If its franchising, it better be great unit-level economics, or a franchisee would never get involved in it.. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. "Arby's Restaurant Group" redirects here. Fax (212) 518-2028 Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". Phone (212) 806-6000 Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. Following Roark Capital Group's acquisition of Arby's in 2011, Okeson remained with Arby's as General Counsel while assuming additional senior management responsibilities. 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. Arbys is the largest drive-thru sandwich chain in the United States. He plans to structure the company similar to Hilton Hotels & Resorts. Roark Capital Group, the owner of restaurant chain Arby's, plans to buy Buffalo Wild Wings for $2.4 billion. Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. Aronson launched the firm in 2001 and named it for Howard Roark, the protagonist architect in Ayn Rands novel, The Fountainhead. 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 following year, Focus Brands was formed to hold Roarks foodservice acquisitions. While the firm has not sold any of its restaurant companies yet, that time will come. "With this partnership, we have access to world-class technology, purchasing power, operational support and resources that will enable us to accelerate our growth and success.". 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. Before launching Roark Capital, he was the co-founder and CFO of US Franchise Systems, an owner and operator of hotel brands that increased its holdings more than 20-fold under his leadership. 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. . Take 5 Oil Change represents the 5th acquisition for Driven Brands in the year since Roark Capital acquired the business, expanding the collective brands' footprint to more than 2,000 locations in the U.S. About Driven BrandsDriven Brands, headquartered in Charlotte, NC, is the parent company of North America's leading automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers and Merlin 200,000 Mile Shops; Paint & Collision, housing Maaco, CARSTAR North America and Drive N Style; Distribution, housing 1-800-Radiator & A/C; and Quick Lube, housing Pro Oil Change, Econo Lube N' Tune, Driven Florida Lubes and Take 5 Oil Change. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. 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. At Roark, that patience is being tested with Arbys. 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. Theyre very entrepreneurial., Besides, he says, theyre just plain good guys.. Who owns the most Arby's franchises? This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. We dont know when yet, but it will happen, he says. www.roarkcapital.com, Roark I called Neal and said, What have you gotten me into? Romaniello says. Roark Portfolio Employees Assistance Fund. In 2006, Brinker sold the company ( but still owns Maggiano's ), and Corner Bakery Cafe began franchising a year later. 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. The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. Roark Capital Group is buying the 37-unit Jim 'N Nick's Bar-B-Q, the company said on Monday, in a deal that gives the Atlanta-based, private-equity group its 20th restaurant brand. 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. Similar Questions. ATLANTA OFFICE The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. ICWG operates under the IMO banner in Europe and Asia-Pacific. 37th Floor What are the characteristics of that concept? Ron Ruggless | Oct 29, 2020. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Naf Naf Grills website lists 39 locations in eight states, including Illinois, Indiana, Minnesota, New Jersey, Ohio, Pennsylvania, Tennessee and Wisconsin. If capital and expertise are needed to help the brands grow, well provide that.. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. 1180 Peachtree Street NE Suite 2500 Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. Roark also owns nearly a dozen non-eatery franchise businesses. Content warning: This article covers allegations of sexual assault. 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. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. [18], Inspire Brands announced that it was buying Jimmy John's on September 25, 2019. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Founded in 1965, ICWG is the world's largest conveyor car wash company currently operating in 14 countries around the globe, washing more than 35 million cars every year through a network of more than 900 locations. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . 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. 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 . Email this Business. Web page addresses and e-mail addresses turn into links automatically. 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 . Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. Their total assets, however, are around $250 million. from 8 AM - 9 PM ET. 403 Veterans Blvd. Jimmy John's and Rusty Taco parent company has completed its acquisition of Dunkin' Brands Group for $11.3 billion (or . Theres also Green Burrito and Red Burrito, which cobrand with some Carls Jr. and Hardees, while Roark also franchises Seattles Best Coffee internationally. Greenwood Village, CO. Leeds West Groups (LWG) was founded in 2009 by current CEO and Board Member Judd Shader and is . regarding PitchBook Data's products. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring, business transfers, corporate divestiture, and other situations. Suite 2500 Buffalo Wild Wings also owned the Rusty Taco chain. Youll see us sell some companies over time, and youll see us take some companies public. Take 5 Oil Change has a phenomenal brand, operating model, and team led by Marc. 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 . Aronson began his career in investment banking and private equity in New York, working for several firms, including hedge fund Odyssey Partners. 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. Roark prides itself on being a trusted partner for management and business owners. 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. www.roarkcapital.com. The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. New York, NY 10022 Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. . Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. Roark Capital Group owns other dining-out favorites, including Arby's, Auntie Anne's, Cinnabon, Carvel Ice Cream, Moe's Southwest Grill, and Wingstop. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com When I talked to Jack, he yelled at me and shamed me into starting Roark, Aronson says. There was talent at Carvel that Cinnabon could benefit from, and talent at Cinnabon that Carvel could use.. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. (417) 334-3196. [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. They have perfected their processes and deliver industry leading customer service. Affiliates of Roark have acquired 55 franchise/multi-unit brands which generated approximately $21 billion in system revenues from 23,000 locations located in 50 states and 75 countries. Founded in 1988, U.S. Our Core Values define who we are, what we do and how we do it. 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. None were restaurants. [17] The acquisition was completed on December 7, 2018. Atlanta, Georgia 30309 Founded in 2001, Roark Capital Group is a private equity firm based in Atlanta, Georgia. Founded in 1972, Meineke is an automotive aftermarket industry pioneer and leading provider of repair and maintenance services. Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. 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. Thats key. Atlanta, Georgia 30309 Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Baskin-Robbins, the worlds largest chain of ice cream specialty shops, is known for its variety of 31 flavors of ice cream, along with their creative ice cream cakes, milkshakes, and ice cream sundaes. [21][22] The acquisition was completed on December 15, 2020. Private equity often involves deals of dizzying size to buy companies your average consumer has never heard of. Romaniello and Hill moved to Roark in 2008 to help with acquisitions and operations. 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. Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. It was the public. Bill Derwin, CEO of ICWG, said, "Roark brings a deep understanding of the consumer and an operational expertise that complements our business. In 2016 Liautaud sold a majority share in the company to Roark Capital. Roark Capital is an Atlanta-based private equity firm. Founder & Chief Executive Officer. The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans. Our consumer products and services investments have included Driven Brands (the owner of ABRA, ATI, CARSTAR, International Car Wash Group, Maaco, Meineke, Take 5, Uniban, 1800 Radiator, Auto Glass Now, and others), ServiceMaster Brands (the owner of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic, AmeriSpec, and Two Men and a Truck), Pet Supermarket, Pet Valu, Orangetheory Fitness, Massage Envy, Mathnasium, Primrose Schools, Self Esteem Brands (the owner of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, and Stronger U), Fitness Connection, Youth Enrichment Brands (the owner of US Sports Camps, US Baseball Academy, i9 Sports, Streamline Brands and KE Camps), Great Expressions Dental Centers, and previously Atkins Nutritionals, Batteries Plus Bulbs, Drybar, FASTSIGNS, and US Franchise Systems. 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. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. 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. North Italia is a modern interpretation of Italian cooking in the upscale casual dining segment, offering a variety of dishes that are handmade from scratch daily. Roark Capital Group specializes in franchises in the food service, retail and consumer services industries.