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Author has 4.2K answers and 3.1M answer views. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. B-Dubs might be going private. Who is the CEO of Sonic? Inspire Brands Completes Acquisition of Dunkin' Brands Roark Capital Group owns other dining-out favorites, including Arby's, Auntie Anne's, Cinnabon, Carvel Ice Cream, Moe's Southwest Grill, and Wingstop. ICWG operates under the IMO banner in Europe and Asia-Pacific. . 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. 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. Content warning: This article covers allegations of sexual assault. 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. 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. Roark also owns nearly a dozen non-eatery franchise businesses. The buyback more than doubled Roark's initial investment. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. [14] In September 2018, Inspire had the 27-location R Taco reverted to the Rusty Taco name. Atlanta, Georgia 30309 Roark Capital Group Affiliates. The latest from Restaurant Business, sent straight to your inbox. Ron Ruggless | Oct 29, 2020. For more information, please visit www.roarkcapital.com. Roark Capital Group added another brand to its wide-ranging franchise portfolio with the acquisition October 1 of residential and commercial restoration and cleaning services company. www.roarkcapital.com. With this acquisition, Driven Brands continues to expand its Quick Lube division, which also includes Pro Oil Change and Driven Florida Lubes. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Romaniello and Hill moved to Roark in 2008 to help with acquisitions and operations. The fast . Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. Billionaire Founder Of Jimmy John's Sells His Remaining - Forbes You don't drive past their logos every time you leave the house. 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. 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. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. 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. Jimmy John's is one of the largest sandwich chains in the US. Fax (404) 591-5201 Corner Bakery sold to Pandya Restaurant group The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. Rick Ross Wingstop - Everything Should Know Reverb Press For the restaurant, see, "Jimmy John's Sale To Inspire Brands Now Complete", "Why Fast Food's Smartest Operator Is Expanding When Business Is Terrible", "Wendy's sells stake in Arby's owner for $450 million", "Arby's owner beefs up portfolio, eating up another fast-food franchise", "Arby's, Buffalo Wild Wings new parent Inspire Brands debuts", "Arby's closes deal for Buffalo Wild Wings, makes new company", "Arby's CEO: We're Not Done Buying Brands After BWW", "Wendy's Sells Inspire Brands Stake for $450 Million", "Inspire Brands reveals plans for its 3rd brand, now Rusty Taco", "Inspire Brands bringing 1,100 jobs, $32 million to Sandy Springs", "Inspire Brands to buy Sonic Corp. for $2.3B", "Arby's owner Inspire Brands buys Jimmy John's", "Inspire completes purchase of Jimmy John's", "Dunkin' closes in on $9bn sale to Inspire Brands", "Inspire Brands to Acquire Dunkin' Brands Group for $11.3 Billion Including Debt", "Inspire Brands Completes Acquisition of Dunkin' Brands", "Inspire Brands sells Rusty Taco to the owner of Cicis Pizza", "Art of the deal panel to highlight FFGC", https://en.wikipedia.org/w/index.php?title=Inspire_Brands&oldid=1139069937, Companies based in Sandy Springs, Georgia, 2018 establishments in Georgia (U.S. state), Economy of the Southeastern United States, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 13 February 2023, at 05:48. 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. Suite 2500 Who owns roark capital group? - Alexa Answers Marcato, which owns a 6.4 percent stake in the wing chain, launched its campaign . 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. See Neal K Aronson's compensation, career history, education, & memberships. Roark managing partner Neal Aronson will retain control of a 4.6% stake. Roark's portfolio companies - Business Insider Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. In 2016 Liautaud sold a majority share in the company to Roark Capital. Our team will review your remarks prior to publishing. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. 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. 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. 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. ABRA is a leading network of franchised automotive collision repair shops. 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 . Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. Here's what Roark is offering, and what this means for the company, its shareholders and the struggling restaurant industry. Roark Capital Acquires ServiceMaster Brands. Description. Nov 2009 - Dec 202213 years 2 months. 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. 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. NEW YORK OFFICE ServiceMaster will rename itself Terminix, sell Brands segment The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. He refuses to follow fads, trends, or popularity. Who Owns Massage Envy? Details on Spa Franchisor Amid Allegations 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. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Roark Capital Group specializes in franchises in the food service, retail and consumer services industries. 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. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . Were growers, not cutters. Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. 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. Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. We look forward to partnering and helping accelerate their growth plans. Who Owns Who in Franchising? Over 50 of the Most Popular Franchise There hadnt been a new flavor in five years or a new product in eight. (417) 334-3196. They are like the Warren Buffett of restaurants.. These are very smart people, he says. NEW YORK OFFICE Founder & Chief Executive Officer. [11] Brown expected that Inspire would acquire additional chains in different segments. 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. Baseball Academy. We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. Quick Answer: Does Corner Bakery have bagels? - De Kooktips - Homepage While the chain has over 1,700 locations around the world with thousands of employees and owners, Wingstop was sold to Roark Capital Group in 2010 and went public in 2015. That is part of our obligation to our investors.. A massive private equity firm, Atlanta-based Roark owns varied franchise brands including Anytime Fitness and Massage Envy, along with Inspire Brands and Focus . operator of swim schools for children of all ages, serving over 150,000 swimmers per year. Here's What It Said, Supporting New Restaurant Franchisees, By Experience Level, The Power of Transformation in the Restaurant World, Fast-Food Chains Turn Focus to Better In-App Experiences, How to Effectively Market a Restaurant Anniversary. Roark Acquires Great Expressions Dental Centers 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 . Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. ", Ezra Field, Senior Managing Director and Chief Investment Officer at Roark, said, "ICWG's quick conveyor car wash model provides high-quality washes at an affordable price point that is attractive to today's consumers who demand convenience and value. Do not sell my personal infoPrivacy PolicyContact UsRSS, Cheesecake Factory buys most of Roark's stake for $457M. He is my all-time favorite character in any book, Aronson says. The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. who owns arbys Official 2023 Phone (404) 591-5200 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. 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. Neal K Aronson, Roark Capital Group: Profile and Biography Who owns capital music group? 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. 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. In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. Latest Addition to Driven Brands Strengthens Leadership Position in Automotive Aftermarket Services Industry. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. 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 capital and expertise are needed to help the brands grow, well provide that.. 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. Get todays need-to-know restaurant industry intelligence. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. | Roark is an Atlantabased private equity firm with $35 billion in assets under management. Howard Roarks characteristics led to Roark Capitals 12 core values, including commitment, integrity, collaboration, and accountability. 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. An arm of Atlanta-based Roark Capital Group plans to buy ServiceMaster Brands for $1.55 billion within 30 to 60 days. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. In the announcement, ServiceMaster says: "The transaction will position the . Roark Capital Group finalized its deal to acquire Buffalo Wild Wings for $2.9 billion on February 5. The Denver company . International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. Wendy's owns about 18.5 percent of Arby's, with their stake valued at around $325.9 . ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham.

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