who owns roark capital group

Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. It was the public. Roark is now one of the largest holding companies in foodservice, with brands ranging from Auntie Annes to Sonic, Jimmy Johns, Arbys, Moes Southwest Grill, Schlotzskys, Carvel, 50% of Culvers, Millers Ale House and Rusty Taco. No, Sonic is owned by Sega, who debuted the character in "Sonic The Hedgehog" for their Genesis console in 1991. 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 differs in many ways from other private equity companies. Atlanta-based private-equity Roark Capital Group invested in the concept in 2015. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Miscellaneous . "Take 5 Oil Change is an ideal addition to our portfolio of brands. Finally, in 2015, the final answer to the previous question, who owned Wingstop? 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 . Lines and paragraphs break automatically. 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. Driven Brands is the largest automotive services company in North America. We like growth, and were looking to invest in growth.. The securities filing states that Aronson will have the discretion to manage the shares as he sees fit. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. For 91 years, we've been helping people take control of their financial futures. You can unsubscribe at any time by clicking on the unsubscribe link at the bottom of our emails. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. 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. So far, it seems the risk is paying off. Roark Capital Group acquired Corner Bakery in 2011 from Il Fornaio Corporation. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. The stake will be controlled by Roark founder and managing partner Neal Aronson, according to securities documents filed Monday. Arbys is the largest drive-thru sandwich chain in the United States. I called Neal and said, What have you gotten me into? Romaniello says. serving 10,000+ campers per year. Roark Capital Acquires ServiceMaster Brands. The firm has $3 billion in capital under management, raised through three successively larger private-equity funds. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. 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 . With the acquisition of ICWG, affiliates of Roark have acquired 61 multi-unit brands which combined generate annual system revenues of approximately $25 billion from 28,000 locations in 50 states and 78 countries. Roark owns a huge stable of franchised restaurant brands through its two main holdings, Focus Brands and Inspire Brands. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. It is part of Flynn Restaurant Group which also operates 441 . A massive private equity firm, Atlanta-based Roark owns varied franchise brands including Anytime Fitness and Massage Envy, along with Inspire Brands and Focus . 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. Driven Brands is the largest automotive services company in North America. ATLANTA & MEMPHIS, TENN. (BUSINESS WIRE) Roark Capital, an Atlanta-based private equity firm focused on investing in franchised and multi-location businesses, announced today that its affiliate has acquired ServiceMaster Brands.ServiceMaster Brands, one of the nation's leading providers of residential and commercial restoration and cleaning services, operates a network of over 1,850 . What are the characteristics of that concept? Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. [17] The acquisition was completed on December 7, 2018. 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 Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Cheesecake only franchises abroad, and on a limited basis, and it is positioned squarely in the upper echelon of casual dining. www.roarkcapital.com. 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 transaction will apparently not cost Paul Ginsberg, Roark Capitals president, his seat on Cheesecakes board. Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. In 2016, Liautaud sold an estimated 65% of the business to Inspire's parent company, the Atlanta-based private equity firm Roark Capital, in a deal that valued Jimmy John's at around $3 . At Roark, that patience is being tested with Arbys. 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. Founded in 1988, U.S. 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. 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. 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. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Uniban is a leading network of glass repair and replacement service centers across North America. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. . ABRA is a leading network of franchised automotive collision repair shops. In addition to the franchise brands it owns, the Italian company also designs, makes and distributes fashion, luxury and sports eyewear under almost 20 brand names such as Ray-Ban . Phone (212) 806-6000 Nov 2009 - Dec 202213 years 2 months. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark 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. Fax (404) 591-5201 Arby's restaurant owner Roark Capital Group will buy Buffalo Wild Wings for $2.4 billion, months after an activist investor won seats on the chicken wing restaurant's board following a proxy . Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. To this day, Wingstop is still under the Roark Capital Group. Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc <BWLD.O> for $2.4 billion, . Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. [14] In September 2018, Inspire had the 27-location R Taco reverted to the Rusty Taco name. All of those characteristics have helped turn Roark into one of the biggest influencers in the quick-service industry. Web page addresses and e-mail addresses turn into links automatically. Thats key. Join the more than 1.5 million industry professionals who get our daily newsletter! 540 Madison Ave 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 firms first acquisition was Carvel in 2001 for $26 million. 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. Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. Take 5 Oil Change has a phenomenal brand, operating model, and team led by Marc. 1180 Peachtree Street NE Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. 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. 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.