Is Arby's Roast Beef real or processed meat? Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. "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. 11.16.21 ROARK INVESTMENT Roark Capital Acquires Mathnasium READ MORE . B-Dubs might be going private. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. 1180 Peachtree Street NE Merry Maids is a leading franchisor and provider of home cleaning services. Roark Capital | 12,241 followers on LinkedIn. 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. That step will leave him with 2.4 million shares. How are the unit-level economics? Suite 2500 Visit Website. Fax (404) 591-5201 operator of swim schools for children of all ages, serving over 150,000 swimmers per year. Primrose Schools is a leading franchisor of pre-K schools providing high quality educational programs for children 6 weeks to 5 years old and after-school learning programs for 6 to 12 year olds. Sign up here. Neal Aronson founded Roark Capital in . 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. 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. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. www.roarkcapital.com, Roark Pet Valu is Canada's leading small-format specialty retailer of pet food and supplies, providing a wide selection of high quality pet products, together with friendly customer service and convenient store locations. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 Join the more than 1.5 million industry professionals who get our daily newsletter! Roark also owns nearly a dozen non-eatery franchise businesses. Roark Capital is an Atlanta-based private equity firm. CARSTAR is the largest franchise network of automotive collision repair shops in North America. . 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. Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. We look forward to partnering and helping accelerate their growth plans. Roark Capital Group. At Roark, that patience is being tested with Arbys. Later on, it was sold to the Roark Capital Group back in 2010. The acquisitions are a team effort, Hill says, relying on Roarks operational, financial, and other resources. Driven Brands Holdings Inc, one of the largest U.S. auto services franchisers, is looking to raise as much as $760 million . They have perfected their processes and deliver industry leading customer service. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. 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. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. 540 Madison Ave Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. 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. The securities filing states that Aronson will have the discretion to manage the shares as he sees fit. Morningstar Institutional Equity Research. 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. Number 8860726. Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. RB American is the largest Arby's franchisee, operating 370 restaurants across 9 states. You can unsubscribe at any time by clicking on the unsubscribe link at the bottom of our emails. New York, NY 10022 Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. The deal shocked an industry already stunned by the unprecedented market changes they were seeing as coronavirus shut down much of the nation. There were four CEOs in six years, a problem Aronson blames on previous ownership. If you work your tail off and follow the rules, you can be successful. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. The deal specifies that Ginsberg and Aronson are locked up for 60 days from trying to amass a controlling interest in Cheesecake. www.roarkcapital.com, Roark Portfolio Employees Assistance Fund. He refuses to follow fads, trends, or popularity. 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. . Our portfolio companies span multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities. Roark Capital Group , an Atlanta-based private equity firm, acquired Miller's Ale House, a growing casual dining restaurant chain, from owners Jack Miller, KarpReilly and SKM Equity Fund III. We look first at the brand and the company, he says. Stronger U is a digital, personalized nutrition-based health coaching services brand. Primrose Schools is a leading franchisor of pre-K schools providing high quality educational programs for children 6 weeks to 5 years old and after-school learning programs for 6 to 12 year olds. Not knowing what to expect during the impending crisis, most restaurant companies scrambled to maximize their liquidity, fearful theyd have insufficient cash on hand to sustain operations as dining rooms were ordered to close and sales fell to a trickle. New York, NY 10022 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. Wingstop has a total market capitalization of a gigantic $4.73 billion! See Neal K Aronson's compensation, career history, education, & memberships. 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. When the company was sold in 2000, it had three brands and some 500 hotels in all 50 states and five countries. 540 Madison Ave Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Focus added Schlotzskys in 2006, Moes Southwest Grill in 2007, and Auntie Annes in 2010. 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. October 01, 2020 09:01 AM Eastern Daylight Time . Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. Aronson launched the firm in 2001 and named it for Howard Roark, the protagonist architect in Ayn Rands novel, The Fountainhead. Who is corner bakery owned by? 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 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. 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The transaction will apparently not cost Paul Ginsberg, Roark Capitals president, his seat on Cheesecakes board. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. It takes time to build a really good company, to make it sustainable, and make the growth something thats long term.. www.roarkcapital.com. 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. Cheesecake only franchises abroad, and on a limited basis, and it is positioned squarely in the upper echelon of casual dining. Aronson began his career in investment banking and private equity in New York, working for several firms, including hedge fund Odyssey Partners. [9] On August 28, 2018, Georgia Governor Nathan Deal announced that Inspire was moving its headquarters to Sandy Springs, Georgia in 2019. You don't drive past their logos every time you leave the house. Roark has acquired. Founded in 1999, KE Camps is the leading operator of day camps for country clubs, Roark Capital Group serves customers in the United States. [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. When I talked to Jack, he yelled at me and shamed me into starting Roark, Aronson says. It is part of Flynn Restaurant Group which also operates 441 . Phone (212) 806-6000 ABRA is a leading network of franchised automotive collision repair shops. Thats key. I called Neal and said, What have you gotten me into? Romaniello says. Were growers, not cutters. In its 13 years in existence, Roark has sold only three companies. 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. We learn a lot from every company we evaluate, and then as we work with the companies., Making an acquisition is just the ticket to play, he adds. Wendy's owns about 18.5 percent of Arby's, with their stake valued at around $325.9 . Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. 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. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. Driven Brands is the largest automotive services company in North America. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. Theyre very entrepreneurial., Besides, he says, theyre just plain good guys.. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. 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. 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. privacy policy or contact 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. 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. 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. Article continues below . serving 10,000+ campers per year. The firm also provides the capital for operators to reach their goals. 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. ABRA is a leading network of franchised automotive collision repair shops. 37th Floor Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. Lines and paragraphs break automatically. Founded in 2001, Roark Capital Group is a private equity firm based in Atlanta, Georgia. Who owns roark capital group? The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website. Bill Derwin, CEO of ICWG, said, "Roark brings a deep understanding of the consumer and an operational expertise that complements our business. GROUP. We then focus our time on what are those three or four key strategic initiatives for that business., Nash, who died in 2008, passed on several lessons to Aronson, one of the biggest being that the best investments require great patience. Roark differs in many ways from other private equity companies. He is my all-time favorite character in any book, Aronson says. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. Founded in 1999, KE Camps is the leading operator of day camps for country clubs, 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. 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 . So far, it seems the risk is paying off. Pet Valu is Canada's leading small-format specialty retailer of pet food and supplies, providing a wide selection of high quality pet products, together with friendly customer service and convenient store locations. Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. Media ContactBrandi Neloms, Sr. Communications Manager[emailprotected] 704-644-8151, Cision Distribution 888-776-0942 Franchisees trust in the owners rose dramatically. [23], On December 19, 2022, Inspire Brands announced that it had sold Rusty Taco to Gala Capital Partners, owner of Cicis Pizza, Dunn Brothers Coffee, and Mooyah. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. [17] The acquisition was completed on December 7, 2018. They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE. 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. 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 ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. Founded in 1972, Meineke is an automotive aftermarket industry pioneer and leading provider of repair and maintenance services. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Roark Capital Group Affiliates. 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. The company is in growth mode, targeting eight to 10 new openings a year. There was talent at Carvel that Cinnabon could benefit from, and talent at Cinnabon that Carvel could use.. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. Aronson will surrender 47,517 of the common shares to Cheesecake in exchange for $10.4 million in cash. Phone (404) 591-5200 Similar Questions. He now owns the Gulfstream G-IV with registration . He has conviction, passion, unbelievable honesty, openness, and hes loyal and trustworthy. 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.. None were restaurants. Get todays need-to-know restaurant industry intelligence. Arbys is the largest drive-thru sandwich chain in the United States. Founder & Chief Executive Officer. 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 . 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. 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. "Arby's Restaurant Group" redirects here. 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. 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. In October 2020, Pandya Restaurant Growth Brands, part of Rohan Group of Cos., owned by real estate investor and restaurant operator Jignesh Pandya of Newtown, Pennsylvania, acquired Corner Bakery . ATLANTA OFFICE Ron Ruggless | Oct 29, 2020. . Founded in 2006, Streamline Brands is a leading franchisor and Phone (212) 806-6000 In the book, the character doesnt bow to conventional wisdom and is seen as an authentic innovator. Wingstop decided to go entirely public with an IPO (Initial Public Offering) of $19 for a share. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Email this Business. Romaniello became the operating partner, and Hill was added as vice president of franchising and foodservice. | Roark is an Atlantabased private equity firm with $35 billion in assets under management. Private-equity firm Roark Capital Group, which owns Atkins, is gearing up to seek a buyer for the low-carbohydrate-diet pioneer, according to people familiar with the matter. Baseball Academy. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. 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.. The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. When typing in this field, a list of search results will appear and be automatically updated as you type. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. Roark Capital Group specializes in franchises in the food service, retail and consumer services industries.
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