Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". 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. Most of Carvels resources had been diverted to its supermarket business, which angered franchisees. 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. Jul 22, 2013, 08:00 ET. Neal Aronson founded Roark Capital in . Roark Capital Group is an Atlanta-based private equity firm with more than $1.5 billion in equity capital under management. Founder & Chief Executive Officer. 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. Stronger U is a digital, personalized nutrition-based health coaching services brand. Roark Capital Group specializes in franchises in the food service, retail and consumer services industries. The company is in growth mode, targeting eight to 10 new openings a year. 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. With this acquisition, Driven Brands continues to expand its Quick Lube division, which also includes Pro Oil Change and Driven Florida Lubes. 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 . The private-equity firm helped turn around Arby's after buying a majority stake in 2011. It was the public. Roark Portfolio Employees Assistance Fund. Healthy Contributions (Self Esteem Brands), International Car Wash Group (Driven Brands), Seattle's Best International (FOCUS Brands), ServiceMaster Clean (ServiceMaster Brands), ServiceMaster Restore (ServiceMaster Brands), Streamline Brands (Youth Enrichment Brands), U.S. Description. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.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. 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. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. 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. In its 13 years in existence, Roark has sold only three companies. The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. Suite 2500 1-800 Radiator is the largest franchised automotive parts distributor in North America. 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. For more information, please visit www.roarkcapital.com. Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. Roark differs in many ways from other private equity companies. Merry Maids is a leading franchisor and provider of home cleaning services. 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 . ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. The purchase of the burger chains parent, CKE Inc., which has nearly 3,450 units around the world, is Roarks biggest deal yet, and it solidified the 13-year-old firms position as one of the worlds largest limited-service dining companies. Private equity often involves deals of dizzying size to buy companies your average consumer has never heard of. [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. If the series of financial moves are completed as expected on June 15, Roarks interest in Cheesecake will be reduced to 2.4 million shares of common stock, or 4.6% of total shares outstanding. 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. If its franchising, it better be great unit-level economics, or a franchisee would never get involved in it.. Wingstop decided to go entirely public with an IPO (Initial Public Offering) of $19 for a share. The brand was named a Nations Restaurant News Hot Concept in 2016. Founded in 1934, Carvel is the leading manufacturer of branded ice cream cakes in the United States and a top producer of premium soft-serve ice cream. ATLANTA, July 22, 2013 /PRNewswire/ -- Roark Capital Group, an Atlanta -based private equity firm, announced today that an affiliate had acquired 65 unit Miller's Ale House . 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. The New Jersey State Investment Council, which manages investments in seven public pension funds, committed up to $100 million to the private equity firms latest fund in 2012 after the agencys staff cited Roarks impressive track record and strong returns. The latest from Restaurant Business, sent straight to your inbox. Weve been so busy we just havent had the time to put these up yet, says Neal Aronson, Roarks founder and managing partner, smiling down at the frames. The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website. "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. Arbys is the largest drive-thru sandwich chain in the United States. 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. About Roark Capital Group. 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. 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 is an Atlanta-based private equity firm. 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. Members help make our journalism possible. Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. 540 Madison Ave The fast . The transaction will apparently not cost Paul Ginsberg, Roark Capitals president, his seat on Cheesecakes board. For more information, visit www.DrivenBrands.com. 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. www.roarkcapital.com. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. Roark has acquired. No, Sonic is owned by Sega, who debuted the character in "Sonic The Hedgehog" for their Genesis console in 1991. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. Aronson began his career in investment banking and private equity in New York, working for several firms, including hedge fund Odyssey Partners. We want to partner with entrepreneurs and executives who share this vision. 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. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Please 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. ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. Few of Arbys issues were present at CKE, which was acquired from private equity firm Apollo Global Management. 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. 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. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 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. NEW YORK OFFICE Under the terms of the transaction, affiliates of Roark Capital Group will pay $157 a share for Buffalo Wild Wings, just a few dollars more than the $150 price that the company traded at on the . 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. 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. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. Aronson launched the firm in 2001 and named it for Howard Roark, the protagonist architect in Ayn Rands novel, The Fountainhead. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. Franchise Systems, an Atlanta-based hotel franchisor that began with one brand and 22 hotels in nine states. Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark portfolio company, Youth Enrichment Brands, acquires i9 Sports. 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. RB American is the largest Arby's franchisee, operating 370 restaurants across 9 states. Luther is Arbys chairman. We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. Win whats next. Jimmy John's is one of the largest sandwich chains in the US. Responsibilities. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. Roark Capital Group owns other dining-out favorites, including Arby's, Auntie Anne's, Cinnabon, Carvel Ice Cream, Moe's Southwest Grill, and Wingstop. 11.16.21 ROARK INVESTMENT Roark Capital Acquires Mathnasium READ MORE . AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. We look forward to partnering and helping accelerate their growth plans. ABRA is a leading network of franchised automotive collision repair shops. . Founded in 1965, ICWG is the world's largest conveyor car wash company currently operating in 14 countries around the globe, washing more than 35 million cars every year through a network of more than 900 locations. See our history. 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. Roark Capital Acquires ServiceMaster Brands. Jimmy John's is one of the largest sandwich chains in the US. Roark prides itself on partnering with entrepreneurs and executives who share this vision of growth and success across all stakeholders. Wingstop has a total market capitalization of a gigantic $4.73 billion! They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE. 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. 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.. Founded in 2006, Streamline Brands is a leading franchisor and