Buyout firm Roark Capital is considering a sale of automotive services franchiser Driven Brands Inc. for as much as $2 billion, according to people with knowledge of its plans.
The Atlanta-based private equity firm is speaking to advisers about running an auction of Driven Brands in the fourth quarter, said the people, who asked not to be identified because the information is private. The company is expected to attract interest from other private equity firms, the people said.