Suite 2500 403 Veterans Blvd. Roark Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. 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. These are very smart people, he says. 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. Stronger U is a digital, personalized nutrition-based health coaching services brand. Who owns roark capital group? Registered in England and Wales. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. 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. 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. October 01, 2020 09:01 AM Eastern Daylight Time . from 8 AM - 9 PM ET. Founded in 2001, Roark Capital Group is a private equity firm based in Atlanta, Georgia. They did some digging, and went straight to the source: Arby's Quality Assurance. 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. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. Some firms seek investments that fit into specific size parameters. 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. 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. 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. www.roarkcapital.com, Roark Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. 540 Madison Ave 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 . Private-equity firm Roark Capital Group, which owns Atkins, is gearing up to seek a buyer for the low-carbohydrate-diet pioneer, according to people familiar with the matter. Here's what Roark is offering, and what this means for the company, its shareholders and the struggling restaurant industry. Roark Capital Acquires Fitness Connection. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. An arm of Atlanta-based Roark Capital Group plans to buy ServiceMaster Brands for $1.55 billion within 30 to 60 days. 37th Floor 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. ", 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.". How a young private equity firm came to own 16 restaurant brands with $11 billion in systemwide sales. For more information visit www.take5oilchange.com. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. Founded in 1972, Meineke is an automotive aftermarket industry pioneer and leading provider of repair and maintenance services. 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. Roark is an Atlantabased private equity firm with $33 billion in assets under management. 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. Franchisees trust in the owners rose dramatically. Latest Addition to Driven Brands Strengthens Leadership Position in Automotive Aftermarket Services Industry. Founded in 1999, KE Camps is the leading operator of day camps for country clubs, Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. The transaction will apparently not cost Paul Ginsberg, Roark Capitals president, his seat on Cheesecakes board. New York, NY 10022 In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. RB AMERICAN. "Arby's Restaurant Group" redirects here. We dont know when yet, but it will happen, he says. Focus added Schlotzskys in 2006, Moes Southwest Grill in 2007, and Auntie Annes in 2010. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. Some investors, including university endowments and investment managers, have invested in all three, a sign of Roarks performance. 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 has a history of creating jobs, providing opportunities, and helping people and companies realize their potential. As of Dec 2022, the chains that the company owns and/or operates include: On this Wikipedia the language links are at the top of the page across from the article title. 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. Sign up here. Fax (212) 518-2028 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. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. Their total assets, however, are around $250 million. Roark managing partner Neal Aronson will retain control of a 4.6% stake. 1-800 Radiator is the largest franchised automotive parts distributor in North America. Take 5 Oil Change has a phenomenal brand, operating model, and team led by Marc. Is Arby's Roast Beef real or processed meat? International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans. Roark Capital Group specializes in franchises in the food service, retail and consumer services industries. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. At Roark, that patience is being tested with Arbys. READ MORE, Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark He refuses to follow fads, trends, or popularity. Thats key. We are delighted to be a part of the Roark family. "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. Wingstop decided to go entirely public with an IPO (Initial Public Offering) of $19 for a share. Romaniello became the operating partner, and Hill was added as vice president of franchising and foodservice. No, Sonic is owned by Sega, who debuted the character in "Sonic The Hedgehog" for their Genesis console in 1991. Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Merry Maids is a leading franchisor and provider of home cleaning services. Who owns capital music group? There were four CEOs in six years, a problem Aronson blames on previous ownership. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. In the announcement, ServiceMaster says: "The transaction will position the . The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring . 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. 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. Naf Naf Grill and an investor group bought out the minority ownership of Roark Capital. Finally, in 2015, the final answer to the previous question, who owned Wingstop? ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. 11.16.21 ROARK INVESTMENT Roark Capital Acquires Mathnasium READ MORE . Roark has acquired. 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 company, which was sold by Roark Capital Group to Pandya Restaurant Growth Brands in October 2020, has two locations in San Antonio, Texas. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. Maintaining Automated Tests in TAF for V1 platform for API testing Morningstar Institutional Equity Research. 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. Arbys same-store sales rose 2.8 percent last year and have grown every quarter since Roark acquired the chain. He follows what he believes.. I called Neal and said, What have you gotten me into? Romaniello says. In 2016 Liautaud sold a majority share in the company to Roark Capital. Visit Website. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. Phone (212) 806-6000 READ MORE, Invest in Good is Roarks multi-faceted commitment to long-term social impact initiatives. 1-800 Radiator is the largest franchised automotive parts distributor in North America. Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark Portfolio Employees Assistance Fund. Phone (212) 806-6000 [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. Today the only other restaurantchain Golden Gate owns besides Red Lobster is California Pizza Kitchen, but their portfolio includes lots of non-restaurant companies, including Eddie Bauer, Payless, and J. Jill. privacy policy or contact US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. About Take 5 Oil ChangeTake 5 Oil Change has been serving customers for more than 30 years. Will the Fast-Food Dining Room Live On After COVID? Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. 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. The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. Previously, Okeson was a partner at Alston & Bird LLP in Atlanta, Georgia, where he spent 15 years specializing in corporate governance, mergers and acquisitions . Roark also owns nearly a dozen non-eatery franchise businesses. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Buffalo Wild Wings also owned the Rusty Taco chain. . Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. He now owns the Gulfstream G-IV with registration . 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. 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. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark As a private equity company, we will need to, and will divest companies, Aronson says. 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. They understand franchising, and they know brands and understand branding. Stronger U is a digital, personalized nutrition-based health coaching services brand. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. Author has 4.2K answers and 3.1M answer views. Franchise Systems, Aronson interacted regularly with two other executives, Steven Romaniello and Geoff Hill, who would later fill important operating and managing roles at Focus Brands and Roark. NEW YORK OFFICE Marcato, which owns a 6.4 percent stake in the wing chain, launched its campaign . us for more details. Branson, MO 65616-2060. That is part of our obligation to our investors.. The mid-sized private equity firm has become a major player in the restaurant industry, says Darren Tristano, vice president of Technomic Inc., a restaurant market research firm. It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. . Through its ownership of Fox Restaurant Group, a concept incubator, it also holds the rights to develop Flower Child, Culinary Dropout, Fly Bye and a host of other small brands. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. 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. 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. 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. If capital and expertise are needed to help the brands grow, well provide that.. Our business services investments have included Divisions Maintenance Group, Driven Brands,ServiceMaster Brands, Installation Made Easy, and previously Solterra Recycling Solutions, Batteries Plus Bulbs, CyberCore, FASTSIGNS, Money Mailer, Peachtree Business Products, PSC, Quala, Waste Pro, and GFL Environmental. CHARLOTTE, N.C., March 30, 2016 /PRNewswire/ -- Driven Brands, a portfolio company of Roark Capital and the nation's leading automotive franchisor . 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. GROUP. Roark Capital Acquires ServiceMaster Brands. The stake will be controlled by Roark founder and managing partner Neal Aronson, according to securities documents filed Monday. Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. 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. 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. You don't drive past their logos every time you leave the house. Members help make our journalism possible. Our team will review your remarks prior to publishing. ATLANTA OFFICE Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. What company owns Jimmy Johns? When the company was sold in 2000, it had three brands and some 500 hotels in all 50 states and five countries. ABRA is a leading network of franchised automotive collision repair shops. Arbys is the largest drive-thru sandwich chain in the United States. The Denver company . Our portfolio companies span multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities. . The firm also provides the capital for operators to reach their goals. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. We look forward to partnering and helping accelerate their growth plans. Atlanta, Georgia 30309 Roark Capital Group finalized its deal to acquire Buffalo Wild Wings for $2.9 billion on February 5. 37th Floor The company is in growth mode, targeting eight to 10 new openings a year. If you work your tail off and follow the rules, you can be successful. Driven Brands has more than 2,000 centers across North America, and combined, all businesses generate more than $2.1 billion in system sales. 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. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors.

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