subject to Section 16. No shares of common stock, par value $0.01 per share, of Driven Brands Holdings Inc. (the "Common Stock") were sold for any consideration by any of the reporting persons or any member of the reporting persons' 10% group. In connection with an internal reorganization of Roark's holding structure, Roark Capital Partners III AIV LP contributed for no consideration its interests in RC Driven Holdco LLC to RC III Portfolio Holdings LP, the general partner of which is Roark Capital GenPar III Cayman AIV Sub LLC. As a result, Roark Capital Partners III AIV LP no longer has beneficial ownership of the shares of Common Stock held by Driven Equity Sub LLC and thereby ceased being a reporting person. Consists of shares held directly by Driven Equity Sub LLC. Driven Equity Sub LLC is controlled by Driven Equity LLC, which is controlled by RC Driven Holdco LLC, which is controlled by RC III Portfolio Holdings LP, which is controlled by Roark Capital GenPar III Cayman AIV Sub LLC, which is in turn controlled by Roark Capital GenPar III LLC. Roark Capital GenPar III LLC is controlled by its managing member, Neal K. Aronson. Each of Driven Equity LLC, RC Driven Holdco LLC, RC III Portfolio Holdings LP, Roark Capital GenPar III Cayman AIV Sub LLC and Roark Capital GenPar III LLC (collectively with Driven Equity Sub LLC, the "Driven Equity Entities") and Mr. Aronson may be deemed to have voting and dispositive power with respect to the shares of Common Stock directly held by Driven Equity Sub LLC and therefore be deemed to be the beneficial owner of the Common Stock held by this entity, but each disclaims beneficial ownership of such shares of Common Stock except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. The Driven Equity Entities are members of a 10% group with (i) Neal K. Aronson and (ii) RC IV Cayman ICW Holdings Sub LLC, RC IV Cayman ICW Holdings LLC, RC IV Cayman ICW Equity LLC, Roark Capital Partners IV Cayman AIV LP, Roark Capital GenPar IV Cayman AIV LP and Roark Capital GenPar IV Cayman AIV Ltd (the "RC IV Entities"). None of the shares of Common Stock held by Mr. Aronson and the RC IV Entities are reflected in this report. See signatures attached as Exhibit 99.1 2024-03-26 EX-99.1 2 es240460118_ex9901.htm EXHIBIT 99.1

EXHIBIT 99.1

This statement on Form 4 is filed by: (i) Driven Equity Sub LLC, (ii) Driven Equity LLC, (iii) RC Driven Holdco LLC, (iv) RC III Portfolio Holdings LP, (v) Roark Capital GenPar III Cayman AIV Sub LLC, (vi) Roark Capital Partners III AIV LP and (vii) Roark Capital GenPar III LLC

Name of Designated Filer: Driven Equity Sub LLC

Date of Event Requiring Statement: March 22, 2024

Issuer Name and Ticker or Trading Symbol: Driven Brands Holdings Inc. [DRVN]

  DRIVEN EQUITY SUB LLC  
     
  By: /s/ Stephen D. Aronson  
   

Name: Stephen D. Aronson

Title: Vice President, General Counsel and Secretary

  

 

  DRIVEN EQUITY LLC  
     
  By: /s/ Stephen D. Aronson  
   

Name: Stephen D. Aronson

Title: General Counsel and Secretary

  

 

 

RC Driven holdco llc

  
     
  By: /s/ Stephen D. Aronson  
   

Name: Stephen D. Aronson

Title: General Counsel and Secretary

  

 

  RC III Portfolio Holdings LP  
     
  By: /s/ Stephen D. Aronson  
   

Name: Stephen D. Aronson

Title: Vice President, General Counsel and Secretary

  

 

  Roark Capital GenPar III Cayman AIV Sub LLC  
     
  By: /s/ Stephen D. Aronson  
   

Name: Stephen D. Aronson

Title: Vice President, General Counsel and Secretary

  

 

 

Roark Capital partners iii AIV lp

  
     
  By: /s/ Stephen D. Aronson  
   

Name: Stephen D. Aronson

Title: Vice President, General Counsel and Secretary

  
       
  roark capital genpar iii LLC  
     
  By: /s/ Stephen D. Aronson  
   

Name: Stephen D. Aronson

Title: General Counsel and Secretary