who owns roark capital group

Roark Capital Group, the owner of restaurant chain Arby's, plans to buy Buffalo Wild Wings for $2.4 billion. ", Matt Kaelin, Managing Director at Roark, added, "We are looking forward to working with Mike Smith, Bill Derwin, and the rest of the management team to continue to build the business.". CARSTAR is the largest franchise network of automotive collision repair shops in North America. 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. Under the terms of the transaction, affiliates of Roark Capital Group will pay $157 a share for Buffalo Wild Wings, just a few dollars more than the $150 price that the company traded at on the . Luther is Arbys chairman. Roark managing partner Neal Aronson will retain control of a 4.6% stake. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. See our history. This outlook helps makes Roark successful, says Lex Lane, Wingstop franchisee and vice president and business development officer at United Capital Business Lending in suburban Baltimore. 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. Roark focuses on investments in consumer and business service companies, with a specialization in franchise and franchise-like business models. Romaniello and Hill moved to Roark in 2008 to help with acquisitions and operations. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 The firm seeks to invest in consumer and business service companies in the restaurant, specialty retail, consumer and business services, and health, wellness, and beauty sectors. Fax (404) 591-5201 37th Floor 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. In 1995, he helped launch U.S. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. In its 13 years in existence, Roark has sold only three companies. Cheesecake opted to trade 200,000 shares of preferred stock to Roark for $200 million. 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 . Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. The franchisees hated the company, says Romaniello, now a Roark managing partner. 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 company said Wednesday. 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. 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. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. Neal K Aronson is Managing Partner/Founder at Roark Capital Group. www.roarkcapital.com. 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 firings came Founded in 2001, Roark Capital Group is a private equity firm based in Atlanta, Georgia. Atlanta-based private-equity Roark Capital Group invested in the concept in 2015. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. Visit Website. The fast-casual chain started in 1991 in Chicago and launched a franchising program in 2007. Inspire Brands, Inc. is an American holding company and the owner and franchisor[7] of the Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Mister Donut, Dunkin' Donuts and Baskin-Robbins restaurant chains. Its pretty exciting to be part of helping people realize their dreams, Aronson says of franchising. [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. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. www.roarkcapital.com, Roark 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. 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. The deal specifies that Ginsberg and Aronson are locked up for 60 days from trying to amass a controlling interest in Cheesecake. Uniban is a leading network of glass repair and replacement service centers across North America. RB American is the largest Arby's franchisee, operating 370 restaurants across 9 states. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. Bosley's is the leading pet food retail chain in British Columbia specializing in holistic and specialty brands with a focus on pet health and wellness. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Founded in 1984, Take 5 Oil Change operates 65 quick oil change facilities across nine states throughout the Southeast. Miller's appears to be in good hands with its current owners. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. CARSTAR is the largest franchise network of automotive collision repair shops in North America. Our largest sector, food and restaurants, encompasses investments in brands such as: Inspire Brands (the owner of Arbys, Baskin Robbins, Buffalo Wild Wings, Dunkin, Jimmy Johns, and Sonic), Nothing Bundt Cakes, CKE Restaurants (the owner of Carls Jr and Hardees), FOCUS Brands (the owner of Auntie Annes Pretzels, Carvel Ice Cream, Cinnabon, Jamba, McAlisters Deli, Moes Southwest Grill, and Schlotzskys), Millers Ale House, Culvers, The Cheesecake Factory (the owner of North Italia and Flower Child), Jim N Nicks BBQ, and previously Corner Bakery, Il Fornaio, Naf Naf Middle Eastern Grill and Wingstop. Arbys is the largest drive-thru sandwich chain in the United States. Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. regarding PitchBook Data's products. Inspire Brands and Roark Capital Group own Arby's. The two companies are the parent organizations of Arby's. Inspire Brands is an American holding company and the owner and franchiser of many food industry companies, such as Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Rusty Taco, and others. 2023 PitchBook. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. Maintaining Automated Tests in TAF for V1 platform for API testing Who is the CEO of Sonic? 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. Baseball Academy. FOCUS Brands is the parent company of Auntie Anne's, Carvel, Cinnabon, Jamba, McAlisters, Moe's Southwest Grill, Schlotzsky's and the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. Roark Capital | 12,241 followers on LinkedIn. Join the more than 1.5 million industry professionals who get our daily newsletter! 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. Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. The purchases were financed primarily through Roarks first private equity fund. B-Dubs might be going private. Roark Capital Acquires ServiceMaster Brands. Phone (404) 591-5200 The firm has $3 billion in capital under management, raised through three successively larger private-equity funds. They are an extremely knowledgeable group, he says, noting that the firms buy-and-hold philosophy is important to him as a lender and franchisee. Buffalo Wild Wings also owned the Rusty Taco chain. Roark Capital Group. Roark differs in many ways from other private equity companies. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. Our team will review your remarks prior to publishing. from 8 AM - 9 PM ET. Lines and paragraphs break automatically. Ron Ruggless | Oct 29, 2020. For more information visit www.take5oilchange.com. [15], On August 16, 2018, The Wendy's Company announced that it sold its 12.3% stake in Inspire Brands back to the company for $450 million, which included a 38% premium over the stake's most recent valuation. Greenwood Village, CO. Leeds West Groups (LWG) was founded in 2009 by current CEO and Board Member Judd Shader and is . Wingstop has a total market capitalization of a gigantic $4.73 billion! 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. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. 540 Madison Ave Roark Capital Group Inc. operates as a private equity firm. Win whats next. They keep their companies autonomous, but they understand how to control costs and focus on getting the profit margins up.. Baseball Academy. "Arby's Restaurant Group" redirects here. When I talked to Jack, he yelled at me and shamed me into starting Roark, Aronson says. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. 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 . 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. 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 . Primrose Schools is a leading franchisor of pre-K schools providing high quality educational programs for children 6 weeks to 5 years old and after-school learning programs for 6 to 12 year olds. It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says. CHARLOTTE, N.C., March 30, 2016 /PRNewswire/ -- Driven Brands, a portfolio company of Roark Capital and the nation's leading automotive franchisor . 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. 1180 Peachtree Street NE Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. 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. A massive private equity firm, Atlanta-based Roark owns varied franchise brands including Anytime Fitness and Massage Envy, along with Inspire Brands and Focus . www.roarkcapital.com, Roark ATLANTA OFFICE Stronger U is a digital, personalized nutrition-based health coaching services brand. Here's what Roark is offering, and what this means for the company, its shareholders and the struggling restaurant industry. Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. By the end of the first year under Roark leadership, 21 new menu items were added. Roark focuses on middle market investment opportunities through family-owned business transfers, management and corporate buyouts . In the book, the character doesnt bow to conventional wisdom and is seen as an authentic innovator. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. 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. ABRA is a leading network of franchised automotive collision repair shops. Registered in England and Wales. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. Jimmy John's and Rusty Taco parent company has completed its acquisition of Dunkin' Brands Group for $11.3 billion (or . Through its ownership of Fox Restaurant Group, a concept incubator, it also holds the rights to develop Flower Child, Culinary Dropout, Fly Bye and a host of other small brands. Theyre very entrepreneurial., Besides, he says, theyre just plain good guys.. Suite 2500

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