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. He follows what he believes.. Roark is an Atlantabased private equity firm with $33 billion in assets under management. None were restaurants. NEW YORK OFFICE Miscellaneous . It is part of Flynn Restaurant Group which also operates 441 . 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. For more information visit www.roarkcapital.com. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. Content warning: This article covers allegations of sexual assault. In the book, the character doesnt bow to conventional wisdom and is seen as an authentic innovator. Phone (212) 806-6000 It was founded by Jimmy John Liautaud in 1983 and is headquartered in Champaign, Illinois. They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE. 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 Capital | 12,241 followers on LinkedIn. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. The moves largely undo Roarks $200 million equity investment in Cheesecake back in April 2020, when the pandemic was just beginning. Jimmy John's is one of the largest sandwich chains in the US. Here's What It Said, Supporting New Restaurant Franchisees, By Experience Level, The Power of Transformation in the Restaurant World, Fast-Food Chains Turn Focus to Better In-App Experiences, How to Effectively Market a Restaurant Anniversary. CHARLOTTE, N.C., March 30, 2016 /PRNewswire/ -- Driven Brands, a portfolio company of Roark Capital and the nation's leading automotive franchisor . Stronger U is a digital, personalized nutrition-based health coaching services brand. The buyback more than doubled Roark's initial investment. At Roark, that patience is being tested with Arbys. Author has 4.2K answers and 3.1M answer views. Who owns roark capital group? 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 . Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. 1180 Peachtree Street NE About Roark Capital Group. To this day, Wingstop is still under the Roark Capital Group. He has conviction, passion, unbelievable honesty, openness, and hes loyal and trustworthy. [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. Inspire Brands and Roark Capital Group own Arby's. The two companies are the parent organizations of Arby's. Inspire Brands is an American holding company and the owner and franchiser of many food industry companies, such as Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Rusty Taco, and others. Our Core Values define who we are, what we do and how we do it. Phone (404) 591-5200 Our goal is to be the preferred capital source for private equity solutions by earning the respect of everyone we interact with. Baseball Academy. Maintaining Automated Tests in TAF for V1 platform for API testing That's because we've stayed true to our core beliefs, our approach to investing and our commitment to community. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Were growers, not cutters. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 . 1 Answer ANSWER Neal Aronson. Roarks other limited-service brands include Auntie Annes, Carvel Ice Cream, Cinnabon, Moes Southwest Grill, and Schlotzskysall of which are included under the Focus Brands umbrellaas well as Corner Bakery, McAlisters Deli, and Wingstop. In 1995, he helped launch U.S. Who is corner bakery owned by? 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. If you work your tail off and follow the rules, you can be successful. 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. October 01, 2020 09:01 AM Eastern Daylight Time . The deals became larger and more diversefast-casual, full-service, and quick-service restaurants, including some with company-owned units, not just franchisees. Suite 2500 Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. Mar 30, 2016, 11:48 ET. Take 5 CEO Marc Graham, who headed Take 5 Oil Change as CEO since 2013 and has more than 40 years of experience in the automotive aftermarket, will lead the Driven Brands Quick Lube division. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. Roark prides itself on being a trusted partner for management and business owners. 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. CARSTAR is the largest franchise network of automotive collision repair shops in North America. 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 . Roark Capital founder Neal Aronson has helped the firm grow to include several premier quick-service companies, including CKE and Arbys. He now owns the Gulfstream G-IV with registration . Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. (417) 334-3196. Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. 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 Capital Group Inc. operates as a private equity firm. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. 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. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. We look forward to partnering and helping accelerate their growth plans. He refuses to follow fads, trends, or popularity. [10][19] The deal closed on October 18, 2019. To help with Arbys, two industry prosJon Luther, Dunkin Brands chairman, and former Yorkshire Global Restaurants CEO Sid Feltensteinwere added as independent directors on Arbys board. At Roark, we believe the best way to create value is to form a close partnership with outstanding operating executives and a value-added Board of Directors. 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. 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 Denver company . Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. 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. Roark Capital Group, the owner of restaurant chain Arby's, plans to buy Buffalo Wild Wings for $2.4 billion. www.roarkcapital.com, Roark 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. Youll see us sell some companies over time, and youll see us take some companies public. In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. Arbys is the largest drive-thru sandwich chain in the United States. 37th Floor 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.. . 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. Baseball Academy. Theyre all different, and so I think weve gotten better at it, he says. ABRA is a leading network of franchised automotive collision repair shops. Founded in 1999, KE Camps is the leading operator of day camps for country clubs, [8] Inspire Brands is majority-owned by affiliates of Roark Capital Group. Will the Fast-Food Dining Room Live On After COVID? 403 Veterans Blvd. Lying on the carpet are two more frames, holding announcements for the latest purchases, Carls Jr. and Hardees, made last December in a deal valued at about $1.7 billion. Suite 2500 Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. 37th Floor 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. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. 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. Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. As a private equity company, we will need to, and will divest companies, Aronson says. Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. Naf Naf Grills website lists 39 locations in eight states, including Illinois, Indiana, Minnesota, New Jersey, Ohio, Pennsylvania, Tennessee and Wisconsin. Terms of . As of 2021, Wingstop makes a net income of about $42 million a year. Roark has acquired. 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. Merry Maids is a leading franchisor and provider of home cleaning services. Who owns capital music group? CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. 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. 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 . Later on, it was sold to the Roark Capital Group back in 2010. Roark focuses on middle market investment opportunities through family-owned business transfers, management and corporate buyouts . I called Neal and said, What have you gotten me into? Romaniello says. That is part of our obligation to our investors.. The boardroom at Roark Capital Groups 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. 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.. Uniban is a leading network of glass repair and replacement service centers across North America. 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. ICWG operates under the IMO banner in Europe and Asia-Pacific. serving 10,000+ campers per year. [14] In September 2018, Inspire had the 27-location R Taco reverted to the Rusty Taco name. Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. Finally, in 2015, the final answer to the previous question, who owned Wingstop? Roark also owns nearly a dozen non-eatery franchise businesses. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. The purchases were financed primarily through Roarks first private equity fund. 37th Floor 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. It takes time to build a really good company, to make it sustainable, and make the growth something thats long term.. 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. [24], Inspire received Franchise Times 2019 Dealmaker of the Year award for its acquisitions of Buffalo Wild Wings and Sonic Drive-In.[25]. Wingstop decided to go entirely public with an IPO (Initial Public Offering) of $19 for a share. New York, NY 10022 Roark Capital Acquires Fitness Connection. www.roarkcapital.com, Roark When typing in this field, a list of search results will appear and be automatically updated as you type. Take 5 Oil Change has a phenomenal brand, operating model, and team led by Marc. The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. refer to our 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 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. Few of Arbys issues were present at CKE, which was acquired from private equity firm Apollo Global Management. 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. It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says.
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