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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. [23], On December 19, 2022, Inspire Brands announced that it had sold Rusty Taco to Gala Capital Partners, owner of Cicis Pizza, Dunn Brothers Coffee, and Mooyah. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. us for more details. 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. Roark Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. Theres just one distinction: Two dozen black-framed notices of the private equity firms acquisitions dot the walls along the narrow sides of the room. Arbys is the largest drive-thru sandwich chain in the United States. October 01, 2020 09:01 AM Eastern Daylight Time . Roark Capital Group acquired 81.5% of Arby's Restaurant Group in July 2011 and is now a majority-owner of Inspire Brands. We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. 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. 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 . 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. Elane served as Group President of Kimberly-Clark International and Global President of Kimberly . For more information visit www.take5oilchange.com. Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. 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. Billionaire Founder Of Jimmy John's Sells His Remaining - Forbes See Neal K Aronson's compensation, career history, education, & memberships. Were just not big believers in shortcuts, Aronson says. An arm of Atlanta-based Roark Capital Group plans to buy ServiceMaster Brands for $1.55 billion within 30 to 60 days. How a young private equity firm came to own 16 restaurant brands with $11 billion in systemwide sales. Roark Capital | LinkedIn US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. He has conviction, passion, unbelievable honesty, openness, and hes loyal and trustworthy. 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 . Founded in 1999, KE Camps is the leading operator of day camps for country clubs, Uniban is a leading network of glass repair and replacement service centers across North America. The boardroom at Roark Capital Groups 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. Buffalo Wild Wings' Owner Has Diverse Empire - Business Insider New York, NY 10022 from 8 AM - 9 PM ET. In the book, the character doesnt bow to conventional wisdom and is seen as an authentic innovator. Thats key. 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 focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Stronger U is a digital, personalized nutrition-based health coaching services brand. Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. Marcato, which owns a 6.4 percent stake in the wing chain, launched its campaign . Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Our Core Values define who we are, what we do and how we do it. He plans to structure the company similar to Hilton Hotels & Resorts. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. CHARLES WEST Net Worth $400 Million House Yacht The firm has $3 billion in capital under management, raised through three successively larger private-equity funds. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. Roark owns a huge stable of franchised restaurant brands through its two main holdings, Focus Brands and Inspire Brands. Sign up here. 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. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. Roark Capital Group Investor Profile: Portfolio & Exits | PitchBook 11.16.21 ROARK INVESTMENT Roark Capital Acquires Mathnasium READ MORE . Roark Capital founder Neal Aronson has helped the firm grow to include several premier quick-service companies, including CKE and Arbys. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". Its pretty exciting to be part of helping people realize their dreams, Aronson says of franchising. Roark Vacation Resort | Better Business Bureau Profile Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. For more information visit www.roarkcapital.com. For more information, please visit www.roarkcapital.com. 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. The Untold Truth Of Miller's Ale House - Mashed.com Roark Capital Acquires Nothing Bundt Cakes | Business Wire The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Driven Brands Holdings Inc, one of the largest U.S. auto services franchisers, is looking to raise as much as $760 million . Baseball Academy. Roark Capital Acquires ServiceMaster for $1.5 Billion Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. 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. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. As the Atlanta-based private equity firm that owns Massage Envy, Roark Capital Group published a plan in 2017 to address the . [8] Inspire Brands is majority-owned by affiliates of Roark Capital Group. 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. 10 Companies That Own Your Favorite Chain Restaurants - The Daily Meal That's because we've stayed true to our core beliefs, our approach to investing and our commitment to community. Who is corner bakery owned by? Who Owns Wingstop? How It Started - Under30CEO [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. Our team will review your remarks prior to publishing. The remaining 50,000 preferred Cheesecake shares will be converted to 2,448,381 common shares of the casual-dining company. 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 previously announced acquisition of UK-based International Car Wash Group from TDR Capital LLP. 8 Secrets Buffalo Wild Wings Doesn't Want You to Know 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. 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Responsibilities. Theyre all different, and so I think weve gotten better at it, he says. ABRA is a leading network of franchised automotive collision repair shops. Mar 30, 2016, 11:48 ET. Baseball Academy. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark The Denver company . 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. 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CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. 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. The firms first acquisition was Carvel in 2001 for $26 million. In addition to the franchise brands it owns, the Italian company also designs, makes and distributes fashion, luxury and sports eyewear under almost 20 brand names such as Ray-Ban . Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. 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. 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. Who Owns Who in Franchising? Over 50 of the Most Popular Franchise 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. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. 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.. Roark Capital Acquires ServiceMaster Brands | ServiceMaster Our portfolio companies span multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities. How Roark Capital's Neal Aronson won over franchisees to build a $54 billion fast-food juggernaut with brands like Arby's, Dunkin', and Buffalo Wild Wings. "Arby's Restaurant Group" redirects here. serving 10,000+ campers per year. The private-equity firm helped turn around Arby's after buying a majority stake in 2011. The acquisitions are a team effort, Hill says, relying on Roarks operational, financial, and other resources. Corner Bakery sold to Pandya Restaurant group CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. Roark Capital Group Inc - Company Profile and News Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. Fax (404) 591-5201 Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. The following year, Focus Brands was formed to hold Roarks foodservice acquisitions. . 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 company said Wednesday. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. 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 . Article continues below . 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 Capital Group Inc. operates as a private equity firm. 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. It was founded by Jimmy John Liautaud in 1983 and is headquartered in Champaign, Illinois. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. We look forward to partnering and helping accelerate their growth plans. Suite 2500 In October 2020, Pandya Restaurant Growth Brands, part of Rohan Group of Cos., owned by real estate investor and restaurant operator Jignesh Pandya of Newtown, Pennsylvania, acquired Corner Bakery . Take 5 Oil Change has a phenomenal brand, operating model, and team led by Marc. Inside Roark Capital | QSR magazine About 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. 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. Roark focuses on middle market investment opportunities through family-owned business transfers, management and corporate buyouts . Roark Capital-owned Driven Brands targets over $3 bln valuation in IPO. 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. For the restaurant, see, "Jimmy John's Sale To Inspire Brands Now Complete", "Why Fast Food's Smartest Operator Is Expanding When Business Is Terrible", "Wendy's sells stake in Arby's owner for $450 million", "Arby's owner beefs up portfolio, eating up another fast-food franchise", "Arby's, Buffalo Wild Wings new parent Inspire Brands debuts", "Arby's closes deal for Buffalo Wild Wings, makes new company", "Arby's CEO: We're Not Done Buying Brands After BWW", "Wendy's Sells Inspire Brands Stake for $450 Million", "Inspire Brands reveals plans for its 3rd brand, now Rusty Taco", "Inspire Brands bringing 1,100 jobs, $32 million to Sandy Springs", "Inspire Brands to buy Sonic Corp. for $2.3B", "Arby's owner Inspire Brands buys Jimmy John's", "Inspire completes purchase of Jimmy John's", "Dunkin' closes in on $9bn sale to Inspire Brands", "Inspire Brands to Acquire Dunkin' Brands Group for $11.3 Billion Including Debt", "Inspire Brands Completes Acquisition of Dunkin' Brands", "Inspire Brands sells Rusty Taco to the owner of Cicis Pizza", "Art of the deal panel to highlight FFGC", https://en.wikipedia.org/w/index.php?title=Inspire_Brands&oldid=1139069937, Companies based in Sandy Springs, Georgia, 2018 establishments in Georgia (U.S. state), Economy of the Southeastern United States, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 13 February 2023, at 05:48. All rights reserved. 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. As chief financial officer at U.S. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. The franchisees hated the company, says Romaniello, now a Roark managing partner. 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. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark Portfolio Employees Assistance Fund. 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. 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. Email this Business. Atkins Nutritionals Up For Sale - WSJ