Roark :: About Roark - Roark Capital Group 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: . NEW YORK OFFICE Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. 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. Franchise Systems, an Atlanta-based hotel franchisor that began with one brand and 22 hotels in nine states. Roark Capital Acquires ServiceMaster Brands. New York, NY 10022 Driven Brands is the largest automotive services company in North America. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com 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. All rights reserved. from 8 AM - 9 PM ET. 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. Email this Business. The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans. Phone (212) 806-6000 Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. Later on, it was sold to the Roark Capital Group back in 2010. 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. Roark prides itself on partnering with entrepreneurs and executives who share this vision of growth and success across all stakeholders. 540 Madison Ave How are the unit-level economics? The deals became larger and more diversefast-casual, full-service, and quick-service restaurants, including some with company-owned units, not just franchisees. "Take 5 Oil Change is an ideal addition to our portfolio of brands. CARSTAR is the largest franchise network of automotive collision repair shops in North America. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. 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.. . Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Win whats next. 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.. Founded in 2001, Roark Capital Group is a private equity firm based in Atlanta, Georgia. Elane served as Group President of Kimberly-Clark International and Global President of Kimberly . The Chicago-based company did not disclose terms of the deal or the identity of the investor group. Roark Capital Group General Information. Merry Maids is a leading franchisor and provider of home cleaning services. Who Owns Wingstop? All About the Chicken Wing Chain Private equity often involves deals of dizzying size to buy companies your average consumer has never heard of. Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. Focus added Schlotzskys in 2006, Moes Southwest Grill in 2007, and Auntie Annes in 2010. ABRA is a leading network of franchised automotive collision repair shops. The boardroom at Roark Capital Groups offices in an Atlanta skyscraper has all the accoutrements of a nicely appointed meeting area, including a large conference table surrounded by comfortable chairs and a wide view of the city below. 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. Cheesecake Factory buys most of Roark's stake for $457M Roark Capital Group Profile: Totals OpenSecrets 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. Theyre very entrepreneurial., Besides, he says, theyre just plain good guys.. He follows what he believes.. Article continues below . Did inspire brands buy jimmy johns? Working At Arby's: Employee Reviews And Culture - Zippia 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 . It was the public. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. [17] The acquisition was completed on December 7, 2018. who owns ihop Official 2023 Corner Bakery Files for Bankruptcy Protection As Office Worker While the firm has not sold any of its restaurant companies yet, that time will come. Were just not big believers in shortcuts, Aronson says. Mar 30, 2016, 11:48 ET. In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. 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. Roarks other limited-service brands include Auntie Annes, Carvel Ice Cream, Cinnabon, Moes Southwest Grill, and Schlotzskysall of which are included under the Focus Brands umbrellaas well as Corner Bakery, McAlisters Deli, and Wingstop. Wendy's owns about 18.5 percent of Arby's, with their stake valued at around $325.9 . Naf Naf Grills website lists 39 locations in eight states, including Illinois, Indiana, Minnesota, New Jersey, Ohio, Pennsylvania, Tennessee and Wisconsin. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. Previously, Okeson was a partner at Alston & Bird LLP in Atlanta, Georgia, where he spent 15 years specializing in corporate governance, mergers and acquisitions . 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. "Arby's Restaurant Group" redirects here. 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. The private-equity firm helped turn around Arby's after buying a majority stake in 2011. We look forward to partnering and helping accelerate their growth plans. . Phone (404) 591-5200 Jimmy John's is one of the largest sandwich chains in the US. Most of Carvels resources had been diverted to its supermarket business, which angered franchisees. We want CKE to reach their potential, just like all of Roarks other brands, he says. Roark :: About Our Name - Roark Capital Group Will the Fast-Food Dining Room Live On After COVID? Responsibilities. The customer is an American company that is an affiliate of the American private equity firm Roark Capital Group which currently owns Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, and McAlister's Deli, Auntie Anne's, and Jamba brands. It takes time to build a really good company, to make it sustainable, and make the growth something thats long term.. Who Owns Wingstop? How It Started - Under30CEO Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. Roark Capital Group Affiliates. October 01, 2020 09:01 AM Eastern Daylight Time . Here's why Arby's acquisition of Buffalo Wild Wings is good news for Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. Roark prides itself on being a trusted partner for management and business owners. Web page addresses and e-mail addresses turn into links automatically. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. 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. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. 2023 PitchBook. The transaction will apparently not cost Paul Ginsberg, Roark Capitals president, his seat on Cheesecakes board. He now owns the Gulfstream G-IV with registration . who owns arbys Official 2023 Roark's portfolio companies - Business Insider When typing in this field, a list of search results will appear and be automatically updated as you type. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring . AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. 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. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com Jimmy John's and Rusty Taco parent company has completed its acquisition of Dunkin' Brands Group for $11.3 billion (or . Private-equity firm had taken minority stake in fast-casual Middle Eastern concept in 2015, 2023 Informa USA, Inc., All rights reserved, NRN editors talk about the NRAs recent report, what happens when children are banned from restaurants, and celebrity marketing, Duffys Sports Grill Mastered Gift Cards in a Flash, Examining new ways to collect restaurant guest data, It's time to Roll Up to Win at Tim Hortons with exciting new prizes, Subway opens new dual headquarters building in Miami, Menu Tracker: New items from Burger King, KFC, and Chipotle, San Diegos Trust Restaurant Group drives retention, innovation with culture of yes, Nations Restaurant News launches new CREATE Roadshow event series, Allowed HTML tags:

. 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 . 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. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. Roark Capital Group acquired 81.5% of Arby's Restaurant Group in July 2011 and is now a majority-owner of Inspire Brands. For more information visit www.take5oilchange.com. 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. The new managers set about turning that around by refurbishing the stores and giving franchisees the OK to sell a product they wanted: Italian ice. At Roark, that patience is being tested with Arbys. ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. Its pretty exciting to be part of helping people realize their dreams, Aronson says of franchising. 10 Companies That Own Your Favorite Chain Restaurants - The Daily Meal ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . Roark Capital Group Inc. operates as a private equity firm. "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.". 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. [13] Co-owner The Wendy's Company's stake was reduced from 18.5% to 12.3% due to the infusion of capital from Roark Capital to fund the purchase. Buffalo Wild Wings Takes Flight On Buyout Offer 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. 540 Madison Ave 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. 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. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. The purchases were financed primarily through Roarks first private equity fund. Roark Capital Group Acquires Miller's Ale House - PR Newswire Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. 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. 1180 Peachtree Street NE 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 Investor Profile: Portfolio & Exits | PitchBook Inspire Brands - Wikipedia Roark also owns nearly a dozen non-eatery franchise businesses. There were four CEOs in six years, a problem Aronson blames on previous ownership. 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 . refer to our About Take 5 Oil ChangeTake 5 Oil Change has been serving customers for more than 30 years. The fast . You don't drive past their logos every time you leave the house. Roark Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. Roark Capital Group, the owner of restaurant chain Arby's, plans to buy Buffalo Wild Wings for $2.4 billion. [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. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. www.roarkcapital.com. Author has 4.2K answers and 3.1M answer views. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. Their total assets, however, are around $250 million. 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. Atlanta, Georgia 30309 Few of Arbys issues were present at CKE, which was acquired from private equity firm Apollo Global Management. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. When I talked to Jack, he yelled at me and shamed me into starting Roark, Aronson says. ABRA is a leading network of franchised automotive collision repair shops. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. Contributions to 527s are not included in the Individuals, PACs, Soft (Indivs), or Soft (Orgs) columns, so the sum of these columns may not equal the Total column. Cinnabon and some franchising rights for Seattles Best Coffee were then acquired in 2004. 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. Founded in Germany in 1965, the Company has solidified its position as the international market leader, developing an extensive network of more than 750 car wash locations across Europe and more than 100 car wash locations in the U.S. ICWG's focus on express-service style operations appeals to a broad base of consumers seeking a quick and high quality wash at an affordable price. Marcato, which owns a 6.4 percent stake in the wing chain, launched its campaign . Fax (404) 591-5201 Wingstop has a total market capitalization of a gigantic $4.73 billion! Do not sell my personal infoPrivacy PolicyContact UsRSS, Cheesecake Factory buys most of Roark's stake for $457M. Atlanta-based private-equity Roark Capital Group invested in the concept in 2015. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. The Rohan Group of Companies, which owns Pandya Restaurant Growth Brands, had hoped to expand the Corner Bakery brand, but it remains unclear how the bankruptcy filing will impact those plans. [21][22] The acquisition was completed on December 15, 2020. "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. Our name signifies our admiration for the qualities embodied by Howard Roark but, as a firm of diverse viewpoints, it does not signify adherence to any particular political philosophy. Fax (404) 591-5201 Get todays need-to-know restaurant industry intelligence. 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 firings came Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. 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. Arby's owner Roark gobbles up Buffalo Wild Wings for $2.4 billion Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. 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. 1180 Peachtree Street NE Fax (212) 518-2028 Roark Capital Group acquires Jim 'N Nick's Bar-B-Q Aronson launched the firm in 2001 and named it for Howard Roark, the protagonist architect in Ayn Rands novel, The Fountainhead. Inspire Brands Completes Acquisition of Dunkin' Brands Who Owns Roark Clothing - BikeHike READ MORE, Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark 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 . 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. Rick Ross Wingstop - Everything Should Know Reverb Press Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com 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. 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. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Nov 2009 - Dec 202213 years 2 months. 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. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. 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. Registered in England and Wales. As of 2021, Wingstop makes a net income of about $42 million a year. 37th Floor The remaining 50,000 preferred Cheesecake shares will be converted to 2,448,381 common shares of the casual-dining company. 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. As a private equity company, we will need to, and will divest companies, Aronson says. 11.16.21 ROARK INVESTMENT Roark Capital Acquires Mathnasium READ MORE . Who owns roark capital group? - Alexa Answers Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc <BWLD.O> for $2.4 billion, . Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. Founded in 1999, KE Camps is the leading operator of day camps for country clubs, Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. Atlanta investment firm scoops up Culver's stock - Madison Suite 2500 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. That is part of our obligation to our investors.. Fax (404) 591-5201 Roark Capital Acquires ServiceMaster for $1.5 Billion Roark Capital Group. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Suite 2500 Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. Roark Vacation Resort | Better Business Bureau Profile privacy policy or contact AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. 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. READ MORE, Roark was named after Howard Roark, the protagonist in Ayn Rand's book The Fountainhead. Ron Ruggless | Oct 29, 2020. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. 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. He plans to structure the company similar to Hilton Hotels & Resorts. Romaniello and Hill moved to Roark in 2008 to help with acquisitions and operations. We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states.

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