Roark focuses on investments in consumer and business service companies, with a specialization in franchise and franchise-like business models. New York, NY 10022 Phone (212) 806-6000 Jimmy John's is one of the largest sandwich chains in the US. Founded in 2001, Roark Capital Group is a private equity firm based in Atlanta, Georgia. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. ABRA is a leading network of franchised automotive collision repair shops. Thats key. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. [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. 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. Neal K Aronson is Managing Partner/Founder at Roark Capital Group.
Billionaire Founder Of Jimmy John's Sells His Remaining - Forbes The firm has $3 billion in capital under management, raised through three successively larger private-equity funds. ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . Roark Capital Group, the owner of restaurant chain Arby's, plans to buy Buffalo Wild Wings for $2.4 billion. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. [9] On August 28, 2018, Georgia Governor Nathan Deal announced that Inspire was moving its headquarters to Sandy Springs, Georgia in 2019. 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. Installation Made Easy coordinates the lead generation, sale, and installation of do-it-for-me home improvement projects on a nationwide basis on behalf of several of America's most respected home improvement and general merchandise "Big Box" retailers. Atlanta, Georgia 30309 FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Roark is now one of the largest holding companies in foodservice, with brands ranging from Auntie Annes to Sonic, Jimmy Johns, Arbys, Moes Southwest Grill, Schlotzskys, Carvel, 50% of Culvers, Millers Ale House and Rusty Taco. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S.
Here's why Arby's acquisition of Buffalo Wild Wings is good news for 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. Description. Branson, MO 65616-2060. Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. | Roark is an Atlantabased private equity firm with $35 billion in assets under management. Roark Capital Acquires Fitness Connection.
Atlanta investment firm scoops up Culver's stock - Madison The acquisitions are a team effort, Hill says, relying on Roarks operational, financial, and other resources. Like many urban fast-casual concepts , Corner Bakery has struggled during the pandemic and has seen sharp declines in earnings and revenues since March, according to Debtwire. Article continues below .
Roark :: About Our Name - Roark Capital Group 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. HOME 1-800 Radiator is the largest franchised automotive parts distributor in North America. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. READ MORE, Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark 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. Roark's current brands include Anytime Fitness, Arby's, Atkins Nutritionals, Batteries Plus Bulbs, Carl Jr.'s, Corner Bakery, Driven Brands, FOCUS Brands (the owner of Auntie Anne's Pretzels, Carvel Ice Cream, Cinnabon, McAlister's Deli, Moe's Southwest Grill, and Schlotzsky's), Hardee's, Il Fornaio, Massage Envy, Miller's Ale House, Money Mailer, Naf Naf Grill, Orangetheory Fitness, Pet Supermarket, Pet Valu, Primrose Schools, Quala, Waxing the City, and Wingstop. 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. Theyre all different, and so I think weve gotten better at it, he says.
Buffalo Wild Wings' Owner Has Diverse Empire - Business Insider [11] Brown expected that Inspire would acquire additional chains in different segments. The brand was named a Nations Restaurant News Hot Concept in 2016. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com Owned by private equity firm Roark Capital Group, CKE Restaurants was founded in 1966 with the opening of Carl's Jr. Clean Franchise Brands : Year Formed: 2021: . Some firms seek investments that fit into specific size parameters. 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. 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 fast . 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.
who owns sonic Official 2023 Was decided. 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. 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. 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. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. Were growers, not cutters. The private-equity firm helped turn around Arby's after buying a majority stake in 2011. New York, NY 10022
Working At Arby's: Employee Reviews And Culture - Zippia 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. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. www.roarkcapital.com, Roark Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Who owns capital music group?
Naf Naf Grill, investor group buy out Roark ownership Aronson says the firm talks about the core values and lives them out every day, and that theyre on laminated cards given to each of Roarks 45 employees. 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.
Who Owns Massage Envy? Details on Spa Franchisor Amid Allegations Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors.
Roark :: Current Investments - Roark Capital Group That is where this country has been built, because 65 percent of the job growth for 15 years leading up to the recession came from those people who built a store, then a second store, then a third.. 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. Jimmy John's and Rusty Taco parent company has completed its acquisition of Dunkin' Brands Group for $11.3 billion (or . Atlanta, Georgia 30309 operator of swim schools for children of all ages, serving over 150,000 swimmers per year.
For 91 years, we've been helping people take control of their financial futures. Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. 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 is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. 1180 Peachtree Street NE Aronson will surrender 47,517 of the common shares to Cheesecake in exchange for $10.4 million in cash. Roark focuses on middle market investment opportunities through family-owned business transfers, management and corporate buyouts . When typing in this field, a list of search results will appear and be automatically updated as you type. [18], Inspire Brands announced that it was buying Jimmy John's on September 25, 2019.
Disney to cut 7,000 jobs after return of CEO Iger - Worldnews.com Its holdings in the restaurant industry include investments in Arby's, Corner Bakery, Jimmy John's, Wingstop and FOCUS Brands, which owns chains such as Cinnabon and Schlotzsky's.
Corner Bakery Cafe sells to Boston Market owner Pandya 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. Driven Brands is the largest automotive services company in North America. 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. Roark Capital-owned Driven Brands targets over $3 bln valuation in IPO. Roark prides itself on being a trusted partner for management and business owners. 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. It is part of Flynn Restaurant Group which also operates 441 . Founded in 1972, Meineke is an automotive aftermarket industry pioneer and leading provider of repair and maintenance services. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. Roark is an Atlantabased private equity firm with $33 billion in assets under management. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. Who is corner bakery owned by? Morningstar Institutional Equity Research. They keep their companies autonomous, but they understand how to control costs and focus on getting the profit margins up.. How are the unit-level economics? Roark has a history of creating jobs, providing opportunities, and helping people and companies realize their potential. Installation Made Easy coordinates the lead generation, sale, and installation of do-it-for-me home improvement projects on a nationwide basis on behalf of several of America's most respected home improvement and general merchandise "Big Box" retailers. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. When I talked to Jack, he yelled at me and shamed me into starting Roark, Aronson says. Jul 22, 2013, 08:00 ET. About Roark Capital Group. New York, NY 10022 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 . Visit Website.
Inspire Brands Completes Acquisition of Dunkin' Brands A winwinwin approach leads to a positive business environment where all stakeholders customers, employees, franchisees, strategic partners, service providers, management and shareholders share in the growth and success of our businesses.
Neal K Aronson, Roark Capital Group: Profile and Biography Who Owns Wingstop? All About the Chicken Wing Chain 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. [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. ", Ezra Field, Senior Managing Director and Chief Investment Officer at Roark, said, "ICWG's quick conveyor car wash model provides high-quality washes at an affordable price point that is attractive to today's consumers who demand convenience and value. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. It comes down to a few basic principles treat everyone the way you want to be treated, always do what you say, and always do what is right and long-term smart regardless of conventional wisdom, even when its really hard and when no one is looking. 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. B-Dubs might be going private. 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. As a private equity company, we will need to, and will divest companies, Aronson says. privacy policy or contact
Who Owns Wingstop? How It Started - Under30CEO If capital and expertise are needed to help the brands grow, well provide that.. Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Their total assets, however, are around $250 million. The only way your investment is going to be rewarded in the long term is if you make long-term focused decisions that improve the business, which they do very well. When typing in this field, a list of search results will appear and be automatically updated as you type. 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.
Roark has plenty of capital now for its companies needs and to make additional acquisitions, but Aronson can see a fourth private equity fund down the road. Since inception, affiliates of Roark Capital have acquired 52 franchise/multi-unit brands, which generate $20 billion in annual system revenues from 22,000 locations in 50 states and 75 countries. Phone (212) 806-6000 Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. Ask the Restaurant Legal Professionals: What to Know When Hiring Minors, Starbucks' Next Big Innovation: Coffee Infused with Olive Oil, FDA Food Code Update, and its Impact on Quick Service, The Future of Fast Casual in 2023 and Beyond, 40 Million People Downloaded McDonalds App in 2022, Sweetgreen Alters Growth Strategy for Sake of Profitability, Legendary Pitmaster Pat Martin Comes Back Swinging, Pals Success and Longevity is Anything but Sudden, Jack in the Boxs Development Reaches Turning Point, Wendy's Entices Operators with New Investment Opportunity, How Restaurants Can Use Location Data to Boost Efficiency, 5 Ways Software Can Improve Restaurant Operations, Why its Time to Pay Attention to Loyalty Capture Rate, Focus Brands Exec Shares How to Transform Your Supply Chain, Experiential Offers Unlock True Loyalty for Restaurant Brands, Inside Smoothie Kings Transformation to a Healthy Lifestyle Brand, The Missing Puzzle Piece of the Workforce Crisis, How Restaurants Can Develop a Recession-Proof Recruitment Strategy, Burger King Parent CEO Jose Cil to Step Down, From Resignation to Retention: The Evolution of the Labor Market, FAT Brands Knows Exactly How to Remove its Debt, Starbucks Teases Game-Changer as Sales Rocket Higher, Chipotle Vet Forms Multi-Brand Platform for Rising Fast Casuals, South Block Grows Thanks to Strong Community Ties, Daddy's Chicken Shack Finds the Perfect Chemistry, Portillo's First Texas Unit is Earning $48K Per Day, Inside Steak n Shakes Winding Road Back, Dutch Bros Fine-Tunes Rewards Program, But Buzz Remains Same, We Asked AI How to Properly Open a Ghost Kitchen. The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. 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. Roark Capital Group acquired Corner Bakery in 2011 from Il Fornaio Corporation. . The following year, Focus Brands was formed to hold Roarks foodservice acquisitions. . Youll see us sell some companies over time, and youll see us take some companies public. In 1995, he helped launch U.S.
Roark Capital Group - CB Insights Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. Nash had a tough exterior, but he was honest and off-the-chart smart, so he gave you great advice. He was also Roarks biggest early investor. Driven Brands is the largest automotive services company in North America.
Roark Capital | LinkedIn US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. ABRA is a leading network of franchised automotive collision repair shops. Driven Brands has more than 2,000 centers across North America, and combined, all businesses generate more than $2.1 billion in system sales.
What are zingers at miller's ale house? Explained by Sharing Culture Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. Terms of .
About Us | Capital Group Roark bought control of Arbys for $430 million in cash and debt, despite 2010 results that one analyst dubbed amongst the worst in modern restaurant history.. Suite 2500 After a few quiet years, Roark raised its first flagship fund in 2005, a $413 million vehicle, and quickly got to work making deals, completing four . We want to partner with entrepreneurs and executives who share this vision. 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. Baseball Academy. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. 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. 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. Elane served as Group President of Kimberly-Clark International and Global President of Kimberly . Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. The company is in growth mode, targeting eight to 10 new openings a year.