who owns roark capital group

Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. Affiliates of Roark have invested in 56 franchise/multi-unit brands which collectively generate $21 billion in annual system revenues from 23,000 locations in 50 states and 75 countries. Luther is Arbys chairman. Theres also Green Burrito and Red Burrito, which cobrand with some Carls Jr. and Hardees, while Roark also franchises Seattles Best Coffee internationally. They are like the Warren Buffett of restaurants.. Although CKE has debtthe company refinanced $1 billion last yearAronson says its very manageable. 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 . Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. Suite 2500 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 . Our portfolio companies span multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities. 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. As a private equity company, we will need to, and will divest companies, Aronson says. 37th Floor Who is corner bakery owned by? 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. The Denver company . To this day, Wingstop is still under the Roark Capital Group. Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. Roark Capital Group is an Atlanta-based private equity firm that specializes in franchise, brand management, environmental services and marketing services companies with attractive growth prospects. The boardroom at Roark Capital Group's offices in an Atlanta skyscraper has all the accoutrements of a nicely appointed meeting area, including a large conference table surrounded by comfortable chairs and a wide view of the city below.There's just one distinction: Two dozen black-framed notices of the private equity firm's acquisitions dot the walls along the narrow sides of the room. Roark prides itself on partnering with entrepreneurs and executives who share this vision of growth and success across all stakeholders. They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. Our team will review your remarks prior to publishing. Founded in 1972, Meineke is an automotive aftermarket industry pioneer and leading provider of repair and maintenance services. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. In the multi-step deal spelled out in Mondays SEC filings, Roark will distribute 150,000 of its 200,000 preferred Cheesecake shares to three subsidiaries. About Roark Capital Group. NEW YORK OFFICE Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. 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 . 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. . Neal K Aronson is Managing Partner/Founder at Roark Capital Group. 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 . Email this Business. Roark is an Atlantabased private equity firm with $33 billion in assets under management. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. For more information visit www.roarkcapital.com. www.roarkcapital.com. Most of Carvels resources had been diverted to its supermarket business, which angered franchisees. 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. The fast . Merry Maids is a leading franchisor and provider of home cleaning services. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. The Chicago-based company did not disclose terms of the deal or the identity of the investor group. As the Atlanta-based private equity firm that owns Massage Envy, Roark Capital Group published a plan in 2017 to address the . The purchases were financed primarily through Roarks first private equity fund. How are the unit-level economics? Were growers, not cutters. 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. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. 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. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. I agree to receive PitchBook Data's electronic newsletters, updates, promotions and related messages Phone (212) 806-6000 They have perfected their processes and deliver industry leading customer service. Miller's appears to be in good hands with its current owners. us for more details. In 2016, Liautaud sold an estimated 65% of the business to Inspire's parent company, the Atlanta-based private equity firm Roark Capital, in a deal that valued Jimmy John's at around $3 . The acquisitions are a team effort, Hill says, relying on Roarks operational, financial, and other resources. 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 have acquired 105 franchise/multilocation brands which generate approximately $70 billion in system revenues from ~67,700 locations located in 50 states and 89 countries. 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. Founder & Chief Executive Officer. Marcato, which owns a 6.4 percent stake in the wing chain, launched its campaign . Roark has a history of creating jobs, providing opportunities, and helping people and companies realize their potential. 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. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. 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. 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. Jimmy John's is one of the largest sandwich chains in the US. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. Inspire Brands is majority-owned by affiliates of Roark Capital Group. 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. 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. Lines and paragraphs break automatically. The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans. We like growth, and were looking to invest in growth.. Maintaining Automated Tests in TAF for V1 platform for API testing Roark Capital Group, the owner of restaurant chain Arby's, plans to buy Buffalo Wild Wings for $2.4 billion. The securities filing states that Aronson will have the discretion to manage the shares as he sees fit. Baseball Academy. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Roark Capital is an Atlanta-based private equity firm. The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. Some investors, including university endowments and investment managers, have invested in all three, a sign of Roarks performance. 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. Fax (404) 591-5201 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. Youll see us sell some companies over time, and youll see us take some companies public. If capital and expertise are needed to help the brands grow, well provide that.. Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Roark Capital-owned Driven Brands targets over $3 bln valuation in IPO. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says. For more information, visit www.DrivenBrands.com. . Theyre very entrepreneurial., Besides, he says, theyre just plain good guys.. If the series of financial moves are completed as expected on June 15, Roark's interest in Cheesecake will be reduced to 2.4 million shares of common stock, or 4.6% of total shares outstanding. No, Sonic is owned by Sega, who debuted the character in "Sonic The Hedgehog" for their Genesis console in 1991. While the chain has over 1,700 locations around the world with thousands of employees and owners, Wingstop was sold to Roark Capital Group in 2010 and went public in 2015. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. Description. There were four CEOs in six years, a problem Aronson blames on previous ownership. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". 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. 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.. 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, announced today that its affiliate has acquired Louisiana-based Take 5 Oil Change. 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. Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. As chief financial officer at U.S. "With this partnership, we have access to world-class technology, purchasing power, operational support and resources that will enable us to accelerate our growth and success.". FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. They keep their companies autonomous, but they understand how to control costs and focus on getting the profit margins up.. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. 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 . It is part of Flynn Restaurant Group which also operates 441 . That is part of our obligation to our investors.. Terms of . Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark Portfolio Employees Assistance Fund.

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