who owns roark capital group

Responsibilities. With this acquisition, Driven Brands continues to expand its Quick Lube division, which also includes Pro Oil Change and Driven Florida Lubes. 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. Later on, it was sold to the Roark Capital Group back in 2010. The Cheesecake Factory is an iconic casual dining brand with best-in-class service and high-quality, made-from-scratch food across a diverse menu with over 250 items. 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. Neal Aronson founded Roark Capital in . The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. 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. Roark Capital Group is an Atlanta-based private equity firm with more than $1.5 billion in equity capital under management. International House of Pancakes, LLC is a wholly-owned subsidiary of Dine Brands Global (NYSE: DIN). US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. Some firms seek investments that fit into specific size parameters. Atlanta, Georgia 30309 Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Inspire Brands is majority-owned by affiliates of Roark Capital Group. If you work your tail off and follow the rules, you can be successful. CHARLOTTE, N.C., March 30, 2016 /PRNewswire/ -- Driven Brands, a portfolio company of Roark Capital and the nation's leading automotive franchisor . ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . When typing in this field, a list of search results will appear and be automatically updated as you type. Quick Answer: Does Corner Bakery have bagels? - De Kooktips - Homepage 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. The Chicago-based company did not disclose terms of the deal or the identity of the investor group. If its franchising, it better be great unit-level economics, or a franchisee would never get involved in it.. 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. Members help make our journalism possible. 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. Our Core Values define who we are, what we do and how we do it. In 2006, Brinker sold the company ( but still owns Maggiano's ), and Corner Bakery Cafe began franchising a year later. 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 moves largely undo Roarks $200 million equity investment in Cheesecake back in April 2020, when the pandemic was just beginning. We learn a lot from every company we evaluate, and then as we work with the companies., Making an acquisition is just the ticket to play, he adds. We like growth, and were looking to invest in growth.. Our portfolio companies span multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities. Roark Capital is an Atlanta-based private equity firm. 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 . When the company was sold in 2000, it had three brands and some 500 hotels in all 50 states and five countries. We look first at the brand and the company, he says. 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FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. Roark differs in many ways from other private equity companies. Who is the CEO of Sonic? Im not sure Id call ourselves experts at this point, but we certainly have a lot of years of study, learning about the industry and through our experiences.. 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. The new managers set about turning that around by refurbishing the stores and giving franchisees the OK to sell a product they wanted: Italian ice. We then focus our time on what are those three or four key strategic initiatives for that business., Nash, who died in 2008, passed on several lessons to Aronson, one of the biggest being that the best investments require great patience. | Roark is an Atlantabased private equity firm with $35 billion in assets under management. We are delighted to be a part of the Roark family. 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. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. Its pretty exciting to be part of helping people realize their dreams, Aronson says of franchising. 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. [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. [8] Inspire Brands is majority-owned by affiliates of Roark Capital Group. There hadnt been a new flavor in five years or a new product in eight. Roark Capital Group acquired 81.5% of Arby's Restaurant Group in July 2011 and is now a majority-owner of Inspire Brands. As of 2021, Wingstop makes a net income of about $42 million a year. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. The brand was named a Nations Restaurant News Hot Concept in 2016. The following year, Focus Brands was formed to hold Roarks foodservice acquisitions. Jimmy John's Franchise, LLC is an American franchised sandwich fast food restaurant chain owned by Inspire Brands. They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE. Founded in 1988, U.S. Roark Capital Group Inc - Company Profile and News Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. [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. 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. Please Fax (404) 591-5201 Did inspire brands buy jimmy johns? Explained by Sharing Culture He has conviction, passion, unbelievable honesty, openness, and hes loyal and trustworthy. Atlanta investment firm scoops up Culver's stock - Madison Jimmy John's and Rusty Taco parent company has completed its acquisition of Dunkin' Brands Group for $11.3 billion (or . Phone (404) 591-5200 That is part of our obligation to our investors.. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. ATLANTA OFFICE In the U.S., ICWG operates under the banners of Car Wash USA Express, Goo-Goo, Zippy's, Car Wash Express, and Supersonic Car Wash. ICWG is committed to delivering consistent wash quality for the customer while minimizing the impact on the environment. 540 Madison Ave Its two full-service restaurant chains are Il Fornaio and Millers Ale House. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. He plans to structure the company similar to Hilton Hotels & Resorts. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Cinnabon and some franchising rights for Seattles Best Coffee were then acquired in 2004. ATLANTA OFFICE [18], Inspire Brands announced that it was buying Jimmy John's on September 25, 2019. 37th Floor The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. [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. Our goal is to be the preferred capital source for private equity solutions by earning the respect of everyone we interact with. Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. 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 | 12,241 followers on LinkedIn. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. While the firm has not sold any of its restaurant companies yet, that time will come. CHARLES WEST Net Worth $400 Million House Yacht Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark Portfolio Employees Assistance Fund. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. Roark Capital Group acquires Jim 'N Nick's Bar-B-Q Howard Roarks characteristics led to Roark Capitals 12 core values, including commitment, integrity, collaboration, and accountability. [11] Brown expected that Inspire would acquire additional chains in different segments. 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 (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark portfolio company, Youth Enrichment Brands, acquires i9 Sports. 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. That step will leave him with 2.4 million shares. If the series of financial moves are completed as expected on June 15, Roarks interest in Cheesecake will be reduced to 2.4 million shares of common stock, or 4.6% of total shares outstanding. In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. Wendy's owns about 18.5 percent of Arby's, with their stake valued at around $325.9 . Roark focuses on investments in consumer and business service companies, with a specialization in franchise and franchise-like business models. 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. 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. North Italia is a modern interpretation of Italian cooking in the upscale casual dining segment, offering a variety of dishes that are handmade from scratch daily. Who owns the most Arby's franchises? refer to our Who Owns Roark Clothing - BikeHike Driven Brands Holdings Inc, one of the largest U.S. auto services franchisers, is looking to raise as much as $760 million . 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. 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. Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. We earn trust by abiding by the highest moral standards and treating our investors, management teams, lenders, advisors, service providers and communities with dignity and respect. 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. 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. Latest Addition to Driven Brands Strengthens Leadership Position in Automotive Aftermarket Services Industry. The Rohan Group of Companies, which owns Pandya Restaurant Growth Brands, had hoped to expand the Corner Bakery brand, but it remains unclear how the bankruptcy filing will impact those plans. Finally, in 2015, the final answer to the previous question, who owned Wingstop? 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.. Thats key. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. CARSTAR is the largest franchise network of automotive collision repair shops in North America. The Rinse-and-Repeat Franchise Model That Makes This Couple $25 Million from 8 AM - 9 PM ET. CHARLOTTE, N.C., March 30, 2016 /PRNewswire/ --Driven Brands, a portfolio company of Roark Capital and the nation's leading automotive franchisor, announced today that its affiliate has acquired Louisiana-based Take 5 Oil Change. . [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. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. privacy policy or contact Roark Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. In 1995, he helped launch U.S. Founded in 1965, ICWG is the world's largest conveyor car wash company currently operating in 14 countries around the globe, washing more than 35 million cars every year through a network of more than 900 locations. [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. The firms first acquisition was Carvel in 2001 for $26 million. Envysion is a loss prevention platform designed to protect businesses, brands, Since 2015, Scena has provided as-built digital twin services to restaurants for, Full-service communications and PR agency specializing in the Restaurant and, Refreshed Branding Boosts Mendocino Farms' Growth Plans, Patrick Doyle Brings His Turnaround Magic to Burger King, Free to Qualified Restaurant Professionals, Dave's Hot Chicken Announces Partnership with Movie Franchise, Scream, Slutty Vegan Sets Opening Date for Second NYC Location, Jet's Pizza to Give Away Year's Worth of Ranch, Biscuitville Establishes Special Fund to Assist Employees with Financial Hardships. "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. Buffalo Wild Wings is the largest sports bar chain in the U.S., featuring an immersive sports restaurant experience and a variety of boldly flavored menu items, including buffalo-style chicken wings spun in over 20 signature sauces and seasonings. When Darden sold Red Lobster in 2014, it was to Golden Gate Capital, who also owned Romano's Macaroni Grill from 2008 to 2013. They keep their companies autonomous, but they understand how to control costs and focus on getting the profit margins up.. Inspire Brands Completes Acquisition of Dunkin' Brands CARSTAR is the largest franchise network of automotive collision repair shops in North America. ATLANTA, July 22, 2013 /PRNewswire/ -- Roark Capital Group, an Atlanta -based private equity firm, announced today that an affiliate had acquired 65 unit Miller's Ale House . Driven Brands is the largest automotive services company in North America. Who Owns Wingstop? How It Started - Under30CEO About Roark Capital Group. www.roarkcapital.com, Roark Portfolio Employees Assistance Fund. www.roarkcapital.com, Roark READ MORE, Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Roark Capital Acquires ServiceMaster Brands | Business Wire Phone (404) 591-5200 Roark Capital Acquires ServiceMaster Brands. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. Roark Capital Group finalized its deal to acquire Buffalo Wild Wings for $2.9 billion on February 5. 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. Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. 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. Roark :: Current Investments - Roark Capital Group International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. They have perfected their processes and deliver industry leading customer service. It takes time to build a really good company, to make it sustainable, and make the growth something thats long term.. [9] On August 28, 2018, Georgia Governor Nathan Deal announced that Inspire was moving its headquarters to Sandy Springs, Georgia in 2019. Who Owns Who in Franchising? Over 50 of the Most Popular Franchise If capital and expertise are needed to help the brands grow, well provide that.. Were growers, not cutters. Few of Arbys issues were present at CKE, which was acquired from private equity firm Apollo Global Management. In addition to the franchise brands it owns, the Italian company also designs, makes and distributes fashion, luxury and sports eyewear under almost 20 brand names such as Ray-Ban . Web page addresses and e-mail addresses turn into links automatically. Suite 2500 Founded in 1988, U.S. He is my all-time favorite character in any book, Aronson says. Roark managing partner Neal Aronson will retain control of a 4.6% stake. 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. . [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. The numbers on this page are based on contributions of $200 or more from PACs and individuals to federal candidates and from PAC, individual and soft . Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. Baseball Academy. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. serving 10,000+ campers per year. 37th Floor 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 .

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