0000950142-22-000041.txt : 20220103 0000950142-22-000041.hdr.sgml : 20220103 20220103170246 ACCESSION NUMBER: 0000950142-22-000041 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211229 FILED AS OF DATE: 20220103 DATE AS OF CHANGE: 20220103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Roark Capital Partners III LP CENTRAL INDEX KEY: 0001547125 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 22502881 BUSINESS ADDRESS: STREET 1: 1180 PEACHTREE STREET NE STREET 2: SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-591-5200 MAIL ADDRESS: STREET 1: 1180 PEACHTREE STREET NE STREET 2: SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Driven Equity LLC CENTRAL INDEX KEY: 0001840422 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 22502884 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 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 22502879 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 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 22502880 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 Driven Holdco LLC CENTRAL INDEX KEY: 0001840427 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 22502882 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 SUB LLC CENTRAL INDEX KEY: 0001900930 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39898 FILM NUMBER: 22502883 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 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Driven Brands Holdings Inc. CENTRAL INDEX KEY: 0001804745 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTOMOTIVE REPAIR, SERVICES & PARKING [7500] IRS NUMBER: 473595252 STATE OF INCORPORATION: DE FISCAL YEAR END: 1225 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 es210212753_4-dreq.xml OWNERSHIP DOCUMENT X0306 4 2021-12-29 0 0001804745 Driven Brands Holdings Inc. DRVN 0001840422 Driven Equity LLC C/O ROARK CAPITAL MANAGEMENT, LLC 1180 PEACHTREE STREET, SUITE 2500 ATLANTA GA 30309 0 0 1 1 See Remarks. 0001900930 DRIVEN EQUITY SUB LLC C/O ROARK CAPITAL MANAGEMENT, LLC 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. 0001547125 Roark Capital Partners III LP 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. Common Stock, par value $0.01 per share 34277905 D Common Stock, par value $0.01 per share 39297463 I See footnote This Form 4 consists solely of an exit report for Roark Capital Partners III 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, (a) Driven Equity LLC transferred 39,297,463 shares of Common Stock to its direct subsidiary, Driven Equity Sub LLC, for no consideration, and (b) Roark Capital Partners III LP contributed for no consideration its interests in RC Driven Holdco LLC to Roark Capital Partners III AIV LP, the general partner of which is Roark Capital GenPar III LLC. As a result, Roark Capital Partners III LP no longer has beneficial ownership of, or a pecuniary interest in, the shares of Common Stock held by Driven Equity LLC and Driven Equity Sub LLC and thereby ceased being a reporting person. Consists of shares held directly by Driven Equity LLC. 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 Roark Capital Partners III AIV LP, which is in turn controlled by its general partner, Roark Capital GenPar III LLC. Roark Capital GenPar III LLC is controlled by its managing member, Neal K. Aronson. (Continued in FN6) (Continued from FN5) Each of RC Driven Holdco LLC, Roark Capital Partners III AIV LP, Roark Capital GenPar III LLC (collectively with Driven Equity LLC and 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 LLC and Driven Equity Sub LLC and therefore be deemed to be the beneficial owner of the shares of Common Stock held by these entities, 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. /s/ See signatures attached as Exhibit 99.1 2022-01-03 EX-99.1 2 es210212753_ex9901.htm EXHIBIT 99.1

EXHIBIT 99.1

  

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

 

Name of Designated Filer: Driven Equity LLC

 

Date of Event Requiring Statement: December 29, 2021

 

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

 

  DRIVEN EQUITY LLC  
       
  By: /s/ Stephen D. Aronson  
    Name: Stephen D. Aronson  
    Title: General Counsel and Secretary  
       
  DRIVEN EQUITY SUB LLC  
       
  By: /s/ Stephen D. Aronson  
    Name: Stephen D. Aronson  
    Title: Vice President, General Counsel and Secretary  
       
  RC Driven holdco llc  
       
  By: /s/ Stephen D. Aronson  
    Name: Stephen D. Aronson  
    Title: General Counsel and Secretary  
       
  Roark Capital partners iii lp  
       
  By: /s/ Stephen D. Aronson  
    Name: Stephen D. Aronson  
    Title: Vice President, General Counsel and Secretary  
       
  Roark Capital partners AIV iii 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