June 7, 2010

Brookside Mezzanine Partners Drives New Investment

Brookside Mezzanine Partners is pleased to announce its investment in Driven Brands, Inc. ("Driven"). Headquartered in Charlotte, NC, Driven is the parent company of several leading franchisors in the automotive aftermarket industry, including Meineke Car Care Centers and Maaco Collision Repair & Auto Painting. They offer a comprehensive line of automotive repair and maintenance services, including auto painting, exhaust, brake and ride control through over 1,300 locations.

Brookside Mezzanine Partners provided $10 million in subordinated debt as part of a $50 million subordinated debt facility led by Arrowhead Mezzanine to support the refinancing of Driven by Carousel Capital Partners. Carousel Capital Partners is a private investment firm with over $500 million under management that focuses on investing in companies located in the Southeastern United States.