from 8 AM - 9 PM ET. Roark focuses on middle market investment opportunities through family-owned business transfers, management and corporate buyouts . The Chicago-based company did not disclose terms of the deal or the identity of the investor group. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. who owns arbys Official 2023 Roark is an Atlantabased private equity firm with $33 billion in assets under management. Get todays need-to-know restaurant industry intelligence. 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. Take 5 Oil Change has a phenomenal brand, operating model, and team led by Marc. In 2016 Liautaud sold a majority share in the company to Roark Capital. Is Arby's Roast Beef real or processed meat? Its two full-service restaurant chains are Il Fornaio and Millers Ale House. Inspire Brands is majority-owned by affiliates of Roark Capital Group. . The private-equity firm helped turn around Arby's after buying a majority stake in 2011. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. "Arby's Restaurant Group" redirects here. Youll see us sell some companies over time, and youll see us take some companies public. 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. Media ContactBrandi Neloms, Sr. Communications Manager[emailprotected] 704-644-8151, Cision Distribution 888-776-0942 Our portfolio companies span multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities. Article continues below . Who owns Miller's Ale House? 10 Companies That Own Your Favorite Chain Restaurants - The Daily Meal McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. Join the more than 1.5 million industry professionals who get our daily newsletter! Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. Number 8860726. In the announcement, ServiceMaster says: "The transaction will position the . Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. Finally, in 2015, the final answer to the previous question, who owned Wingstop? . To this day, Wingstop is still under the Roark Capital Group. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. 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. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. 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. READ MORE, Invest in Good is Roarks multi-faceted commitment to long-term social impact initiatives. Our team will review your remarks prior to publishing. Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. The company is in growth mode, targeting eight to 10 new openings a year. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Fax (212) 518-2028 Private equity often involves deals of dizzying size to buy companies your average consumer has never heard of. 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. After a few quiet years, Roark raised its first flagship fund in 2005, a $413 million vehicle, and quickly got to work making deals, completing four . Billionaire Founder Of Jimmy John's Sells His Remaining - Forbes 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. Content warning: This article covers allegations of sexual assault. Roark Capital Group General Information. Aronson launched the firm in 2001 and named it for Howard Roark, the protagonist architect in Ayn Rands novel, The Fountainhead. Phone (404) 591-5200 Howard Roarks characteristics led to Roark Capitals 12 core values, including commitment, integrity, collaboration, and accountability. Who Owns Who in Franchising? Over 50 of the Most Popular Franchise 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. Email this Business. Founded in 2006, Streamline Brands is a leading franchisor and 2023 PitchBook. As the Atlanta-based private equity firm that owns Massage Envy, Roark Capital Group published a plan in 2017 to address the . 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. You don't drive past their logos every time you leave the house. 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 . Luther is Arbys chairman. They are like the Warren Buffett of restaurants.. Roark bought control of Arbys for $430 million in cash and debt, despite 2010 results that one analyst dubbed amongst the worst in modern restaurant history.. Related: Naf Naf Grill founder dies at 47, Greg Willman, left, who was named Naf Naf Grill CEO in May 2020, said in a statement: I am excited about the future of Naf Naf Grill and want to thank Roark for its support and positive contributions to the company.. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website. Author has 4.2K answers and 3.1M answer views. 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. 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. See Neal K Aronson's compensation, career history, education, & memberships. Were just not big believers in shortcuts, Aronson says. Naf Naf Grill and an investor group bought out the minority ownership of Roark Capital. Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. Buffalo Wild Wings also owned the Rusty Taco chain. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. Buffalo Wild Wings' Owner Has Diverse Empire - Business Insider How Roark Capital's Neal Aronson won over franchisees to build a $54 billion fast-food juggernaut with brands like Arby's, Dunkin', and Buffalo Wild Wings. . Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. We want CKE to reach their potential, just like all of Roarks other brands, he says. Private-equity firm Roark Capital Group, which owns Atkins, is gearing up to seek a buyer for the low-carbohydrate-diet pioneer, according to people familiar with the matter. CARSTAR is the largest franchise network of automotive collision repair shops in North America. 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. Roark Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. Quick Answer: Does Corner Bakery have bagels? - De Kooktips - Homepage ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. Texas-based Corner Bakery Caf files for Chapter 11 bankruptcy ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . 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. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. 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. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. 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 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. www.roarkcapital.com, Roark The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. Roark Capital Acquires ServiceMaster Brands. "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.". Cheesecake will then repurchase the stock for $446.9 million. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. Automotive Training Institute (ATI) is a leading provider of financial and operational training series to the automotive repair and maintenance and paint and collision markets. The things that were wrong we saw as fixable, as long as we had time, Aronson says, noting that a private company has that luxury. Arby's owner Roark gobbles up Buffalo Wild Wings for $2.4 billion Today, we're one of the world's largest investment management organizations, managing $2.2 trillion.*. 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. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. For more information visit www.roarkcapital.com. ORLANDO, Florida: Under recently reinstated CEO Bob Iger, Walt Disney Co. announced this week that it is cutting 7,000 jobs, or 3.6 percent of the company's global workforce, to save $5.5 billion in costs and seek to make its streaming business profitable. The firms first acquisition was Carvel in 2001 for $26 million. 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. 37th Floor Roark Acquires Great Expressions Dental Centers For more information visit www.take5oilchange.com. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. 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. 1 Answer ANSWER Neal Aronson. 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. By the end of the first year under Roark leadership, 21 new menu items were added. [10][19] The deal closed on October 18, 2019. Do not sell my personal infoPrivacy PolicyContact UsRSS, Cheesecake Factory buys most of Roark's stake for $457M. ", 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.". The acquisitions are a team effort, Hill says, relying on Roarks operational, financial, and other resources. Phone (212) 806-6000 Merry Maids is a leading franchisor and provider of home cleaning services. All of those characteristics have helped turn Roark into one of the biggest influencers in the quick-service industry. Thats key. About Take 5 Oil ChangeTake 5 Oil Change has been serving customers for more than 30 years. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. The firm also provides the capital for operators to reach their goals.

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