who owns roark capital group

Bill Derwin, CEO of ICWG, said, "Roark brings a deep understanding of the consumer and an operational expertise that complements our business. 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. Phone (212) 806-6000 New York, NY 10022 The numbers on this page are based on contributions of $200 or more from PACs and individuals to federal candidates and from PAC, individual and soft . October 01, 2020 09:01 AM Eastern Daylight Time . 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. Greenwood Village, CO. Leeds West Groups (LWG) was founded in 2009 by current CEO and Board Member Judd Shader and is . In 2002, Massage Envy created a completely new category in the wellness industry and remains the industry leader in providing professional and affordable services that promote well-being through total body care. 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. Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . from 8 AM - 9 PM ET. Suite 2500 In 2002, Massage Envy created a completely new category in the wellness industry and remains the industry leader in providing professional and affordable services that promote well-being through total body care. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. The following year, Focus Brands was formed to hold Roarks foodservice acquisitions. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. Roark Capital founder Neal Aronson has helped the firm grow to include several premier quick-service companies, including CKE and Arbys. 37th Floor [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. Were just not big believers in shortcuts, Aronson says. FOCUS Brands is the parent company of Auntie Anne's, Carvel, Cinnabon, Jamba, McAlisters, Moe's Southwest Grill, Schlotzsky's and the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Roark Capital | 12,241 followers on LinkedIn. Franchise Systems, an Atlanta-based hotel franchisor that began with one brand and 22 hotels in nine states. Affiliates of Roark have invested in 56 franchise/multi-unit brands which collectively generate $21 billion in annual system revenues from 23,000 locations in 50 states and 75 countries. [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. With this acquisition, Driven Brands continues to expand its Quick Lube division, which also includes Pro Oil Change and Driven Florida Lubes. There hadnt been a new flavor in five years or a new product in eight. Contributions to 527s are not included in the Individuals, PACs, Soft (Indivs), or Soft (Orgs) columns, so the sum of these columns may not equal the Total column. Roark Capital Group acquired Corner Bakery in 2011 from Il Fornaio Corporation. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. Jimmy John's and Rusty Taco parent company has completed its acquisition of Dunkin' Brands Group for $11.3 billion (or . 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. [8] Inspire Brands is majority-owned by affiliates of Roark Capital Group. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring . Neal Aronson founded Roark Capital in . Cheesecake will then repurchase the stock for $446.9 million. 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. In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. NEW YORK OFFICE 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. In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. Will the Fast-Food Dining Room Live On After COVID? Luther is Arbys chairman. We want to partner with entrepreneurs and executives who share this vision. 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. Roark Portfolio Employees Assistance Fund. 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 . 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. Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. | Roark is an Atlantabased private equity firm with $35 billion in assets under management. Roark prides itself on being a trusted partner for management and business owners. us for more details. 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. Founded in 1988, U.S. Article continues below . Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Branson, MO 65616-2060. NEW YORK OFFICE 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. Atlanta, Georgia 30309 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 . 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. ABRA is a leading network of franchised automotive collision repair shops. The firm also provides the capital for operators to reach their goals. Youll see us sell some companies over time, and youll see us take some companies public. ORLANDO, Florida: Under recently reinstated CEO Bob Iger, Walt Disney Co. announced this week that it is cutting 7,000 jobs, or 3.6 percent of the company's global workforce, to save $5.5 billion in costs and seek to make its streaming business profitable. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Roark Capital is an Atlanta-based private equity firm. Content warning: This article covers allegations of sexual assault. 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.. It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says. from 8 AM - 9 PM ET. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. 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.. Join the more than 1.5 million industry professionals who get our daily newsletter! Jul 22, 2013, 08:00 ET. "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. Roark has plenty of capital now for its companies needs and to make additional acquisitions, but Aronson can see a fourth private equity fund down the road. Roark Capital Group General Information. Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows. Romaniello and Hill moved to Roark in 2008 to help with acquisitions and operations. Jimmy still owns 35%. Founded in 1972, Meineke is an automotive aftermarket industry pioneer and leading provider of repair and maintenance services. When typing in this field, a list of search results will appear and be automatically updated as you type. Morningstar Institutional Equity Research. [11] Brown expected that Inspire would acquire additional chains in different segments. 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 five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website. refer to our Howard Roarks characteristics led to Roark Capitals 12 core values, including commitment, integrity, collaboration, and accountability. 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. Inspire Brands, Inc. is an American holding company and the owner and franchisor of the Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Mister Donut, Dunkin' Donuts and Baskin-Robbins restaurant chains. 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. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring, business transfers, corporate divestiture, and other situations. . Nov 2009 - Dec 202213 years 2 months. GROUP. Media ContactBrandi Neloms, Sr. Communications Manager[emailprotected] 704-644-8151, Cision Distribution 888-776-0942 Roark has a history of creating jobs, providing opportunities, and helping people and companies realize their potential. Lying on the carpet are two more frames, holding announcements for the latest purchases, Carls Jr. and Hardees, made last December in a deal valued at about $1.7 billion. 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. Lines and paragraphs break automatically. For more information visit www.take5oilchange.com. Fax (404) 591-5201 Roark Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. 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. In 2006, Brinker sold the company ( but still owns Maggiano's ), and Corner Bakery Cafe began franchising a year later. READ MORE, Invest in Good is Roarks multi-faceted commitment to long-term social impact initiatives. 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. Rating. [24], Inspire received Franchise Times 2019 Dealmaker of the Year award for its acquisitions of Buffalo Wild Wings and Sonic Drive-In.[25]. 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. Roark's current brands include Anytime Fitness, Arby's, Atkins Nutritionals, Batteries Plus Bulbs, CKE Restaurants (the owner of Carl's Jr. and Hardee's), Corner Bakery, Driven Brands (the owner of Maaco, Meineke, CARSTAR, 1-800-Radiator and Take 5 Oil Change), Drybar, FOCUS Brands (the owner of Auntie Anne's Pretzels, Carvel Ice Cream, Cinnabon, McAlister's Deli, Moe's Southwest Grill, and Schlotzsky's), Great Expressions Dental Centers, Il Fornaio, Jimmy John's, Jim 'N Nick's, Massage Envy, Miller's Ale House, Naf Naf Grill, Orangetheory Fitness, Pet Retail Brands (the owner of Pet Supermarket and Pet Valu), Primrose Schools and Waxing the City.