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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. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. . Roark Capital Acquires Fitness Connection - prnewswire.com www.roarkcapital.com, Roark Portfolio Employees Assistance Fund. Buffalo Wild Wings also owned the Rusty Taco chain. Roark Capital Acquires ServiceMaster Brands | Business Wire The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. READ MORE, Invest in Good is Roarks multi-faceted commitment to long-term social impact initiatives. Roark Capital Group is an Atlanta-based private equity firm with more than $1.5 billion in equity capital under management. 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. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. 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. 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. . 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 . [24], Inspire received Franchise Times 2019 Dealmaker of the Year award for its acquisitions of Buffalo Wild Wings and Sonic Drive-In.[25]. [18], Inspire Brands announced that it was buying Jimmy John's on September 25, 2019. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. ABRA is a leading network of franchised automotive collision repair shops. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark We want CKE to reach their potential, just like all of Roarks other brands, he says. Driven Brands is the largest automotive services company in North America. Wingstop decided to go entirely public with an IPO (Initial Public Offering) of $19 for a share. In its 13 years in existence, Roark has sold only three companies. Roark Capital Group owns other dining-out favorites, including Arby's, Auntie Anne's, Cinnabon, Carvel Ice Cream, Moe's Southwest Grill, and Wingstop. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". Atlanta-based private-equity Roark Capital Group invested in the concept in 2015. Who owns roark capital group? - Alexa Answers Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. The New Jersey State Investment Council, which manages investments in seven public pension funds, committed up to $100 million to the private equity firms latest fund in 2012 after the agencys staff cited Roarks impressive track record and strong returns. Bill Derwin, CEO of ICWG, said, "Roark brings a deep understanding of the consumer and an operational expertise that complements our business. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Theyre very entrepreneurial., Besides, he says, theyre just plain good guys.. None were restaurants. Quick Answer: Does Corner Bakery have bagels? - De Kooktips - Homepage www.roarkcapital.com. Miller's appears to be in good hands with its current owners. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. 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. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. Driven Brands Holdings Inc, one of the largest U.S. auto services franchisers, is looking to raise as much as $760 million . Roark Capital Group acquired 81.5% of Arby's Restaurant Group in July 2011 and is now a majority-owner of Inspire Brands. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. 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. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. 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. Who owns roark capital group? Our portfolio companies span multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities. He has conviction, passion, unbelievable honesty, openness, and hes loyal and trustworthy. The brand was named a Nations Restaurant News Hot Concept in 2016. About Roark Capital Group. Aronson launched the firm in 2001 and named it for Howard Roark, the protagonist architect in Ayn Rands novel, The Fountainhead. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. Branson, MO 65616-2060. Working At Arby's: Employee Reviews And Culture - Zippia Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. That is part of our obligation to our investors.. HOME Here's what Roark is offering, and what this means for the company, its shareholders and the struggling restaurant industry. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. [11] Brown expected that Inspire would acquire additional chains in different segments. Is Arby's Roast Beef real or processed meat? US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. . 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. 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.. In 2016 Liautaud sold a majority share in the company to Roark Capital. He now owns the Gulfstream G-IV with registration . ICWG operates under the IMO banner in Europe and Asia-Pacific. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. 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. Neal K Aronson is Managing Partner/Founder at Roark Capital Group. 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. 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. RB American is the largest Arby's franchisee, operating 370 restaurants across 9 states. SONIC is the largest drive-in chain in the United States, well-known for its unique drive-in format, carhop service model, and broad menu of food and beverages with over 1.3 million drink combinations. Finally, in 2015, the final answer to the previous question, who owned Wingstop? 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. The moves largely undo Roarks $200 million equity investment in Cheesecake back in April 2020, when the pandemic was just beginning. 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 . Lines and paragraphs break automatically. Few of Arbys issues were present at CKE, which was acquired from private equity firm Apollo Global Management. Merry Maids is a leading franchisor and provider of home cleaning services. Roark :: About Our Name - Roark Capital Group International House of Pancakes, LLC is a wholly-owned subsidiary of Dine Brands Global (NYSE: DIN). 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. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. Ron Ruggless | Oct 29, 2020. www.roarkcapital.com, Roark Roark :: Current Investments - Roark Capital Group 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 . Thats key. As of 2021, Wingstop makes a net income of about $42 million a year. Fax (404) 591-5201 AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. NEW YORK OFFICE 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. If you work your tail off and follow the rules, you can be successful. What company owns Jimmy Johns? As chief financial officer at U.S. Phone (404) 591-5200 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 . The stake will be controlled by Roark founder and managing partner Neal Aronson, according to securities documents filed Monday. 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. Suite 2500 Merry Maids is a leading franchisor and provider of home cleaning services. Inside Roark Capital | QSR magazine Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. 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. No, Sonic is owned by Sega, who debuted the character in "Sonic The Hedgehog" for their Genesis console in 1991. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. 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. Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Phone (212) 806-6000 Roark Capital Group specializes in franchises in the food service, retail and consumer services industries. 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. For more information, visit www.DrivenBrands.com. All rights reserved. Roark Capital Portfolio Company Driven Brands Acquires Take 5 Oil Change Founded in 1999, KE Camps is the leading operator of day camps for country clubs, ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . "We are actively expanding our footprint through the strategic acquisition of top-performing, complementary auto aftermarket services companies," said Jonathan Fitzpatrick, CEO of Driven Brands. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. While the firm has not sold any of its restaurant companies yet, that time will come. 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. from 8 AM - 9 PM ET. There hadnt been a new flavor in five years or a new product in eight. U.S. Roark Capital Group is an American private equity firm with over $33 billion in assets under management. ", 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. Naf Naf Grill, investor group buy out Roark ownership 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.