GROUP. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Roark Capital Group owns other dining-out favorites, including Arby's, Auntie Anne's, Cinnabon, Carvel Ice Cream, Moe's Southwest Grill, and Wingstop. As of Dec 2022, the chains that the company owns and/or operates include: On this Wikipedia the language links are at the top of the page across from the article title. Roark is an Atlantabased private equity firm with $33 billion in assets under management. Arbys same-store sales rose 2.8 percent last year and have grown every quarter since Roark acquired the chain. Howard Roarks characteristics led to Roark Capitals 12 core values, including commitment, integrity, collaboration, and accountability. New York, NY 10022 Texas-based Corner Bakery Caf files for Chapter 11 bankruptcy 1180 Peachtree Street NE 540 Madison Ave Merry Maids is a leading franchisor and provider of home cleaning services. The buyback more than doubled Roark's initial investment. Who owns the most Arby's franchises? 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. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. Roark Capital Group acquires Jim 'N Nick's Bar-B-Q Cheesecake only franchises abroad, and on a limited basis, and it is positioned squarely in the upper echelon of casual dining. 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 . [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Buffalo Wild Wings Takes Flight On Buyout Offer Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. When Darden sold Red Lobster in 2014, it was to Golden Gate Capital, who also owned Romano's Macaroni Grill from 2008 to 2013. 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 . Roark Capital Group acquired Corner Bakery in 2011 from Il Fornaio Corporation. 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. Quick Answer: Does Corner Bakery have bagels? - De Kooktips - Homepage Who is corner bakery owned by? 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. ATLANTA OFFICE READ MORE, Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. 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. In its 13 years in existence, Roark has sold only three companies. 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. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. Arby's owner Roark gobbles up Buffalo Wild Wings for $2.4 billion Miscellaneous . Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. 540 Madison Ave We want to partner with entrepreneurs and executives who share this vision. Responsibilities. They keep their companies autonomous, but they understand how to control costs and focus on getting the profit margins up.. The deal shocked an industry already stunned by the unprecedented market changes they were seeing as coronavirus shut down much of the nation. Our business services investments have included Divisions Maintenance Group, Driven Brands,ServiceMaster Brands, Installation Made Easy, and previously Solterra Recycling Solutions, Batteries Plus Bulbs, CyberCore, FASTSIGNS, Money Mailer, Peachtree Business Products, PSC, Quala, Waste Pro, and GFL Environmental. Members help make our journalism possible. The Chicago-based company did not disclose terms of the deal or the identity of the investor group. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. Roark Capital Group Investor Profile: Portfolio & Exits | PitchBook Email this Business. It now owns three of the 25 biggest quick-service restaurant chainsit acquired a majority stake in Arbys three years agoand oversees a 16-brand dining empire with some $11 billion in systemwide sales and nearly 12,100 units employing some 300,000 people. As of 2021, Wingstop makes a net income of about $42 million a year. Buffalo Wild Wings' Owner Has Diverse Empire - Business Insider 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. Were just not big believers in shortcuts, Aronson says. Number 8860726. 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. Founded in Germany in 1965, the Company has solidified its position as the international market leader, developing an extensive network of more than 750 car wash locations across Europe and more than 100 car wash locations in the U.S. ICWG's focus on express-service style operations appeals to a broad base of consumers seeking a quick and high quality wash at an affordable price. He follows what he believes.. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. It was the public. 1-800 Radiator is the largest franchised automotive parts distributor in North America. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. (417) 334-3196. Roark :: About Roark - Roark Capital Group CARSTAR is the largest franchise network of automotive collision repair shops in North America. Roark Capital Group - Crunchbase Investor Profile & Investments This outlook helps makes Roark successful, says Lex Lane, Wingstop franchisee and vice president and business development officer at United Capital Business Lending in suburban Baltimore. Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark Portfolio Employees Assistance Fund. Who is the CEO of Sonic? Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Here's what Roark is offering, and what this means for the company, its shareholders and the struggling restaurant industry. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. 2023 PitchBook. Naf Naf Grill, investor group buy out Roark ownership Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. Youll see us sell some companies over time, and youll see us take some companies public. Roark Capital Acquires ServiceMaster Brands. Here's why Arby's acquisition of Buffalo Wild Wings is good news for 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 . Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. The fast . NEW YORK OFFICE 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. Roark :: Current Investments - Roark Capital Group 10 Companies That Own Your Favorite Chain Restaurants - The Daily Meal Cheesecake Factory buys most of Roark's stake for $457M Neal K Aronson is Managing Partner/Founder at Roark Capital Group. Following Roark Capital Group's acquisition of Arby's in 2011, Okeson remained with Arby's as General Counsel while assuming additional senior management responsibilities. Article continues below . It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says. Jimmy John's is one of the largest sandwich chains in the US. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . About Us | Capital Group Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. 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. Uniban is a leading network of glass repair and replacement service centers across North America. . Roark Capital-owned Driven Brands targets over $3 bln - Nasdaq In the announcement, ServiceMaster says: "The transaction will position the . Media ContactBrandi Neloms, Sr. Communications Manager[emailprotected] 704-644-8151, Cision Distribution 888-776-0942 Phone (212) 806-6000 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. Visit Website. Arbys is the largest drive-thru sandwich chain in the United States. [18], Inspire Brands announced that it was buying Jimmy John's on September 25, 2019. [21][22] The acquisition was completed on December 15, 2020. Is Arby's Roast Beef real or processed meat? Jimmy John's is one of the largest sandwich chains in the US. Miller's appears to be in good hands with its current owners. Driven Brands manages a family of automotive companies including Maaco, Meineke Car Care Centers, CARSTAR North America, 1-800 Radiator & A/C, which collectively generate annual system revenues of more than $2.1 billion. [24], Inspire received Franchise Times 2019 Dealmaker of the Year award for its acquisitions of Buffalo Wild Wings and Sonic Drive-In.[25]. 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. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Our team will review your remarks prior to publishing. "Arby's Restaurant Group" redirects here. HOME Naf Naf Grill, the fast-casual Middle Eastern concept, and an investor group have acquired the entire minority ownership in the company previously held by affiliates of Roark Capital Group, the . Roark Capital Group General Information. For more information, please visit www.roarkcapital.com. 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. 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. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. Please Did inspire brands buy jimmy johns? Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. CHARLES WEST Net Worth $400 Million House Yacht Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. Cheesecake opted to trade 200,000 shares of preferred stock to Roark for $200 million. Buffalo Wild Wings is sold to owner of Arby's, Jimmy John'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. Bill Derwin, CEO of ICWG, said, "Roark brings a deep understanding of the consumer and an operational expertise that complements our business. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. Uniban is a leading network of glass repair and replacement service centers across North America. 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. Latest Addition to Driven Brands Strengthens Leadership Position in Automotive Aftermarket Services Industry. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. 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. 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. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com Roark Capital Group acquired 81.5% of Arby's Restaurant Group in July 2011 and is now a majority-owner of Inspire Brands. The private-equity firm helped turn around Arby's after buying a majority stake in 2011. U.S. Roark Capital Group is an American private equity firm with over $33 billion in assets under management. They did some digging, and went straight to the source: Arby's Quality Assurance. Baseball Academy. Inspire Brands - Wikipedia All of those characteristics have helped turn Roark into one of the biggest influencers in the quick-service industry. A massive private equity firm, Atlanta-based Roark owns varied franchise brands including Anytime Fitness and Massage Envy, along with Inspire Brands and Focus . 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. Arbys is the largest drive-thru sandwich chain in the United States. "We are excited to partner with Roark, an experienced investor in growing multi-unit businesses, to help us accelerate ICWG's growth," said Mike Smith, Executive Chairman of ICWG. www.roarkcapital.com. Roark has a history of creating jobs, providing opportunities, and helping people and companies realize their potential. 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 still owns 35%. 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. For 91 years, we've been helping people take control of their financial futures. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. Working At Arby's: Employee Reviews And Culture - Zippia Nov 2009 - Dec 202213 years 2 months. 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. Atkins Nutritionals Up For Sale - WSJ Although CKE has debtthe company refinanced $1 billion last yearAronson says its very manageable. As chief financial officer at U.S. READ MORE, Invest in Good is Roarks multi-faceted commitment to long-term social impact initiatives. "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. . Naf Naf Grill, the fast-casual Middle Eastern concept, and an investor group have acquired the entire minority ownership in the company previously held by affiliates of Roark Capital Group, the company said Wednesday. 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. Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. 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.. Fax (212) 518-2028 Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Franchise Systems, an Atlanta-based hotel franchisor that began with one brand and 22 hotels in nine states. 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. 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 ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Founded in 1972, Meineke is an automotive aftermarket industry pioneer and leading provider of repair and maintenance services. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. 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. 1180 Peachtree Street NE Roark also owns nearly a dozen non-eatery franchise businesses. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. There were four CEOs in six years, a problem Aronson blames on previous ownership. Baskin-Robbins, the worlds largest chain of ice cream specialty shops, is known for its variety of 31 flavors of ice cream, along with their creative ice cream cakes, milkshakes, and ice cream sundaes. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com 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. ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. There was talent at Carvel that Cinnabon could benefit from, and talent at Cinnabon that Carvel could use.. Lines and paragraphs break automatically. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. 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: . www.roarkcapital.com. Roark Capital Acquires Fitness Connection. When typing in this field, a list of search results will appear and be automatically updated as you type. Roark Capital Acquires ServiceMaster Brands | ServiceMaster Who Owns Wingstop? How It Started - Under30CEO Maintaining Automated Tests in TAF for V1 platform for API testing About Roark Capital GroupRoark focuses on consumer and business service companies with a specialization in franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Take 5 Oil Change represents the 5th acquisition for Driven Brands in the year since Roark Capital acquired the business, expanding the collective brands' footprint to more than 2,000 locations in the U.S. About Driven BrandsDriven Brands, headquartered in Charlotte, NC, is the parent company of North America's leading automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers and Merlin 200,000 Mile Shops; Paint & Collision, housing Maaco, CARSTAR North America and Drive N Style; Distribution, housing 1-800-Radiator & A/C; and Quick Lube, housing Pro Oil Change, Econo Lube N' Tune, Driven Florida Lubes and Take 5 Oil Change. Cinnabon and some franchising rights for Seattles Best Coffee were then acquired in 2004. 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. Jimmy John's and Rusty Taco parent company has completed its acquisition of Dunkin' Brands Group for $11.3 billion (or . . Roark Portfolio Employees Assistance Fund. Franchise Systems, Aronson interacted regularly with two other executives, Steven Romaniello and Geoff Hill, who would later fill important operating and managing roles at Focus Brands and Roark. The Untold Truth Of Miller's Ale House - Mashed.com . 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. 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. from 8 AM - 9 PM ET. Thats key. Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. Morningstar Institutional Equity Research. www.roarkcapital.com, Roark Theyre all different, and so I think weve gotten better at it, he says. Their total assets, however, are around $250 million. Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. Still, Arbys core attributes lined up for Roark, including the brand differentiation, great history, a large and loyal customer base, good locations, and upside potential. 540 Madison Ave 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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