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. Email this Business. Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. The purchases were financed primarily through Roarks first private equity fund. . What company owns Jimmy Johns? In 2006, Brinker sold the company ( but still owns Maggiano's ), and Corner Bakery Cafe began franchising a year later. 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. They have perfected their processes and deliver industry leading customer service. 1180 Peachtree Street NE If the series of financial moves are completed as expected on June 15, Roarks interest in Cheesecake will be reduced to 2.4 million shares of common stock, or 4.6% of total shares outstanding. With this acquisition, Driven Brands continues to expand its Quick Lube division, which also includes Pro Oil Change and Driven Florida Lubes. What are the characteristics of that concept? We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. 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 . 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 . Founder & Chief Executive Officer. About Take 5 Oil ChangeTake 5 Oil Change has been serving customers for more than 30 years. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. . Maintaining Automated Tests in TAF for V1 platform for API testing 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. How a young private equity firm came to own 16 restaurant brands with $11 billion in systemwide sales. . 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. The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. serving 10,000+ campers per year. Most compete in the quick-service sector, far downmarket from Cheesecakes turf. To help with Arbys, two industry prosJon Luther, Dunkin Brands chairman, and former Yorkshire Global Restaurants CEO Sid Feltensteinwere added as independent directors on Arbys board. 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. Uniban is a leading network of glass repair and replacement service centers across North America. That's because we've stayed true to our core beliefs, our approach to investing and our commitment to community. As a private equity company, we will need to, and will divest companies, Aronson says. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. 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 . Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Roark Capital Acquires ServiceMaster Brands. 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. And that someone, who snapped the company up in early 2018, was Roark Capital, also the owner of the fast-food company Arby's, which has been pegged as one of the least respected fast-food chains . Neal Aronson founded Roark Capital in . Youll see us sell some companies over time, and youll see us take some companies public. Affiliates of Roark have acquired 55 franchise/multi-unit brands which generated approximately $21 billion in system revenues from 23,000 locations located in 50 states and 75 countries. These are very smart people, he says. Uniban is a leading network of glass repair and replacement service centers across North America. RB American is the largest Arby's franchisee, operating 370 restaurants across 9 states. New York, NY 10022 Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. 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. For more information, please visit www.roarkcapital.com. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. That step will leave him with 2.4 million shares. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". There were four CEOs in six years, a problem Aronson blames on previous ownership. Still, Arbys core attributes lined up for Roark, including the brand differentiation, great history, a large and loyal customer base, good locations, and upside potential. Registered in England and Wales. Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. Founded in 2001, Roark Capital Group is a private equity firm based in Atlanta, Georgia. 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. Baseball Academy. Roark Capital Group is buying the 37-unit Jim 'N Nick's Bar-B-Q, the company said on Monday, in a deal that gives the Atlanta-based, private-equity group its 20th restaurant brand. Description. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. Naf Naf Grill, the fast-casual Middle Eastern concept, and an investor group have acquired the entire minority ownership in the company previously held by affiliates of Roark Capital Group, the company said Wednesday. Who owns Miller's Ale House? Wingstop decided to go entirely public with an IPO (Initial Public Offering) of $19 for a share. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. 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. Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. It now owns three of the 25 biggest quick-service restaurant chainsit acquired a majority stake in Arbys three years agoand oversees a 16-brand dining empire with some $11 billion in systemwide sales and nearly 12,100 units employing some 300,000 people. Later on, it was sold to the Roark Capital Group back in 2010. He plans to structure the company similar to Hilton Hotels & Resorts. 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. Phone (404) 591-5200 Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. Join the more than 1.5 million industry professionals who get our daily newsletter! Atlanta, Georgia 30309 Founded in 1984, Take 5 Oil Change operates 65 quick oil change facilities across nine states throughout the Southeast. Thats key. 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. [9] On August 28, 2018, Georgia Governor Nathan Deal announced that Inspire was moving its headquarters to Sandy Springs, Georgia in 2019. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. 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. Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Phone (212) 806-6000 U.S. Roark Capital Group is an American private equity firm with over $33 billion in assets under management. Was decided. 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.. [20], Inspire Brands on October 25, 2020 announced that it was buying Dunkin' Brands for $11.3 billion. [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. Phone (212) 806-6000 Luther is Arbys chairman. If its franchising, it better be great unit-level economics, or a franchisee would never get involved in it.. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. October 01, 2020 09:01 AM Eastern Daylight Time . Cheesecake only franchises abroad, and on a limited basis, and it is positioned squarely in the upper echelon of casual dining. If you work your tail off and follow the rules, you can be successful. We then focus our time on what are those three or four key strategic initiatives for that business., Nash, who died in 2008, passed on several lessons to Aronson, one of the biggest being that the best investments require great patience. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring . Atlanta, Georgia 30309 Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. International House of Pancakes, LLC is a wholly-owned subsidiary of Dine Brands Global (NYSE: DIN). 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. Roark Capital Group General Information. Merry Maids is a leading franchisor and provider of home cleaning services. 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. The fast-casual chain started in 1991 in Chicago and launched a franchising program in 2007. We dont know when yet, but it will happen, he says. ICWG is the largest car wash operator in the world, washing more than 35 million cars every year through more than 900 locations in 14 countries across Europe, the United States, and Australia. The deals became larger and more diversefast-casual, full-service, and quick-service restaurants, including some with company-owned units, not just franchisees. He is my all-time favorite character in any book, Aronson says. [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. Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc <BWLD.O> for $2.4 billion, . Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients.
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