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When typing in this field, a list of search results will appear and be automatically updated as you type. Roark Capital Group is an Atlanta-based private equity firm with more than $1.5 billion in equity capital under management. 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. 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. Who owns roark capital group? All of those characteristics have helped turn Roark into one of the biggest influencers in the quick-service industry. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. Roark Capital founder Neal Aronson has helped the firm grow to include several premier quick-service companies, including CKE and Arbys. Visit Website. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. 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. www.roarkcapital.com, Roark That is part of our obligation to our investors.. Im not sure Id call ourselves experts at this point, but we certainly have a lot of years of study, learning about the industry and through our experiences.. from 8 AM - 9 PM ET. Roark Capital Group. The purchases were financed primarily through Roarks first private equity fund. 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. "Arby's Restaurant Group" redirects here. privacy policy or contact By the end of the first year under Roark leadership, 21 new menu items were added. Similar Questions. Branson, MO 65616-2060. There were four CEOs in six years, a problem Aronson blames on previous ownership. Roarks strategy is to focus on a few industries and dive deeply into them, gaining knowledge and insight that is important to make acquisitions and providing expertise to its operating company managers, who typically hold an equity stake. Founded in 1988, U.S. At Roark, that patience is being tested with Arbys. 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. Roark Capital | 12,241 followers on LinkedIn. Bill Derwin, CEO of ICWG, said, "Roark brings a deep understanding of the consumer and an operational expertise that complements our business. ATLANTA OFFICE Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Miller's appears to be in good hands with its current owners. The moves largely undo Roarks $200 million equity investment in Cheesecake back in April 2020, when the pandemic was just beginning. 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. The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. In the book, the character doesnt bow to conventional wisdom and is seen as an authentic innovator. 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. Some investors, including university endowments and investment managers, have invested in all three, a sign of Roarks performance. [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. 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. [9] On August 28, 2018, Georgia Governor Nathan Deal announced that Inspire was moving its headquarters to Sandy Springs, Georgia in 2019. We want to partner with entrepreneurs and executives who share this vision. In 1995, he helped launch U.S. Founded in 1999, KE Camps is the leading operator of day camps for country clubs,
CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. No, Sonic is owned by Sega, who debuted the character in "Sonic The Hedgehog" for their Genesis console in 1991. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. We like growth, and were looking to invest in growth.. The remaining 50,000 preferred Cheesecake shares will be converted to 2,448,381 common shares of the casual-dining company. 540 Madison Ave International House of Pancakes, LLC is a wholly-owned subsidiary of Dine Brands Global (NYSE: DIN). 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. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. 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. [17] The acquisition was completed on December 7, 2018. We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. Maintaining Automated Tests in TAF for V1 platform for API testing With this acquisition, Driven Brands continues to expand its Quick Lube division, which also includes Pro Oil Change and Driven Florida Lubes. The franchisees hated the company, says Romaniello, now a Roark managing partner. 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. Roark Capital Group serves customers in the United States. Take 5 Oil Change has a phenomenal brand, operating model, and team led by Marc. Phone (212) 806-6000 For 91 years, we've been helping people take control of their financial futures. Ron Ruggless | Oct 29, 2020. Howard Roarks characteristics led to Roark Capitals 12 core values, including commitment, integrity, collaboration, and accountability. I called Neal and said, What have you gotten me into? Romaniello says. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. 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. 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. 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. regarding PitchBook Data's products. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Phone (404) 591-5200 Driven Brands is the largest automotive services company in North America. Was decided. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Who is corner bakery owned by? Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. 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 . Content warning: This article covers allegations of sexual assault. . 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. Jimmy John's is one of the largest sandwich chains in the US. www.roarkcapital.com. Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. Who owns Miller's Ale House? 1-800 Radiator is the largest franchised automotive parts distributor in North America. 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. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. ABRA is a leading network of franchised automotive collision repair shops. It was the public. Phone (404) 591-5200 Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. 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. 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.. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. 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.