Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. Roark Capital Group is buying the 37-unit Jim 'N Nick's Bar-B-Q, the company said on Monday, in a deal that gives the Atlanta-based, private-equity group its 20th restaurant brand. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. www.roarkcapital.com. Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. Greenwood Village, CO. Leeds West Groups (LWG) was founded in 2009 by current CEO and Board Member Judd Shader and is . Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. Roark Capital Group, the owner of restaurant chain Arby's, plans to buy Buffalo Wild Wings for $2.4 billion. Private equity often involves deals of dizzying size to buy companies your average consumer has never heard of. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday.
Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. Youth Enrichment Brands is a leading youth activities company, offering camps, leagues, clinics, classes and other programs that annually serve more than 700,000 kids ranging from 2 to 18 years old. Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows.
Roark Capital Group - Crunchbase Investor Profile & Investments Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts.
Roark Capital Group Acquires Miller's Ale House - PR Newswire Today the only other restaurantchain Golden Gate owns besides Red Lobster is California Pizza Kitchen, but their portfolio includes lots of non-restaurant companies, including Eddie Bauer, Payless, and J. Jill. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 Each deal brings its own set of challenges, says Erik Morris, a managing director who joined Roark in 2007 after leading investments in several quick-service restaurant companies at private equity firm Grotech Capital Group. Neal Aronson founded Roark Capital in . In October 2020, Pandya Restaurant Growth Brands, part of Rohan Group of Cos., owned by real estate investor and restaurant operator Jignesh Pandya of Newtown, Pennsylvania, acquired Corner Bakery . . A winwinwin approach leads to a positive business environment where all stakeholders customers, employees, franchisees, strategic partners, service providers, management and shareholders share in the growth and success of our businesses. us for more details. In its 13 years in existence, Roark has sold only three companies. As of Dec 2022, the chains that the company owns and/or operates include: On this Wikipedia the language links are at the top of the page across from the article title. The deals became larger and more diversefast-casual, full-service, and quick-service restaurants, including some with company-owned units, not just franchisees. That's because we've stayed true to our core beliefs, our approach to investing and our commitment to community. Roark's current brands include Anytime Fitness, Arby's, Atkins Nutritionals, Batteries Plus Bulbs, CKE Restaurants (the owner of Carl's Jr. and Hardee's), Corner Bakery, Driven Brands (the owner of Maaco, Meineke, CARSTAR, 1-800-Radiator and Take 5 Oil Change), Drybar, FOCUS Brands (the owner of Auntie Anne's Pretzels, Carvel Ice Cream, Cinnabon, McAlister's Deli, Moe's Southwest Grill, and Schlotzsky's), Great Expressions Dental Centers, Il Fornaio, Jimmy John's, Jim 'N Nick's, Massage Envy, Miller's Ale House, Naf Naf Grill, Orangetheory Fitness, Pet Retail Brands (the owner of Pet Supermarket and Pet Valu), Primrose Schools and Waxing the City. 1180 Peachtree Street NE Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. Wingstop decided to go entirely public with an IPO (Initial Public Offering) of $19 for a share. The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans. The Cheesecake Factory is reacquiring most of the equity stake held by Buffalo Wild Wings parent Roark Capital in a transaction valued at $457.3 million. International House of Pancakes, LLC is a wholly-owned subsidiary of Dine Brands Global (NYSE: DIN). Our consumer products and services investments have included Driven Brands (the owner of ABRA, ATI, CARSTAR, International Car Wash Group, Maaco, Meineke, Take 5, Uniban, 1800 Radiator, Auto Glass Now, and others), ServiceMaster Brands (the owner of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic, AmeriSpec, and Two Men and a Truck), Pet Supermarket, Pet Valu, Orangetheory Fitness, Massage Envy, Mathnasium, Primrose Schools, Self Esteem Brands (the owner of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, and Stronger U), Fitness Connection, Youth Enrichment Brands (the owner of US Sports Camps, US Baseball Academy, i9 Sports, Streamline Brands and KE Camps), Great Expressions Dental Centers, and previously Atkins Nutritionals, Batteries Plus Bulbs, Drybar, FASTSIGNS, and US Franchise Systems. In 1995, he helped launch U.S. U.S. Roark Capital Group is an American private equity firm with over $33 billion in assets under management. Baskin-Robbins, the worlds largest chain of ice cream specialty shops, is known for its variety of 31 flavors of ice cream, along with their creative ice cream cakes, milkshakes, and ice cream sundaes. Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Since inception, affiliates of Roark Capital have acquired 52 franchise/multi-unit brands, which generate $20 billion in annual system revenues from 22,000 locations in 50 states and 75 countries. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors.
The Chicago-based company did not disclose terms of the deal or the identity of the investor group. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. . Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. NEW YORK OFFICE Buffalo Wild Wings also owned the Rusty Taco chain. Our goal is to be the preferred capital source for private equity solutions by earning the respect of everyone we interact with. www.roarkcapital.com. There was talent at Carvel that Cinnabon could benefit from, and talent at Cinnabon that Carvel could use.. [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. Some investors, including university endowments and investment managers, have invested in all three, a sign of Roarks performance. It was the public. 540 Madison Ave Others acquire companies, do some financial engineering, and then flip them after a few years. [13] Co-owner The Wendy's Company's stake was reduced from 18.5% to 12.3% due to the infusion of capital from Roark Capital to fund the purchase.
Roark Vacation Resort | Better Business Bureau Profile Founded in 2003, i9 Sports is a leading franchisor of community-based, multi-sport leagues for children ages 3-14, serving over 3 million kids since inception. "Arby's Restaurant Group" redirects here. Before launching Roark Capital, he was the co-founder and CFO of US Franchise Systems, an owner and operator of hotel brands that increased its holdings more than 20-fold under his leadership. At Roark, we believe the best way to create value is to form a close partnership with outstanding operating executives and a value-added Board of Directors. At Roark, we believe the best way to create value is to form a close partnership with outstanding operating executives and a value-added Board of Directors. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. Roark has acquired. Now that you know who owns Wingstop, it probably doesn't come as a surprise that the original owner, Antonio Swad had been in the restaurant business since . And that someone, who snapped the company up in early 2018, was Roark Capital, also the owner of the fast-food company Arby's, which has been pegged as one of the least respected fast-food chains . Inspire Brands, Inc. is an American holding company and the owner and franchisor of the Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Mister Donut, Dunkin' Donuts and Baskin-Robbins restaurant chains. Our name signifies our admiration for the qualities embodied by Howard Roark but, as a firm of diverse viewpoints, it does not signify adherence to any particular political philosophy. Prognosis explores health, wellness, and the ways in which modern science is allowing us to live better - in both the long term, and day-to-day, Londons Investment Appeal Is Unraveling as Arm Heads to the US, Climate Change Is Launching a MutantSeed Space Race, British Parents Turn to Home Equity to Help Young Buy Property, Sorry, Fed, Most US Mortgage Rates Were Locked in During Pandemic Lows, Fed Says MoreRate Hikes Are Needed to Curb Inflation, Retailers Fear High-Flying US Consumers Are Falling Back to Earth, Rivian Tells Staff EV Output May Be 24% More Than Forecast, US-Sanctioned Huawei Makes a Show of Force at Mobile Conference, In Blacklisting Inspur, US Targets Partner Used by Intel and IBM, The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers, China to Boost Defense Budget; EV Chiefs Give Advice: NPC Update, Philippine governor, 5 others killed in brazen attack, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, The Exhibit Reality TV Show PittingArtist Against ArtistIs No Masterpiece, Matt HancockWhatsApp LeakExposes theNeed for Covid Justice, Brexit Might Have Been Prevented With Deals Like This, Video Roundup: Opinions Must-See Footage of the Week, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, UK Braces for Rare Weather Event That Risks Late-Winter Freeze, Panic Over Metals for EVs Goes All the Way to Automakers C-Suites, What Do You Want to See in a Covid Memorial? As a private equity company, we will need to, and will divest companies, Aronson says. We dont know when yet, but it will happen, he says. Phone (404) 591-5200
Who Owns Massage Envy? Details on Spa Franchisor Amid Allegations It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says. Author has 4.2K answers and 3.1M answer views. SONIC is the largest drive-in chain in the United States, well-known for its unique drive-in format, carhop service model, and broad menu of food and beverages with over 1.3 million drink combinations. Baseball Academy. The customer is an American company that is an affiliate of the American private equity firm Roark Capital Group which currently owns Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, and McAlister's Deli, Auntie Anne's, and Jamba brands. Fax (212) 518-2028 We like growth, and were looking to invest in growth.. ICWG is the largest car wash operator in the world, washing more than 35 million cars every year through more than 900 locations in 14 countries across Europe, the United States, and Australia. Great Expressions is a leading branded dental practice network that provides comprehensive affordable dental services distinguished by convenience, value, and a broad acceptance of insurance plans. Divisions Maintenance Group is a tech-based provider of integrated facilities maintenance services for prominent retail chains, pharmacies, grocery stores, warehouses, distribution centers, and REITs across more than 46,000 locations in all 50 states. Ask the Restaurant Legal Professionals: What to Know When Hiring Minors, Starbucks' Next Big Innovation: Coffee Infused with Olive Oil, FDA Food Code Update, and its Impact on Quick Service, The Future of Fast Casual in 2023 and Beyond, 40 Million People Downloaded McDonalds App in 2022, Sweetgreen Alters Growth Strategy for Sake of Profitability, Legendary Pitmaster Pat Martin Comes Back Swinging, Pals Success and Longevity is Anything but Sudden, Jack in the Boxs Development Reaches Turning Point, Wendy's Entices Operators with New Investment Opportunity, How Restaurants Can Use Location Data to Boost Efficiency, 5 Ways Software Can Improve Restaurant Operations, Why its Time to Pay Attention to Loyalty Capture Rate, Focus Brands Exec Shares How to Transform Your Supply Chain, Experiential Offers Unlock True Loyalty for Restaurant Brands, Inside Smoothie Kings Transformation to a Healthy Lifestyle Brand, The Missing Puzzle Piece of the Workforce Crisis, How Restaurants Can Develop a Recession-Proof Recruitment Strategy, Burger King Parent CEO Jose Cil to Step Down, From Resignation to Retention: The Evolution of the Labor Market, FAT Brands Knows Exactly How to Remove its Debt, Starbucks Teases Game-Changer as Sales Rocket Higher, Chipotle Vet Forms Multi-Brand Platform for Rising Fast Casuals, South Block Grows Thanks to Strong Community Ties, Daddy's Chicken Shack Finds the Perfect Chemistry, Portillo's First Texas Unit is Earning $48K Per Day, Inside Steak n Shakes Winding Road Back, Dutch Bros Fine-Tunes Rewards Program, But Buzz Remains Same, We Asked AI How to Properly Open a Ghost Kitchen. The mid-sized private equity firm has become a major player in the restaurant industry, says Darren Tristano, vice president of Technomic Inc., a restaurant market research firm. An arm of Atlanta-based Roark Capital Group plans to buy ServiceMaster Brands for $1.55 billion within 30 to 60 days.
How a young private equity firm came to own 16 restaurant brands with $11 billion in systemwide sales.
Neal K Aronson, Roark Capital Group: Profile and Biography Weve been so busy we just havent had the time to put these up yet, says Neal Aronson, Roarks founder and managing partner, smiling down at the frames. After the hotel business was sold, one of Aronson's mentors, Odyssey Partners cofounder Jack Nash, encouraged him to try his hand at private equity.
Roark Capital-owned Driven Brands targets over $3 bln - Nasdaq In 2002, Massage Envy created a completely new category in the wellness industry and remains the industry leader in providing professional and affordable services that promote well-being through total body care.
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