who owns roark capital group

Get todays need-to-know restaurant industry intelligence. Atlanta investment firm scoops up Culver's stock - Madison The purchase of the burger chains parent, CKE Inc., which has nearly 3,450 units around the world, is Roarks biggest deal yet, and it solidified the 13-year-old firms position as one of the worlds largest limited-service dining companies. They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE. The brand was named a Nations Restaurant News Hot Concept in 2016. 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. Franchise Systems, an Atlanta-based hotel franchisor that began with one brand and 22 hotels in nine states. Roark Capital Group acquires Jim 'N Nick's Bar-B-Q 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 . In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. ATLANTA & MEMPHIS, TENN. (BUSINESS WIRE) Roark Capital, an Atlanta-based private equity firm focused on investing in franchised and multi-location businesses, announced today that its affiliate has acquired ServiceMaster Brands.ServiceMaster Brands, one of the nation's leading providers of residential and commercial restoration and cleaning services, operates a network of over 1,850 . Image Credit: IHOP - Legacy Capital Investment Group IHOP restaurants are franchised and operated by Glendale, California-based International House of Pancakes, LLC and its affiliates. Uniban is a leading network of glass repair and replacement service centers across North America. 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. who owns sonic Official 2023 Roark Capital Portfolio Company Driven Brands Acquires Take 5 Oil Change ATLANTA, Oct. 4, 2017 /PRNewswire/ --Roark Capital Group, an Atlanta-based private equity firm focused on multi-unit consumer businesses, announced today that its affiliate has closed on the previously announced acquisition of UK-based International Car Wash Group from TDR Capital LLP. 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. Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. Roark Capital Group Investor Profile: Portfolio & Exits | PitchBook The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. Jimmy John's and Rusty Taco parent company has completed its acquisition of Dunkin' Brands Group for $11.3 billion (or . That's because we've stayed true to our core beliefs, our approach to investing and our commitment to community. ATLANTA, Oct. 4, 2017 /PRNewswire/ -- Roark Capital Group, an Atlanta -based private equity firm focused on multi-unit consumer businesses, announced today that its affiliate has closed on the . Healthy Contributions helps employers, health insurers and partners engage and activate members to participate in wellness programs and reward healthy behaviors to change lives for better health. He is my all-time favorite character in any book, Aronson says. Arby's owner Roark gobbles up Buffalo Wild Wings for $2.4 billion In 1995, he helped launch U.S. Roark Capital Group specializes in franchises in the food service, retail and consumer services industries. [14] In September 2018, Inspire had the 27-location R Taco reverted to the Rusty Taco name. 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. 403 Veterans Blvd. Driven Brands manages a family of automotive companies including Maaco, Meineke Car Care Centers, CARSTAR North America, 1-800 Radiator & A/C, which collectively generate annual system revenues of more than $2.1 billion. 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. ORLANDO, Florida: Under recently reinstated CEO Bob Iger, Walt Disney Co. announced this week that it is cutting 7,000 jobs, or 3.6 percent of the company's global workforce, to save $5.5 billion in costs and seek to make its streaming business profitable. If you work your tail off and follow the rules, you can be successful. 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. Inspire Brands is majority-owned by affiliates of Roark Capital Group. Roark focuses on investments in consumer and business service companies, with a specialization in franchise and franchise-like business models. Jimmy John's Franchise, LLC is an American franchised sandwich fast food restaurant chain owned by Inspire Brands. It is part of Flynn Restaurant Group which also operates 441 . Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. 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. Private equity often involves deals of dizzying size to buy companies your average consumer has never heard of. www.roarkcapital.com. The securities filing states that Aronson will have the discretion to manage the shares as he sees fit. Terms of . [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. Disney to cut 7,000 jobs after return of CEO Iger - Worldnews.com Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark Portfolio Employees Assistance Fund. Started in Jupiter, FL in 1988 by husband and wife team Jack and Claire Miller, Miller's Ale House is a sports-themed full service restaurant that offers an extensive menu of freshly prepared food and top-quality drinks. Corner Bakery Files for Bankruptcy Protection As Office Worker Their total assets, however, are around $250 million. The firms first acquisition was Carvel in 2001 for $26 million. What are zingers at miller's ale house? Explained by Sharing Culture Description. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. Roark Capital Group Inc - Company Profile and News Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. Driven Brands Holdings Inc, one of the largest U.S. auto services franchisers, is looking to raise as much as $760 million . 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. NEW YORK OFFICE Phone (212) 806-6000 Roark Portfolio Employees Assistance Fund. The Chicago-based company did not disclose terms of the deal or the identity of the investor group. 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. Some firms seek investments that fit into specific size parameters. The Untold Truth Of Miller's Ale House - Mashed.com The firm has $3 billion in capital under management, raised through three successively larger private-equity funds. Maintaining Automated Tests in TAF for V1 platform for API testing Similar Questions. Our business services investments have included Divisions Maintenance Group, Driven Brands,ServiceMaster Brands, Installation Made Easy, and previously Solterra Recycling Solutions, Batteries Plus Bulbs, CyberCore, FASTSIGNS, Money Mailer, Peachtree Business Products, PSC, Quala, Waste Pro, and GFL Environmental. Media ContactBrandi Neloms, Sr. Communications Manager[emailprotected] 704-644-8151, Cision Distribution 888-776-0942 So far, it seems the risk is paying off. 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 :: About Our Name - Roark Capital Group who owns arbys Official 2023 Cheesecake opted to trade 200,000 shares of preferred stock to Roark for $200 million. Stronger U is a digital, personalized nutrition-based health coaching services brand. The deals became larger and more diversefast-casual, full-service, and quick-service restaurants, including some with company-owned units, not just franchisees. [11] Brown expected that Inspire would acquire additional chains in different segments. Roark Capital Group Inc. operates as a private equity firm. 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. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. Related: Naf Naf Grill founder dies at 47, Greg Willman, left, who was named Naf Naf Grill CEO in May 2020, said in a statement: I am excited about the future of Naf Naf Grill and want to thank Roark for its support and positive contributions to the company.. Roark Capital Group added another brand to its wide-ranging franchise portfolio with the acquisition October 1 of residential and commercial restoration and cleaning services company.