All rights reserved. We dont know when yet, but it will happen, he says. 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. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. About Take 5 Oil ChangeTake 5 Oil Change has been serving customers for more than 30 years. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. 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. The firings came ICWG operates under the IMO banner in Europe and Asia-Pacific. In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. 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. Founded in 1999, KE Camps is the leading operator of day camps for country clubs, Neal K Aronson is Managing Partner/Founder at Roark Capital Group. 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. The franchisees hated the company, says Romaniello, now a Roark managing partner. Founded in 1984, Take 5 Oil Change operates 65 quick oil change facilities across nine states throughout the Southeast. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. Jimmy John's Franchise, LLC is an American franchised sandwich fast food restaurant chain owned by Inspire Brands. Its pretty exciting to be part of helping people realize their dreams, Aronson says of franchising. Neal Aronson founded Roark Capital in . NEW YORK OFFICE Stronger U is a digital, personalized nutrition-based health coaching services brand. 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. 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. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. CHARLOTTE, N.C., March 30, 2016 /PRNewswire/ -- Driven Brands, a portfolio company of Roark Capital and the nation's leading automotive franchisor . 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. [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. It met Roarks expertise then: a franchised business in the hospitality arena. [21][22] The acquisition was completed on December 15, 2020. We are delighted to be a part of the Roark family. Our largest sector, food and restaurants, encompasses investments in brands such as: Inspire Brands (the owner of Arbys, Baskin Robbins, Buffalo Wild Wings, Dunkin, Jimmy Johns, and Sonic), Nothing Bundt Cakes, CKE Restaurants (the owner of Carls Jr and Hardees), FOCUS Brands (the owner of Auntie Annes Pretzels, Carvel Ice Cream, Cinnabon, Jamba, McAlisters Deli, Moes Southwest Grill, and Schlotzskys), Millers Ale House, Culvers, The Cheesecake Factory (the owner of North Italia and Flower Child), Jim N Nicks BBQ, and previously Corner Bakery, Il Fornaio, Naf Naf Middle Eastern Grill and Wingstop. Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc <BWLD.O> for $2.4 billion, . Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark 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. 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. Roark Capital Group serves customers in the United 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. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Buffalo Wild Wings also owned the Rusty Taco chain. 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. They keep their companies autonomous, but they understand how to control costs and focus on getting the profit margins up.. If its franchising, it better be great unit-level economics, or a franchisee would never get involved in it.. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. Our greater purpose reminds us to appreciate who we work hard for each daywhen Roark does well, more kids go to college, more research gets done for curing disease and the people who protect our streets and teach our kids get a better life. Some firms seek investments that fit into specific size parameters. Phone (404) 591-5200 from 8 AM - 9 PM ET. The following year, Focus Brands was formed to hold Roarks foodservice acquisitions. Roark Capital Group finalized its deal to acquire Buffalo Wild Wings for $2.9 billion on February 5. 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. Inspire Brands is majority-owned by affiliates of Roark Capital Group. Email this Business. Roark Capital founder Neal Aronson has helped the firm grow to include several premier quick-service companies, including CKE and Arbys. The Chicago-based company did not disclose terms of the deal or the identity of the investor group. 540 Madison Ave Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. 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. Atlanta, Georgia 30309 Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. Inspire Brands, Inc. is an American holding company and the owner and franchisor[7] of the Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Mister Donut, Dunkin' Donuts and Baskin-Robbins restaurant chains. B-Dubs might be going private. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. They have perfected their processes and deliver industry leading customer service. 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. Most of Carvels resources had been diverted to its supermarket business, which angered franchisees. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. www.roarkcapital.com, Roark Nov 2009 - Dec 202213 years 2 months. Win whats next. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. Romaniello and Hill say Arbys had started to turn around when Roark made the acquisition, but Aronson is more blunt in his assessment of the company, which was part of the Wendys/Arbys Group, led by investor Nelson Peltzs Triarc Co. Arbys was a messin menu, speed of service, cleanliness, physical box, focus, relationships, strategy, marketing, he says, ticking off the woes. 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. [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. ATLANTA OFFICE The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. He is my all-time favorite character in any book, Aronson says. We like growth, and were looking to invest in growth.. Roark is an Atlantabased private equity firm with $33 billion in assets under management. 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. 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. 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. We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. 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. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. 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. Phone (212) 806-6000 www.roarkcapital.com, Roark The fast . 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. The latest from Restaurant Business, sent straight to your inbox. Roark Capital Group is an Atlanta-based private equity firm with more than $1.5 billion in equity capital under management. What company owns Jimmy Johns? Arbys is the largest drive-thru sandwich chain in the United States. The firms first acquisition was Carvel in 2001 for $26 million. He now owns the Gulfstream G-IV with registration . Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. 1-800 Radiator is the largest franchised automotive parts distributor in North America. In its 13 years in existence, Roark has sold only three companies. 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. 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. ", 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.". They are like the Warren Buffett of restaurants.. They did some digging, and went straight to the source: Arby's Quality Assurance. 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 Inc. operates as a private equity firm. Sign up here. He has conviction, passion, unbelievable honesty, openness, and hes loyal and trustworthy. 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. 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. A winwinwin approach leads to a positive business environment where all stakeholders customers, employees, franchisees, strategic partners, service providers, management and shareholders share in the growth and success of our businesses. Now that you know who owns Wingstop, it probably doesn't come as a surprise that the original owner, Antonio Swad had been in the restaurant business since . By the time Focus Brands--an arm of Atlanta-based private equity firm, Roark Capital Group--took over the company in 2006 they had sold or closed all but one franchise. Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. ATLANTA OFFICE ATLANTA, July 22, 2013 /PRNewswire/ -- Roark Capital Group, an Atlanta -based private equity firm, announced today that an affiliate had acquired 65 unit Miller's Ale House . Suite 2500 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. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. If you work your tail off and follow the rules, you can be successful. We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. 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. 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. 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. Our portfolio companies span multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities. Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. By the end of the first year under Roark leadership, 21 new menu items were added. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. In 2016 Liautaud sold a majority share in the company to Roark Capital. Phone (404) 591-5200 Arby's restaurant owner Roark Capital Group will buy Buffalo Wild Wings for $2.4 billion, months after an activist investor won seats on the chicken wing restaurant's board following a proxy . 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. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. As of 2021, Wingstop makes a net income of about $42 million a year. In 1995, he helped launch 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. 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. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. Howard Roarks characteristics led to Roark Capitals 12 core values, including commitment, integrity, collaboration, and accountability. The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. 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. Roark prides itself on being a trusted partner for management and business owners. RB AMERICAN. Romaniello and Hill moved to Roark in 2008 to help with acquisitions and operations. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. . Fax (212) 518-2028 Roark Capital Group. Fax (212) 518-2028 AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. 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. 403 Veterans Blvd. That step will leave him with 2.4 million shares. Join the more than 1.5 million industry professionals who get our daily newsletter! Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. Article continues below . Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. A massive private equity firm, Atlanta-based Roark owns varied franchise brands including Anytime Fitness and Massage Envy, along with Inspire Brands and Focus . You can unsubscribe at any time by clicking on the unsubscribe link at the bottom of our emails. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. Founded in 2006, Streamline Brands is a leading franchisor and Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. refer to our Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. 1180 Peachtree Street NE 540 Madison Ave 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. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Take 5 Oil Change has a phenomenal brand, operating model, and team led by Marc. 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. 11.16.21 ROARK INVESTMENT Roark Capital Acquires Mathnasium READ MORE . Few of Arbys issues were present at CKE, which was acquired from private equity firm Apollo Global Management. Naf Naf Grill and an investor group bought out the minority ownership of Roark Capital. When the company was sold in 2000, it had three brands and some 500 hotels in all 50 states and five countries.
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