X0508
4
2023-11-15
0
0001804745
Driven Brands Holdings Inc.
DRVN
0001840278
RC IV Cayman ICW Holdings LLC
C/O ROARK CAPITAL MANAGEMENT, LLC
1180 PEACHTREE STREET, SUITE 2500
ATLANTA
GA
30309
0
0
1
1
See Remarks.
0001900934
RC IV CAYMAN ICW HOLDINGS SUB LLC
C/O ROARK CAPITAL MANAGEMENT, LLC
1180 PEACHTREE STREET, SUITE 2500
ATLANTA
GA
30309
0
0
1
1
See Remarks.
0001840285
RC IV Cayman ICW Equity LLC
C/O ROARK CAPITAL MANAGEMENT, LLC
1180 PEACHTREE STREET, SUITE 2500
ATLANTA
GA
30309
0
0
1
1
See Remarks.
0001840291
Roark Capital Partners IV Cayman AIV LP
C/O ROARK CAPITAL MANAGEMENT, LLC
1180 PEACHTREE STREET, SUITE 2500
ATLANTA
GA
30309
0
0
1
1
See Remarks.
0001840290
Roark Capital GenPar IV Cayman AIV LP
C/O ROARK CAPITAL MANAGEMENT, LLC
1180 PEACHTREE STREET, SUITE 2500
ATLANTA
GA
30309
0
0
1
1
See Remarks.
0001840289
Roark Capital GenPar IV Cayman AIV Ltd.
C/O ROARK CAPITAL MANAGEMENT, LLC
1180 PEACHTREE STREET, SUITE 2500
ATLANTA
GA
30309
0
0
1
1
See Remarks.
0
Common Stock, par value $0.01 per share
32758952
I
See footnote
Consists of shares held directly by RC IV Cayman ICW Holdings Sub LLC. Includes 14,056,415
shares previously held directly by RC IV Cayman ICW Holdings LLC.
In connection with a recapitalization of Driven Equity LLC, RC IV Cayman ICW Equity LLC acquired a pecuniary interest in shares held by Driven Equity LLC.
RC IV Cayman ICW Holdings Sub LLC is controlled by RC IV Cayman ICW Holdings LLC. RC IV Cayman ICW Holdings LLC is controlled by RC IV Cayman ICW Equity LLC. RC IV Cayman ICW Equity LLC is controlled by Roark Capital Partners IV Cayman AIV LP, which is in turn controlled by its general partner, Roark Capital GenPar IV Cayman AIV LP. Roark Capital GenPar IV Cayman AIV LP is controlled by its general partner, Roark Capital GenPar IV Cayman AIV Ltd.
Each of 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. may be deemed to have voting and dispositive power with respect to the common stock directly owned by RC IV Cayman ICW Holdings Sub LLC and therefore be deemed to be the beneficial owner of the common stock held by RC IV Cayman ICW Holdings Sub LLC, but each disclaims beneficial ownership of such 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 reporting persons are members of a 10% group with Driven Equity LLC, Driven Equity Sub LLC, RC Driven Holdco LLC, Roark Capital Partners AIV III LP and Roark Capital GenPar III LLC (the "Driven Equity Parties") and Neal K Aronson. None of the shares of common stock held by Mr. Aronson and the Driven Equity Parties are reflected in this report.
See signatures attached as Exhibit 99.1
2023-11-17
EXHIBIT 99.1
This statement on Form 4 is filed by: (i) RC IV Cayman ICW
Holdings LLC, (ii) RC IV Cayman ICW Holdings Sub LLC, (iii) RC IV Cayman ICW Equity LLC, (iv) Roark Capital Partners IV Cayman AIV LP,
(v) Roark Capital GenPar IV Cayman AIV LP and (vi) Roark Capital GenPar IV Cayman AIV Ltd.
Name of Designated Filer: RC IV Cayman ICW Holdings
LLC
Date of Event Requiring Statement: November 15, 2023
Issuer Name and Ticker or Trading Symbol: Driven Brands
Holdings Inc. [DRVN]
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RC IV CAYMAN ICW holdings LLC |
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By: |
/s/ Stephen D. Aronson |
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Name: Stephen D. Aronson |
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Title: Manager |
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RC IV CAYMAN ICW holdings SUB LLC |
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By: |
/s/ Stephen D. Aronson |
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Name: Stephen D. Aronson |
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Title: Manager |
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RC IV CAYMAN ICW EQUITY LLC |
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By: |
/s/ Stephen D. Aronson |
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Name: Stephen D. Aronson |
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Title: Director |
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ROARK CAPITAL PARTNERS IV CAYMAN AIV LP |
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By: |
/s/ Stephen D. Aronson |
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Name: Stephen D. Aronson |
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Title: Director |
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Roark Capital GENPAR IV CAYMAN AIV LP |
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By: |
/s/ Stephen D. Aronson |
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Name: Stephen D. Aronson |
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Title: Director |
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ROARK CAPITAL GENPAR IV CAYMAN AIV LTD. |
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By: |
/s/ Stephen D. Aronson |
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Name: Stephen D. Aronson |
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Title: Director |
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