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who owns roark capital group

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. There were four CEOs in six years, a problem Aronson blames on previous ownership. Romaniello became the operating partner, and Hill was added as vice president of franchising and foodservice. 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NEW YORK OFFICE When typing in this field, a list of search results will appear and be automatically updated as you type. Roark Capital Group, an Atlanta-based private equity firm focused on franchise and consumer brands, announced today that its affiliate has acquired Driven Brands, the nation's leading franchise . 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. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. 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. 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. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. B-Dubs might be going private. 1180 Peachtree Street NE Fax (404) 591-5201 US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. 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. 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.. It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says. "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.". 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. Responsibilities. In 2016 Liautaud sold a majority share in the company to Roark Capital. New York, NY 10022 US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. 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. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. If capital and expertise are needed to help the brands grow, well provide that.. Weve been so busy we just havent had the time to put these up yet, says Neal Aronson, Roarks founder and managing partner, smiling down at the frames. Who is the CEO of Sonic? from 8 AM - 9 PM ET. We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. Roark prides itself on partnering with entrepreneurs and executives who share this vision of growth and success across all stakeholders. 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. "We are excited to partner with Roark, an experienced investor in growing multi-unit businesses, to help us accelerate ICWG's growth," said Mike Smith, Executive Chairman of ICWG. Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. 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. 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 . Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. CARSTAR is the largest franchise network of automotive collision repair shops in North America. Email this Business. Suite 2500 In its 13 years in existence, Roark has sold only three companies. 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. Jimmy still owns 35%. Maintaining Automated Tests in TAF for V1 platform for API testing 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. [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. 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. Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. 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. 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. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. There was talent at Carvel that Cinnabon could benefit from, and talent at Cinnabon that Carvel could use.. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Wingstop has a total market capitalization of a gigantic $4.73 billion! As a private equity company, we will need to, and will divest companies, Aronson says. 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. At Roark, that patience is being tested with Arbys. 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. 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. The fast-casual chain started in 1991 in Chicago and launched a franchising program in 2007. Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc <BWLD.O> for $2.4 billion, . Were growers, not cutters. [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. 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. . If you work your tail off and follow the rules, you can be successful. The company, which was sold by Roark Capital Group to Pandya Restaurant Growth Brands in October 2020, has two locations in San Antonio, Texas. 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. Theyre all different, and so I think weve gotten better at it, he says. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. Phone (404) 591-5200 Who owns Miller's Ale House? We dont know when yet, but it will happen, he says. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. Roark Capital Group acquired Corner Bakery in 2011 from Il Fornaio Corporation. Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark Portfolio Employees Assistance Fund. 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. Naf Naf Grills website lists 39 locations in eight states, including Illinois, Indiana, Minnesota, New Jersey, Ohio, Pennsylvania, Tennessee and Wisconsin. New York, NY 10022 Terms of . 37th Floor International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. The firm also provides the capital for operators to reach their goals. We learn a lot from every company we evaluate, and then as we work with the companies., Making an acquisition is just the ticket to play, he adds. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. Jimmy John's is one of the largest sandwich chains in the US. Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 They understand franchising, and they know brands and understand branding. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. www.roarkcapital.com. What are the characteristics of that concept? Greenwood Village, CO. Leeds West Groups (LWG) was founded in 2009 by current CEO and Board Member Judd Shader and is . Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. As the Atlanta-based private equity firm that owns Massage Envy, Roark Capital Group published a plan in 2017 to address the . Buffalo Wild Wings also owned the Rusty Taco chain. Were just not big believers in shortcuts, Aronson says. Description. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. For more information visit www.roarkcapital.com. The only way your investment is going to be rewarded in the long term is if you make long-term focused decisions that improve the business, which they do very well. Roark owns a huge stable of franchised restaurant brands through its two main holdings, Focus Brands and Inspire Brands. Registered in England and Wales. What company owns Jimmy Johns? Media ContactBrandi Neloms, Sr. Communications Manager[emailprotected] 704-644-8151, Cision Distribution 888-776-0942 There hadnt been a new flavor in five years or a new product in eight. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. [20], Inspire Brands on October 25, 2020 announced that it was buying Dunkin' Brands for $11.3 billion. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring . The remaining 50,000 preferred Cheesecake shares will be converted to 2,448,381 common shares of the casual-dining company. Roark Capital Group General Information. In the announcement, ServiceMaster says: "The transaction will position the . 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. 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. Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. 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. That step will leave him with 2.4 million shares. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. . Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. 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. 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. 1-800 Radiator is the largest franchised automotive parts distributor in North America. 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. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Finally, in 2015, the final answer to the previous question, who owned Wingstop? Similar Questions. www.roarkcapital.com. Web page addresses and e-mail addresses turn into links automatically. 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. Roark is an Atlantabased private equity firm with $33 billion in assets under management. They are an extremely knowledgeable group, he says, noting that the firms buy-and-hold philosophy is important to him as a lender and franchisee. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. None were restaurants. 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. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. 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. 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 . 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. Please ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . 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 . Marcato, which owns a 6.4 percent stake in the wing chain, launched its campaign . Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. Driven Brands is the largest automotive services company in North America. 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. Since inception, affiliates of Roark have invested in 61 franchise/multi-unit brands which collectively generate $25 billion in annual system revenues from 28,000 locations in 50 states and 78 countries. 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. ABRA is a leading network of franchised automotive collision repair shops. 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. 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. 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. Our team will review your remarks prior to publishing. 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.DrivenBrands.com. U.S. Roark Capital Group is an American private equity firm with over $33 billion in assets under management. It met Roarks expertise then: a franchised business in the hospitality arena. 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. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring, business transfers, corporate divestiture, and other situations. Will the Fast-Food Dining Room Live On After COVID? 1180 Peachtree Street NE 37th Floor 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. 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. You can unsubscribe at any time by clicking on the unsubscribe link at the bottom of our emails. Cheesecake will then repurchase the stock for $446.9 million. International House of Pancakes, LLC is a wholly-owned subsidiary of Dine Brands Global (NYSE: DIN). 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 . Aronson will surrender 47,517 of the common shares to Cheesecake in exchange for $10.4 million in cash. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". Driven Brands is the largest automotive services company in North America. [15], On August 16, 2018, The Wendy's Company announced that it sold its 12.3% stake in Inspire Brands back to the company for $450 million, which included a 38% premium over the stake's most recent valuation. The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website. In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. Roark prides itself on being a trusted partner for management and business owners. 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.

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