Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Our consumer products and services investments have included Driven Brands (the owner of ABRA, ATI, CARSTAR, International Car Wash Group, Maaco, Meineke, Take 5, Uniban, 1800 Radiator, Auto Glass Now, and others), ServiceMaster Brands (the owner of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic, AmeriSpec, and Two Men and a Truck), Pet Supermarket, Pet Valu, Orangetheory Fitness, Massage Envy, Mathnasium, Primrose Schools, Self Esteem Brands (the owner of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, and Stronger U), Fitness Connection, Youth Enrichment Brands (the owner of US Sports Camps, US Baseball Academy, i9 Sports, Streamline Brands and KE Camps), Great Expressions Dental Centers, and previously Atkins Nutritionals, Batteries Plus Bulbs, Drybar, FASTSIGNS, and US Franchise Systems.
Quick Answer: Does Corner Bakery have bagels? - De Kooktips - Homepage Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. We like growth, and were looking to invest in growth.. 2023 PitchBook. Roark has a history of creating jobs, providing opportunities, and helping people and companies realize their potential. Primrose Schools is a leading franchisor of pre-K schools providing high quality educational programs for children 6 weeks to 5 years old and after-school learning programs for 6 to 12 year olds. Like many urban fast-casual concepts , Corner Bakery has struggled during the pandemic and has seen sharp declines in earnings and revenues since March, according to Debtwire. The Chicago-based company did not disclose terms of the deal or the identity of the investor group. Fax (404) 591-5201 He has conviction, passion, unbelievable honesty, openness, and hes loyal and trustworthy. 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 . regarding PitchBook Data's products. 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.
What are zingers at miller's ale house? Explained by Sharing Culture We look forward to partnering and helping accelerate their growth plans. "Arby's Restaurant Group" redirects here. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. 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. Founded in 1988, U.S. . In 2016, Liautaud sold an estimated 65% of the business to Inspire's parent company, the Atlanta-based private equity firm Roark Capital, in a deal that valued Jimmy John's at around $3 . The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. Baseball Academy. Suite 2500 Atlanta, Georgia 30309 Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. READ MORE, Roark was named after Howard Roark, the protagonist in Ayn Rand's book The Fountainhead. The securities filing states that Aronson will have the discretion to manage the shares as he sees fit. 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. 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: . Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. For more information, please visit www.roarkcapital.com. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. GROUP. They understand franchising, and they know brands and understand branding. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. 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. Roark differs in many ways from other private equity companies. 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. Email this Business. The acquisitions are a team effort, Hill says, relying on Roarks operational, financial, and other resources.
Roark Capital Group Profile: Totals OpenSecrets 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. We want to partner with entrepreneurs and executives who share this vision. After the hotel business was sold, one of Aronson's mentors, Odyssey Partners cofounder Jack Nash, encouraged him to try his hand at private equity. The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. It was the public.
Roark :: Current Investments - Roark Capital Group AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. Suite 2500 Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. 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 . International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia.
Roark Capital Group Acquires Miller's Ale House - PR Newswire Roark Capital founder Neal Aronson has helped the firm grow to include several premier quick-service companies, including CKE and Arbys.
Judd Kyle Shader - Founder & Executive Chairman - LinkedIn 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. Phone (404) 591-5200 ABRA is a leading network of franchised automotive collision repair shops. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. Phone (404) 591-5200 operator of swim schools for children of all ages, serving over 150,000 swimmers per year. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. Aronson began his career in investment banking and private equity in New York, working for several firms, including hedge fund Odyssey Partners. 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.
Investor Spotlight: Roark Capital Group, where Ayn Rand meets Arby's Before launching Roark Capital, he was the co-founder and CFO of US Franchise Systems, an owner and operator of hotel brands that increased its holdings more than 20-fold under his leadership.
Roark Vacation Resort | Better Business Bureau Profile 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. NEW YORK OFFICE How are the unit-level economics? Since inception, affiliates of Roark have invested in 92 franchise/multi-location brands which generate approximately $54 billion in annual system revenues from 63,000 locations in 50 states and . Roark Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. Web page addresses and e-mail addresses turn into links automatically. 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. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. 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. [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. 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 previously announced acquisition of UK-based International Car Wash Group from TDR Capital LLP. U.S. Roark Capital Group is an American private equity firm with over $33 billion in assets under management. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The fast-casual chain started in 1991 in Chicago and launched a franchising program in 2007. 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. Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . Some investors, including university endowments and investment managers, have invested in all three, a sign of Roarks performance. 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. Roark Capital Group Affiliates. As of 2021, Wingstop makes a net income of about $42 million a year. You don't drive past their logos every time you leave the house. 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. Aronson says the firm talks about the core values and lives them out every day, and that theyre on laminated cards given to each of Roarks 45 employees. Phone (212) 806-6000 While the firm has not sold any of its restaurant companies yet, that time will come. Founded in 1988, U.S. Founded in 2006, Streamline Brands is a leading franchisor and
Phone (404) 591-5200 Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning.
Do not sell my personal infoPrivacy PolicyContact UsRSS, Cheesecake Factory buys most of Roark's stake for $457M. 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. Roark prides itself on partnering with entrepreneurs and executives who share this vision of growth and success across all stakeholders. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Most compete in the quick-service sector, far downmarket from Cheesecakes turf.
Inspire Brands Completes Acquisition of Dunkin' Brands 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. We earn trust by abiding by the highest moral standards and treating our investors, management teams, lenders, advisors, service providers and communities with dignity and respect. Who is corner bakery owned by? If you work your tail off and follow the rules, you can be successful.
EPAM Anywhere hiring Senior Automation Tester in Armenia | LinkedIn Working At Arby's: Employee Reviews And Culture - Zippia Naf Naf Grill, investor group buy out Roark ownership HOME
ServiceMaster will rename itself Terminix, sell Brands segment 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. .
Did inspire brands buy jimmy johns? The transaction will apparently not cost Paul Ginsberg, Roark Capitals president, his seat on Cheesecakes board.
Billionaire Founder Of Jimmy John's Sells His Remaining - Forbes Stronger U is a digital, personalized nutrition-based health coaching services brand. When the company was sold in 2000, it had three brands and some 500 hotels in all 50 states and five countries. Cheesecake only franchises abroad, and on a limited basis, and it is positioned squarely in the upper echelon of casual dining. [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. Lines and paragraphs break automatically. Franchise Systems, an Atlanta-based hotel franchisor that began with one brand and 22 hotels in nine states. Will the Fast-Food Dining Room Live On After COVID? 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. The private-equity firm helped turn around Arby's after buying a majority stake in 2011. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. By the end of the first year under Roark leadership, 21 new menu items were added. Jimmy John's is one of the largest sandwich chains in the US.
Roark Capital Acquires ServiceMaster for $1.5 Billion Buffalo Wild Wings Takes Flight On Buyout Offer 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 deals became larger and more diversefast-casual, full-service, and quick-service restaurants, including some with company-owned units, not just franchisees. 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.. Stronger U is a digital, personalized nutrition-based health coaching services brand. We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. Here's what Roark is offering, and what this means for the company, its shareholders and the struggling restaurant industry. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners.
8 Secrets Buffalo Wild Wings Doesn't Want You to Know Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. Wendy's owns about 18.5 percent of Arby's, with their stake valued at around $325.9 . 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. 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. 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. Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. 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. About Roark Capital Group. 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 . No, Sonic is owned by Sega, who debuted the character in "Sonic The Hedgehog" for their Genesis console in 1991. Jul 22, 2013, 08:00 ET.
Roark Capital Group Acquires Driven Brands - Yahoo! [10][19] The deal closed on October 18, 2019. The moves largely undo Roarks $200 million equity investment in Cheesecake back in April 2020, when the pandemic was just beginning. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. . The boardroom at Roark Capital Group's 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.There's just one distinction: Two dozen black-framed notices of the private equity firm's acquisitions dot the walls along the narrow sides of the room. Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. 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. Media ContactBrandi Neloms, Sr. Communications Manager[emailprotected] 704-644-8151, Cision Distribution 888-776-0942 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. I agree to receive PitchBook Data's electronic newsletters, updates, promotions and related messages The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. If its franchising, it better be great unit-level economics, or a franchisee would never get involved in it.. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. For more information, visit www.DrivenBrands.com. Roark is an Atlantabased private equity firm with $33 billion in assets under management. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. Members help make our journalism possible. Driven Brands is the largest automotive services company in North America. He follows what he believes.. We want CKE to reach their potential, just like all of Roarks other brands, he says. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. Atlanta, Georgia 30309 Roark Capital Group specializes in franchises in the food service, retail and consumer services industries. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. 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.. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. October 01, 2020 09:01 AM Eastern Daylight Time . B-Dubs might be going private.
ATLANTA OFFICE Elane served as Group President of Kimberly-Clark International and Global President of Kimberly .
Roark Capital Group - Crunchbase Investor Profile & Investments It was founded by Jimmy John Liautaud in 1983 and is headquartered in Champaign, Illinois. 540 Madison Ave Thats key. Were growers, not cutters. www.roarkcapital.com, Roark Portfolio Employees Assistance Fund. Rating. When I talked to Jack, he yelled at me and shamed me into starting Roark, Aronson says. Similar Questions. Visit Website. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham.
Roark Capital-owned Driven Brands targets over $3 bln - Nasdaq Were just not big believers in shortcuts, Aronson says. Roark focuses on middle market investment opportunities through family-owned business transfers, management and corporate buyouts . 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. 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. The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website. Later on, it was sold to the Roark Capital Group back in 2010.
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