who owns roark capital group

Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. For more information, visit www.DrivenBrands.com. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. . 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. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. 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. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. serving 10,000+ campers per year. Atlanta, Georgia 30309 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. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. 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. 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. He follows what he believes.. We like growth, and were looking to invest in growth.. Who owns capital music group? [10][19] The deal closed on October 18, 2019. 1180 Peachtree Street NE It takes time to build a really good company, to make it sustainable, and make the growth something thats long term.. 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.. Our Core Values define who we are, what we do and how we do it. 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. Roark Capital Group is buying the 37-unit Jim 'N Nick's Bar-B-Q, the company said on Monday, in a deal that gives the Atlanta-based, private-equity group its 20th restaurant brand. Driven Brands is the largest automotive services company in North America. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. privacy policy or contact That is part of our obligation to our investors.. 37th Floor Since inception, affiliates of Roark have invested in 92 franchise/multi-location brands which generate approximately $54 billion in annual system revenues from 63,000 locations in 50 states and . FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. 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. Article continues below . Naf Naf Grill and an investor group bought out the minority ownership of Roark Capital. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. About Roark Capital Group. ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . 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 . 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. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. 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. Fax (212) 518-2028 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. 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 new managers set about turning that around by refurbishing the stores and giving franchisees the OK to sell a product they wanted: Italian ice. 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. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring, business transfers, corporate divestiture, and other situations. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". In 1995, he helped launch U.S. The things that were wrong we saw as fixable, as long as we had time, Aronson says, noting that a private company has that luxury. The deal specifies that Ginsberg and Aronson are locked up for 60 days from trying to amass a controlling interest in Cheesecake. 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 . Jimmy John's Franchise, LLC is an American franchised sandwich fast food restaurant chain owned by Inspire Brands. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. He is my all-time favorite character in any book, Aronson says. CARSTAR is the largest franchise network of automotive collision repair shops in North America. The purchases were financed primarily through Roarks first private equity fund. READ MORE, Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark 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. I agree to receive PitchBook Data's electronic newsletters, updates, promotions and related messages www.roarkcapital.com, Roark 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. ATLANTA OFFICE Phone (404) 591-5200 How Roark Capital's Neal Aronson won over franchisees to build a $54 billion fast-food juggernaut with brands like Arby's, Dunkin', and Buffalo Wild Wings. Franchisees trust in the owners rose dramatically. Nov 2009 - Dec 202213 years 2 months. 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 . Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. 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. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. Thats key. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. 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. They did some digging, and went straight to the source: Arby's Quality Assurance. In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. 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. An arm of Atlanta-based Roark Capital Group plans to buy ServiceMaster Brands for $1.55 billion within 30 to 60 days. 1180 Peachtree Street NE This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Our goal is to be the preferred capital source for private equity solutions by earning the respect of everyone we interact with. 37th Floor NEW YORK OFFICE The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans. The firm also provides the capital for operators to reach their goals. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. As the Atlanta-based private equity firm that owns Massage Envy, Roark Capital Group published a plan in 2017 to address the . Inspire Brands is majority-owned by affiliates of Roark Capital Group. READ MORE, Roark was named after Howard Roark, the protagonist in Ayn Rand's book The Fountainhead. Although CKE has debtthe company refinanced $1 billion last yearAronson says its very manageable. In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. 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. Cinnabon and some franchising rights for Seattles Best Coffee were then acquired in 2004. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. Roark managing partner Neal Aronson will retain control of a 4.6% stake. Romaniello and Hill say Arbys had started to turn around when Roark made the acquisition, but Aronson is more blunt in his assessment of the company, which was part of the Wendys/Arbys Group, led by investor Nelson Peltzs Triarc Co. Arbys was a messin menu, speed of service, cleanliness, physical box, focus, relationships, strategy, marketing, he says, ticking off the woes. Roark Capital Group. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. New York, NY 10022 Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Responsibilities. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. If its franchising, it better be great unit-level economics, or a franchisee would never get involved in it.. [18], Inspire Brands announced that it was buying Jimmy John's on September 25, 2019. Youll see us sell some companies over time, and youll see us take some companies public. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. 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. Get todays need-to-know restaurant industry intelligence. 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. Web page addresses and e-mail addresses turn into links automatically. There was talent at Carvel that Cinnabon could benefit from, and talent at Cinnabon that Carvel could use.. Suite 2500 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. CHARLOTTE, N.C., March 30, 2016 /PRNewswire/ -- Driven Brands, a portfolio company of Roark Capital and the nation's leading automotive franchisor . I called Neal and said, What have you gotten me into? Romaniello says. The customer is an American company that is an affiliate of the American private equity firm Roark Capital Group which currently owns Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, and McAlister's Deli, Auntie Anne's, and Jamba brands. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. Content warning: This article covers allegations of sexual assault. Fax (404) 591-5201 The remaining 50,000 preferred Cheesecake shares will be converted to 2,448,381 common shares of the casual-dining company. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. 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. 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. "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. 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. They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE. The company is in growth mode, targeting eight to 10 new openings a year. Aronson will surrender 47,517 of the common shares to Cheesecake in exchange for $10.4 million in cash. 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. In the announcement, ServiceMaster says: "The transaction will position the . Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. They are like the Warren Buffett of restaurants.. 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. ATLANTA OFFICE Roark Capital Group owns other dining-out favorites, including Arby's, Auntie Anne's, Cinnabon, Carvel Ice Cream, Moe's Southwest Grill, and Wingstop. 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. When the company was sold in 2000, it had three brands and some 500 hotels in all 50 states and five countries. Morningstar Institutional Equity Research. 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. How a young private equity firm came to own 16 restaurant brands with $11 billion in systemwide sales. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. 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. Uniban is a leading network of glass repair and replacement service centers across North America. Since inception, affiliates of Roark have invested in 61 franchise/multi-unit brands which collectively generate $25 billion in annual system revenues from 28,000 locations in 50 states and 78 countries. Fax (404) 591-5201 Fax (404) 591-5201 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. "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.". Theyre very entrepreneurial., Besides, he says, theyre just plain good guys..

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