Phone (404) 591-5200 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. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. 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. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. Most compete in the quick-service sector, far downmarket from Cheesecakes turf. When the company was sold in 2000, it had three brands and some 500 hotels in all 50 states and five countries. Here's what Roark is offering, and what this means for the company, its shareholders and the struggling restaurant industry. In 2016, Liautaud sold an estimated 65% of the business to Inspire's parent company, the Atlanta-based private equity firm Roark Capital, in a deal that valued Jimmy John's at around $3 . Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. Some firms seek investments that fit into specific size parameters. By the end of the first year under Roark leadership, 21 new menu items were added. 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. How are the unit-level economics? Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Content warning: This article covers allegations of sexual assault. Roark Capital is an Atlanta-based private equity firm. They did some digging, and went straight to the source: Arby's Quality Assurance. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. 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. The firms first acquisition was Carvel in 2001 for $26 million. Focus added Schlotzskys in 2006, Moes Southwest Grill in 2007, and Auntie Annes in 2010. Finally, in 2015, the final answer to the previous question, who owned Wingstop? See Neal K Aronson's compensation, career history, education, & memberships. 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. No, Sonic is owned by Sega, who debuted the character in "Sonic The Hedgehog" for their Genesis console in 1991. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. 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. If capital and expertise are needed to help the brands grow, well provide that.. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Fax (404) 591-5201 The acquisitions are a team effort, Hill says, relying on Roarks operational, financial, and other resources. 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. Cinnabon and some franchising rights for Seattles Best Coffee were then acquired in 2004. from 8 AM - 9 PM ET. Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. 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. We want CKE to reach their potential, just like all of Roarks other brands, he says. Marcato, which owns a 6.4 percent stake in the wing chain, launched its campaign . Rating. Get todays need-to-know restaurant industry intelligence. The remaining 50,000 preferred Cheesecake shares will be converted to 2,448,381 common shares of the casual-dining company. Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. To this day, Wingstop is still under the Roark Capital Group. The transaction will apparently not cost Paul Ginsberg, Roark Capitals president, his seat on Cheesecakes board. 540 Madison Ave 1180 Peachtree Street NE For more information visit www.take5oilchange.com. Roark owns a huge stable of franchised restaurant brands through its two main holdings, Focus Brands and Inspire Brands. The company, which was sold by Roark Capital Group to Pandya Restaurant Growth Brands in October 2020, has two locations in San Antonio, Texas. Roarks other limited-service brands include Auntie Annes, Carvel Ice Cream, Cinnabon, Moes Southwest Grill, and Schlotzskysall of which are included under the Focus Brands umbrellaas well as Corner Bakery, McAlisters Deli, and Wingstop. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. Was decided. Their total assets, however, are around $250 million. As of 2021, Wingstop makes a net income of about $42 million a year. The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website. "Take 5 Oil Change is an ideal addition to our portfolio of brands. 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. 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 prides itself on partnering with entrepreneurs and executives who share this vision of growth and success across all stakeholders. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. 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. Others acquire companies, do some financial engineering, and then flip them after a few years. Stronger U is a digital, personalized nutrition-based health coaching services brand. Arbys is the largest drive-thru sandwich chain in the United States. In 2006, Brinker sold the company ( but still owns Maggiano's ), and Corner Bakery Cafe began franchising a year later. www.roarkcapital.com. 540 Madison Ave That's because we've stayed true to our core beliefs, our approach to investing and our commitment to community. I agree to receive PitchBook Data's electronic newsletters, updates, promotions and related messages He is my all-time favorite character in any book, Aronson says. 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. Mar 30, 2016, 11:48 ET. 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. Who owns capital music group? Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. Baseball Academy. Roark Capital founder Neal Aronson has helped the firm grow to include several premier quick-service companies, including CKE and Arbys. Roark Capital Group specializes in franchises in the food service, retail and consumer services industries. 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. 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. The company is in growth mode, targeting eight to 10 new openings a year. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. 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. 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. "We are excited to partner with Roark, an experienced investor in growing multi-unit businesses, to help us accelerate ICWG's growth," said Mike Smith, Executive Chairman of ICWG. Neal K Aronson is Managing Partner/Founder at Roark Capital Group. 37th Floor . Suite 2500 He follows what he believes.. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. 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. 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. The firm also provides the capital for operators to reach their goals. That step will leave him with 2.4 million shares. | Roark is an Atlantabased private equity firm with $35 billion in assets under management. They have perfected their processes and deliver industry leading customer service. 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. Take 5 CEO Marc Graham, who headed Take 5 Oil Change as CEO since 2013 and has more than 40 years of experience in the automotive aftermarket, will lead the Driven Brands Quick Lube division. The following year, Focus Brands was formed to hold Roarks foodservice acquisitions. It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says. They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE. Pet Valu is Canada's leading small-format specialty retailer of pet food and supplies, providing a wide selection of high quality pet products, together with friendly customer service and convenient store locations. Who owns roark capital group? 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 . US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. . Email this Business. Wingstop has a total market capitalization of a gigantic $4.73 billion! New York, NY 10022 An arm of Atlanta-based Roark Capital Group plans to buy ServiceMaster Brands for $1.55 billion within 30 to 60 days. Roarks strategy is to focus on a few industries and dive deeply into them, gaining knowledge and insight that is important to make acquisitions and providing expertise to its operating company managers, who typically hold an equity stake. Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. 1-800 Radiator is the largest franchised automotive parts distributor in North America. 1-800 Radiator is the largest franchised automotive parts distributor in North America. How a young private equity firm came to own 16 restaurant brands with $11 billion in systemwide sales. RB AMERICAN. Roark Capital Group , an Atlanta-based private equity firm, acquired Miller's Ale House, a growing casual dining restaurant chain, from owners Jack Miller, KarpReilly and SKM Equity Fund III. They are like the Warren Buffett of restaurants.. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. 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 . Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Roark is now one of the largest holding companies in foodservice, with brands ranging from Auntie Annes to Sonic, Jimmy Johns, Arbys, Moes Southwest Grill, Schlotzskys, Carvel, 50% of Culvers, Millers Ale House and Rusty Taco. Number 8860726. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. Driven Brands Holdings Inc, one of the largest U.S. auto services franchisers, is looking to raise as much as $760 million . Installation Made Easy coordinates the lead generation, sale, and installation of do-it-for-me home improvement projects on a nationwide basis on behalf of several of America's most respected home improvement and general merchandise "Big Box" retailers. Nov 2009 - Dec 202213 years 2 months. Roark Capital | 12,241 followers on LinkedIn. The buyback more than doubled Roark's initial investment. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark International House of Pancakes, LLC is a wholly-owned subsidiary of Dine Brands Global (NYSE: DIN). "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. Members help make our journalism possible. All of those characteristics have helped turn Roark into one of the biggest influencers in the quick-service industry. 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. 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. Neal Aronson founded Roark Capital in . In the U.S., ICWG operates under the banners of Car Wash USA Express, Goo-Goo, Zippy's, Car Wash Express, and Supersonic Car Wash. ICWG is committed to delivering consistent wash quality for the customer while minimizing the impact on the environment. Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. Description. 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 . Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Roark Capital Group is an Atlanta-based private equity firm with more than $1.5 billion in equity capital under management. Inspire Brands and Roark Capital Group own Arby's. The two companies are the parent organizations of Arby's. Inspire Brands is an American holding company and the owner and franchiser of many food industry companies, such as Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Rusty Taco, and others. In its 13 years in existence, Roark has sold only three companies. HOME serving 10,000+ campers per year. Atlanta, Georgia 30309 For 91 years, we've been helping people take control of their financial futures. 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 Denver company . 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. Suite 2500 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. The franchisees hated the company, says Romaniello, now a Roark managing partner. 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. None were restaurants. 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.. 2023 PitchBook. ATLANTA OFFICE The latest from Restaurant Business, sent straight to your inbox. 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 also owns nearly a dozen non-eatery franchise businesses. Were just not big believers in shortcuts, Aronson says. They are an extremely knowledgeable group, he says, noting that the firms buy-and-hold philosophy is important to him as a lender and franchisee. ATLANTA, Oct. 4, 2017 /PRNewswire/ -- Roark Capital Group, an Atlanta -based private equity firm focused on multi-unit consumer businesses, announced today that its affiliate has closed on the . ", 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. www.roarkcapital.com. 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.