This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. You don't drive past their logos every time you leave the house. 540 Madison Ave Roark Capital Group finalized its deal to acquire Buffalo Wild Wings for $2.9 billion on February 5.
Roark Capital Acquires ServiceMaster Brands | Business Wire Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist.
Inspire Brands - Wikipedia The brand was named a Nations Restaurant News Hot Concept in 2016. 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. . Since inception, affiliates of Roark have acquired 105 franchise/multilocation brands which generate approximately $70 billion in system revenues from ~67,700 locations located in 50 states and 89 countries. Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . Get todays need-to-know restaurant industry intelligence. Since inception, affiliates of Roark Capital have acquired 52 franchise/multi-unit brands, which generate $20 billion in annual system revenues from 22,000 locations in 50 states and 75 countries. 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 . Private equity often involves deals of dizzying size to buy companies your average consumer has never heard of. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. Aronson will surrender 47,517 of the common shares to Cheesecake in exchange for $10.4 million in cash. (417) 334-3196. 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. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. He has conviction, passion, unbelievable honesty, openness, and hes loyal and trustworthy. Uniban is a leading network of glass repair and replacement service centers across North America. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. Driven Brands is the largest automotive services company in North America.
who owns ihop Official 2023 Atlanta, Georgia 30309 They are like the Warren Buffett of restaurants.. 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 buyback more than doubled Roark's initial investment. 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. The firm has $3 billion in capital under management, raised through three successively larger private-equity funds. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". 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 . Its pretty exciting to be part of helping people realize their dreams, Aronson says of franchising. "With this partnership, we have access to world-class technology, purchasing power, operational support and resources that will enable us to accelerate our growth and success.".
Roark Capital Group Acquires Miller's Ale House - PR Newswire Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. from 8 AM - 9 PM ET. Roark is an Atlantabased private equity firm with $33 billion in assets under management. It was the public. 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 the most Arby's franchises? Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. Arbys is the largest drive-thru sandwich chain in the United States. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. READ MORE, Roark was named after Howard Roark, the protagonist in Ayn Rand's book The Fountainhead. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. For 91 years, we've been helping people take control of their financial futures. 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.
What are zingers at miller's ale house? Explained by Sharing Culture 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.
Roark Capital Group - Crunchbase Investor Profile & Investments Nash had a tough exterior, but he was honest and off-the-chart smart, so he gave you great advice. He was also Roarks biggest early investor. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts.
Roark Capital Acquires ServiceMaster for $1.5 Billion Howard Roarks characteristics led to Roark Capitals 12 core values, including commitment, integrity, collaboration, and accountability. The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. 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. As a private equity company, we will need to, and will divest companies, Aronson says.
Who Owns Who in Franchising? Over 50 of the Most Popular Franchise We like growth, and were looking to invest in growth.. 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. Merry Maids is a leading franchisor and provider of home cleaning services. . Roark Capital Group specializes in franchises in the food service, retail and consumer services industries. Image Credit: IHOP - Legacy Capital Investment Group IHOP restaurants are franchised and operated by Glendale, California-based International House of Pancakes, LLC and its affiliates. Marcato, which owns a 6.4 percent stake in the wing chain, launched its campaign . 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.
Judd Kyle Shader - Founder & Executive Chairman - LinkedIn How are the unit-level economics? They have perfected their processes and deliver industry leading customer service. ", Ezra Field, Senior Managing Director and Chief Investment Officer at Roark, said, "ICWG's quick conveyor car wash model provides high-quality washes at an affordable price point that is attractive to today's consumers who demand convenience and value. . They did some digging, and went straight to the source: Arby's Quality Assurance. 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. Fax (212) 518-2028 We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. 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. The latest from Restaurant Business, sent straight to your inbox. ABRA is a leading network of franchised automotive collision repair shops. 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 . Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. The moves largely undo Roarks $200 million equity investment in Cheesecake back in April 2020, when the pandemic was just beginning.
Roark Capital | LinkedIn Phone (404) 591-5200 Cheesecake opted to trade 200,000 shares of preferred stock to Roark for $200 million. 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 OFFICE That's because we've stayed true to our core beliefs, our approach to investing and our commitment to community.
Roark Capital Group Profile: Totals OpenSecrets 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. Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. Franchisees trust in the owners rose dramatically. Nov 2009 - Dec 202213 years 2 months. [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. "Arby's Restaurant Group" redirects here. In 1995, he helped launch U.S. For more information visit www.roarkcapital.com. Lines and paragraphs break automatically.
Billionaire Founder Of Jimmy John's Sells His Remaining - Forbes Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. The fast . 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. 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. As the Atlanta-based private equity firm that owns Massage Envy, Roark Capital Group published a plan in 2017 to address the . We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. What company owns Jimmy Johns? Naf Naf Grill and an investor group bought out the minority ownership of Roark Capital. Latest Addition to Driven Brands Strengthens Leadership Position in Automotive Aftermarket Services Industry. 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. Wingstop has a total market capitalization of a gigantic $4.73 billion! Stronger U is a digital, personalized nutrition-based health coaching services brand. 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. We look first at the brand and the company, he says. Cheesecake opted to trade 200,000 shares of preferred stock to Roark for $200 million, Bojangles makes no bones about its future, Pollo Tropical starts the year off with more customers and better profits, For Wendy's, keeping pace with competitors is harder than it looks, Jack in the Box reaches a 'turning point' in its bid for growth, Chevys Fresh Mex owner adds 2 more brands to portfolio. serving 10,000+ campers per year. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. While the firm has not sold any of its restaurant companies yet, that time will come. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year.
Roark Capital Portfolio Company Driven Brands Acquires Take 5 Oil Change [18], Inspire Brands announced that it was buying Jimmy John's on September 25, 2019. Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc <BWLD.O> for $2.4 billion, . 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. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. READ MORE, Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark
Buffalo Wild Wings Takes Flight On Buyout Offer Their total assets, however, are around $250 million. Romaniello and Hill say Arbys had started to turn around when Roark made the acquisition, but Aronson is more blunt in his assessment of the company, which was part of the Wendys/Arbys Group, led by investor Nelson Peltzs Triarc Co. Arbys was a messin menu, speed of service, cleanliness, physical box, focus, relationships, strategy, marketing, he says, ticking off the woes. The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. 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. RB American is the largest Arby's franchisee, operating 370 restaurants across 9 states. Suite 2500 Started in Jupiter, FL in 1988 by husband and wife team Jack and Claire Miller, Miller's Ale House is a sports-themed full service restaurant that offers an extensive menu of freshly prepared food and top-quality drinks.
Roark :: About Roark - Roark Capital Group 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. Thats key.
EPAM Anywhere hiring Senior Automation Tester in Armenia | LinkedIn 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. ", Matt Kaelin, Managing Director at Roark, added, "We are looking forward to working with Mike Smith, Bill Derwin, and the rest of the management team to continue to build the business.". New York, NY 10022 The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring . Most of Carvels resources had been diverted to its supermarket business, which angered franchisees.
Buffalo Wild Wings' Owner Has Diverse Empire - Business Insider Cheesecake Factory buys most of Roark's stake for $457M That is part of our obligation to our investors.. A massive private equity firm, Atlanta-based Roark owns varied franchise brands including Anytime Fitness and Massage Envy, along with Inspire Brands and Focus . 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. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. If you work your tail off and follow the rules, you can be successful. Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. Miller's appears to be in good hands with its current owners. The securities filing states that Aronson will have the discretion to manage the shares as he sees fit. Suite 2500 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. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. 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 an Atlanta-based private equity firm with over $6 billion in equity capital.
10 Companies That Own Your Favorite Chain Restaurants - The Daily Meal Roark Capital Group General Information. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans.
Roark Capital Acquires Nothing Bundt Cakes | Business Wire It is part of Flynn Restaurant Group which also operates 441 . Founder & Chief Executive Officer. 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. See Neal K Aronson's compensation, career history, education, & memberships. 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. We are delighted to be a part of the Roark family. They understand franchising, and they know brands and understand branding. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Web page addresses and e-mail addresses turn into links automatically. Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 Finally, in 2015, the final answer to the previous question, who owned 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. 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. Roark Capital | 12,241 followers on LinkedIn. The firm also provides the capital for operators to reach their goals. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. For more information, please visit www.roarkcapital.com. 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: . 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. 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 . 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. The acquisitions are a team effort, Hill says, relying on Roarks operational, financial, and other resources. Later on, it was sold to the Roark Capital Group back 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. GROUP. Now that you know who owns Wingstop, it probably doesn't come as a surprise that the original owner, Antonio Swad had been in the restaurant business since . [20], Inspire Brands on October 25, 2020 announced that it was buying Dunkin' Brands for $11.3 billion. Fax (212) 518-2028 regarding PitchBook Data's products. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation.
Franchise Systems, an Atlanta-based hotel franchisor that began with one brand and 22 hotels in nine states. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. 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. "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.
Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. Driven Brands is the largest automotive services company in North America.