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Our lawyers provide innovative and practical counsel on a wide variety of capital raising and securities law compliance matters. We represent clients ranging from emerging private companies to established public companies. With each, we build long-term relationships, generating efficiencies and helping them realize their business goals.

Driven Brands Completes $225.3 Million Secondary Offering

Paul, Weiss advised automotive services company Driven Brands Holdings Inc. and selling stockholders Driven Equity LLC and RC IV Cayman ICW Holdings LLC, each of which is a related entity of Roark Capital Management, LLC, in a secondary offering of 7 million shares of Driven Brand’s common stock by the two selling stockholders. The shares in the offering were priced at $32.19 per share for gross proceeds of $225.3 million to the selling stockholders. BofA Securities, Inc. and Morgan Stanley acted as underwriters for the transaction.

The Paul, Weiss team included corporate partners John Kennedy, Jeffrey Marell and Monica Thurmond and counsel Christodoulos Kaoutzanis and David Epstein; and tax partner Matthew Jordan

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