III Capital Management sold $3.60 million of Driven Brands shares
Driven Brands generated $1.9 Billion in revenue. However, III Capital Management sold 255,860 shares, valued at $3.60 million, during the first quarter.
The quarter-end value of the fund’s Driven Brands stake declined by $3.96 million.
As of May 15, 2026, Driven Brands shares were priced at $13.77, underperforming the S&P 500 over the past year.