Our Core Values define who we are, what we do and how we do it. Contributions to 527s are not included in the Individuals, PACs, Soft (Indivs), or Soft (Orgs) columns, so the sum of these columns may not equal the Total column. Cheesecake Factory buys most of Roark's stake for $457M Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. The company is in growth mode, targeting eight to 10 new openings a year. Inspire Brands is majority-owned by affiliates of Roark Capital Group. Few of Arbys issues were present at CKE, which was acquired from private equity firm Apollo Global Management. If you work your tail off and follow the rules, you can be successful. Visit Website. Our greater purpose reminds us to appreciate who we work hard for each daywhen Roark does well, more kids go to college, more research gets done for curing disease and the people who protect our streets and teach our kids get a better life. U.S. Roark Capital Group is an American private equity firm with over $33 billion in assets under management. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Founded in 1988, U.S. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 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. The brand offers one of the most innovative and diverse menus in the quick-service restaurant industry, with more than 30 unique sandwiches and 8 different types of protein. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. Roark Capital | LinkedIn 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. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. 1-800 Radiator is the largest franchised automotive parts distributor in North America. privacy policy or contact Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". The private-equity firm helped turn around Arby's after buying a majority stake in 2011. So far, it seems the risk is paying off. The New Jersey State Investment Council, which manages investments in seven public pension funds, committed up to $100 million to the private equity firms latest fund in 2012 after the agencys staff cited Roarks impressive track record and strong returns. The firms first acquisition was Carvel in 2001 for $26 million. In its 13 years in existence, Roark has sold only three companies. 540 Madison Ave Ron Ruggless | Oct 29, 2020. New York, NY 10022 "We are actively expanding our footprint through the strategic acquisition of top-performing, complementary auto aftermarket services companies," said Jonathan Fitzpatrick, CEO of Driven Brands. They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE. Roark Capital Group , an Atlanta-based private equity firm, acquired Miller's Ale House, a growing casual dining restaurant chain, from owners Jack Miller, KarpReilly and SKM Equity Fund III. Were growers, not cutters. Responsibilities. We look first at the brand and the company, he says. Later acquisitions were made with capital from the second and third investment funds. Take 5 Oil Change represents the 5th acquisition for Driven Brands in the year since Roark Capital acquired the business, expanding the collective brands' footprint to more than 2,000 locations in the U.S. About Driven BrandsDriven Brands, headquartered in Charlotte, NC, is the parent company of North America's leading automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers and Merlin 200,000 Mile Shops; Paint & Collision, housing Maaco, CARSTAR North America and Drive N Style; Distribution, housing 1-800-Radiator & A/C; and Quick Lube, housing Pro Oil Change, Econo Lube N' Tune, Driven Florida Lubes and Take 5 Oil Change. To this day, Wingstop is still under the Roark Capital Group. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. Roark Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says. The Denver company . Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark portfolio company, Youth Enrichment Brands, acquires i9 Sports. Roark Capital Acquires ServiceMaster Brands | ServiceMaster Uniban is a leading network of glass repair and replacement service centers across North America. All of those characteristics have helped turn Roark into one of the biggest influencers in the quick-service industry. For 91 years, we've been helping people take control of their financial futures. The stake will be controlled by Roark founder and managing partner Neal Aronson, according to securities documents filed Monday. Were just not big believers in shortcuts, Aronson says. Get todays need-to-know restaurant industry intelligence. Roark Capital founder Neal Aronson has helped the firm grow to include several premier quick-service companies, including CKE and Arbys. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. . [23], On December 19, 2022, Inspire Brands announced that it had sold Rusty Taco to Gala Capital Partners, owner of Cicis Pizza, Dunn Brothers Coffee, and Mooyah. [14] In September 2018, Inspire had the 27-location R Taco reverted to the Rusty Taco name. The deal specifies that Ginsberg and Aronson are locked up for 60 days from trying to amass a controlling interest in Cheesecake. By the time Focus Brands--an arm of Atlanta-based private equity firm, Roark Capital Group--took over the company in 2006 they had sold or closed all but one franchise. With the acquisition of ICWG, affiliates of Roark have acquired 61 multi-unit brands which combined generate annual system revenues of approximately $25 billion from 28,000 locations in 50 states and 78 countries. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Author has 4.2K answers and 3.1M answer views. Phone (404) 591-5200 See Neal K Aronson's compensation, career history, education, & memberships. The latest from Restaurant Business, sent straight to your inbox. For more information visit www.take5oilchange.com. He now owns the Gulfstream G-IV with registration . Who Owns Who in Franchising? Over 50 of the Most Popular Franchise 403 Veterans Blvd. You don't drive past their logos every time you leave the house. [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. Do not sell my personal infoPrivacy PolicyContact UsRSS, Cheesecake Factory buys most of Roark's stake for $457M. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com The company, which was sold by Roark Capital Group to Pandya Restaurant Growth Brands in October 2020, has two locations in San Antonio, Texas. Healthy Contributions (Self Esteem Brands), International Car Wash Group (Driven Brands), Seattle's Best International (FOCUS Brands), ServiceMaster Clean (ServiceMaster Brands), ServiceMaster Restore (ServiceMaster Brands), Streamline Brands (Youth Enrichment Brands), U.S. 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. Greenwood Village, CO. Leeds West Groups (LWG) was founded in 2009 by current CEO and Board Member Judd Shader and is . Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Will the Fast-Food Dining Room Live On After COVID? Some firms seek investments that fit into specific size parameters. For more information visit www.roarkcapital.com. Wingstop has a total market capitalization of a gigantic $4.73 billion! Roark has a history of creating jobs, providing opportunities, and helping people and companies realize their potential. 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. New York, NY 10022 Most compete in the quick-service sector, far downmarket from Cheesecakes turf. For the restaurant, see, "Jimmy John's Sale To Inspire Brands Now Complete", "Why Fast Food's Smartest Operator Is Expanding When Business Is Terrible", "Wendy's sells stake in Arby's owner for $450 million", "Arby's owner beefs up portfolio, eating up another fast-food franchise", "Arby's, Buffalo Wild Wings new parent Inspire Brands debuts", "Arby's closes deal for Buffalo Wild Wings, makes new company", "Arby's CEO: We're Not Done Buying Brands After BWW", "Wendy's Sells Inspire Brands Stake for $450 Million", "Inspire Brands reveals plans for its 3rd brand, now Rusty Taco", "Inspire Brands bringing 1,100 jobs, $32 million to Sandy Springs", "Inspire Brands to buy Sonic Corp. for $2.3B", "Arby's owner Inspire Brands buys Jimmy John's", "Inspire completes purchase of Jimmy John's", "Dunkin' closes in on $9bn sale to Inspire Brands", "Inspire Brands to Acquire Dunkin' Brands Group for $11.3 Billion Including Debt", "Inspire Brands Completes Acquisition of Dunkin' Brands", "Inspire Brands sells Rusty Taco to the owner of Cicis Pizza", "Art of the deal panel to highlight FFGC", https://en.wikipedia.org/w/index.php?title=Inspire_Brands&oldid=1139069937, Companies based in Sandy Springs, Georgia, 2018 establishments in Georgia (U.S. state), Economy of the Southeastern United States, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 13 February 2023, at 05:48. Theyre very entrepreneurial., Besides, he says, theyre just plain good guys.. Roark's portfolio companies - Business Insider To help with Arbys, two industry prosJon Luther, Dunkin Brands chairman, and former Yorkshire Global Restaurants CEO Sid Feltensteinwere added as independent directors on Arbys board. Wendy's owns about 18.5 percent of Arby's, with their stake valued at around $325.9 . The acquisitions are a team effort, Hill says, relying on Roarks operational, financial, and other resources. Pet Valu is Canada's leading small-format specialty retailer of pet food and supplies, providing a wide selection of high quality pet products, together with friendly customer service and convenient store locations. Automotive Training Institute (ATI) is a leading provider of financial and operational training series to the automotive repair and maintenance and paint and collision markets. Naf Naf Grill, the fast-casual Middle Eastern concept, and an investor group have acquired the entire minority ownership in the company previously held by affiliates of Roark Capital Group, the . Jim N Nicks is a differentiated full-service restaurant chain that has been serving award-winning barbecue and Southern-inspired cuisine for over 30 years. regarding PitchBook Data's products. Roark focuses on investments in consumer and business service companies, with a specialization in franchise and franchise-like business models. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". Roark Capital Group finalized its deal to acquire Buffalo Wild Wings for $2.9 billion on February 5. He plans to structure the company similar to Hilton Hotels & Resorts. Baseball Academy. The securities filing states that Aronson will have the discretion to manage the shares as he sees fit. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. We want to partner with entrepreneurs and executives who share this vision. Private equity often involves deals of dizzying size to buy companies your average consumer has never heard of. Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. 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. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. Number 8860726. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. Thats key. Roark Capital Group Investor Profile: Portfolio & Exits | PitchBook Roark focuses on middle market investment opportunities through family-owned business transfers, management and corporate buyouts . Since inception, affiliates of Roark have invested in 61 franchise/multi-unit brands which collectively generate $25 billion in annual system revenues from 28,000 locations in 50 states and 78 countries. The buyback more than doubled Roark's initial investment. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. 1 Answer ANSWER Neal Aronson. Atlanta investment firm scoops up Culver's stock - Madison [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. 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. Registered in England and Wales. Since inception, affiliates of Roark have invested in 92 franchise/multi-location brands which generate approximately $54 billion in annual system revenues from 63,000 locations in 50 states and . Corner Bakery Files for Bankruptcy Protection As Office Worker 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. Here's What It Said, Supporting New Restaurant Franchisees, By Experience Level, The Power of Transformation in the Restaurant World, Fast-Food Chains Turn Focus to Better In-App Experiences, How to Effectively Market a Restaurant Anniversary. We dont know when yet, but it will happen, he says. Billionaire Founder Of Jimmy John's Sells His Remaining - Forbes TWO MEN AND A TRUCK is the largest franchised moving company in the U.S. and offers comprehensive home and business relocation, junk removal, and packing services. www.roarkcapital.com, Roark Who Owns Wingstop? All About the Chicken Wing Chain Founded in 2006, Streamline Brands is a leading franchisor and We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. Naf Naf Grill, investor group buy out Roark ownership Today, we're one of the world's largest investment management organizations, managing $2.2 trillion.*. It now owns three of the 25 biggest quick-service restaurant chainsit acquired a majority stake in Arbys three years agoand oversees a 16-brand dining empire with some $11 billion in systemwide sales and nearly 12,100 units employing some 300,000 people. ABRA is a leading network of franchised automotive collision repair shops. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. When typing in this field, a list of search results will appear and be automatically updated as you type. Roark Capital Acquires Fitness Connection - prnewswire.com Suite 2500 Cinnabon and some franchising rights for Seattles Best Coffee were then acquired in 2004. While the firm has not sold any of its restaurant companies yet, that time will come. . GROUP. The firm has $3 billion in capital under management, raised through three successively larger private-equity funds. 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. How Roark Capital's Neal Aronson won over franchisees to build a $54 billion fast-food juggernaut with brands like Arby's, Dunkin', and Buffalo Wild Wings. 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. 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. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. Buffalo Wild Wings' Owner Has Diverse Empire - Business Insider Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Founded in 2001, Roark Capital Group is a private equity firm based in Atlanta, Georgia. We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. Arby's owner Roark gobbles up Buffalo Wild Wings for $2.4 billion Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. Roarks other limited-service brands include Auntie Annes, Carvel Ice Cream, Cinnabon, Moes Southwest Grill, and Schlotzskysall of which are included under the Focus Brands umbrellaas well as Corner Bakery, McAlisters Deli, and Wingstop. Affiliates of Roark have acquired 55 franchise/multi-unit brands which generated approximately $21 billion in system revenues from 23,000 locations located in 50 states and 75 countries. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. The fast-casual chain started in 1991 in Chicago and launched a franchising program in 2007. About Roark Capital GroupRoark focuses on consumer and business service companies with a specialization in franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Roarks strategy is to focus on a few industries and dive deeply into them, gaining knowledge and insight that is important to make acquisitions and providing expertise to its operating company managers, who typically hold an equity stake. www.roarkcapital.com, Roark Elane served as Group President of Kimberly-Clark International and Global President of Kimberly . Private-equity firm Roark Capital Group, which owns Atkins, is gearing up to seek a buyer for the low-carbohydrate-diet pioneer, according to people familiar with the matter.

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