Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows. Founded in 1988, U.S. We look forward to partnering and helping accelerate their growth plans. Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. 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 want CKE to reach their potential, just like all of Roarks other brands, he says. The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. Atlanta-based private-equity Roark Capital Group invested in the concept in 2015. 37th Floor 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 . Aronson began his career in investment banking and private equity in New York, working for several firms, including hedge fund Odyssey Partners. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. 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. 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. 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. By the end of the first year under Roark leadership, 21 new menu items were added. It was founded by Jimmy John Liautaud in 1983 and is headquartered in Champaign, Illinois. Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. Atlanta, Georgia 30309 Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. Fax (404) 591-5201 Roark managing partner Neal Aronson will retain control of a 4.6% stake. HOME Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. 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. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. 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. privacy policy or contact Roark focuses on investments in consumer and business service companies, with a specialization in franchise and franchise-like business models. Arbys same-store sales rose 2.8 percent last year and have grown every quarter since Roark acquired the chain. Number 8860726. Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark 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. ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . Was decided. Roark Portfolio Employees Assistance Fund. 1 Answer ANSWER Neal Aronson. Its holdings in the restaurant industry include investments in Arby's, Corner Bakery, Jimmy John's, Wingstop and FOCUS Brands, which owns chains such as Cinnabon and Schlotzsky's. Roark has acquired. | Roark is an Atlantabased private equity firm with $35 billion in assets under management. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Envysion is a loss prevention platform designed to protect businesses, brands, Since 2015, Scena has provided as-built digital twin services to restaurants for, Full-service communications and PR agency specializing in the Restaurant and, Refreshed Branding Boosts Mendocino Farms' Growth Plans, Patrick Doyle Brings His Turnaround Magic to Burger King, Free to Qualified Restaurant Professionals, Dave's Hot Chicken Announces Partnership with Movie Franchise, Scream, Slutty Vegan Sets Opening Date for Second NYC Location, Jet's Pizza to Give Away Year's Worth of Ranch, Biscuitville Establishes Special Fund to Assist Employees with Financial Hardships. Members help make our journalism possible. Roark Capital Acquires Fitness Connection. 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. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. 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. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 . In 2002, Massage Envy created a completely new category in the wellness industry and remains the industry leader in providing professional and affordable services that promote well-being through total body care. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. Who owns capital music group? Nov 2009 - Dec 202213 years 2 months. Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. To this day, Wingstop is still under the Roark Capital Group. The stake will be controlled by Roark founder and managing partner Neal Aronson, according to securities documents filed Monday. Is Arby's Roast Beef real or processed meat? The deal shocked an industry already stunned by the unprecedented market changes they were seeing as coronavirus shut down much of the nation. [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. Atlanta, Georgia 30309 Phone (212) 806-6000 The deals became larger and more diversefast-casual, full-service, and quick-service restaurants, including some with company-owned units, not just franchisees. 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. Jimmy John's is one of the largest sandwich chains in the US. [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. 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. 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. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. 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 . In the book, the character doesnt bow to conventional wisdom and is seen as an authentic innovator. The Denver company . Following Roark Capital Group's acquisition of Arby's in 2011, Okeson remained with Arby's as General Counsel while assuming additional senior management responsibilities. Who owns Miller's Ale House? RB AMERICAN. Similar Questions. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. 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. Branson, MO 65616-2060. In its 13 years in existence, Roark has sold only three companies. The company, which was sold by Roark Capital Group to Pandya Restaurant Growth Brands in October 2020, has two locations in San Antonio, Texas. ATLANTA OFFICE When typing in this field, a list of search results will appear and be automatically updated as you type. Take 5 CEO Marc Graham, who headed Take 5 Oil Change as CEO since 2013 and has more than 40 years of experience in the automotive aftermarket, will lead the Driven Brands Quick Lube division. us for more details. . Uniban is a leading network of glass repair and replacement service centers across North America. 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 . ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. www.roarkcapital.com, Roark Roark Capital Group General Information. Roark Capital Group is an Atlanta-based private equity firm with more than $1.5 billion in equity capital under management. In 2006, Brinker sold the company ( but still owns Maggiano's ), and Corner Bakery Cafe began franchising a year later. 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. 1180 Peachtree Street NE 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. Romaniello and Hill moved to Roark in 2008 to help with acquisitions and operations. [11] Brown expected that Inspire would acquire additional chains in different segments. Founder & Chief Executive Officer. 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. Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. 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.
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