Fax (404) 591-5201 [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. 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. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. Founded in 1984, Take 5 Oil Change operates 65 quick oil change facilities across nine states throughout the Southeast. who owns ihop Official 2023 The deal shocked an industry already stunned by the unprecedented market changes they were seeing as coronavirus shut down much of the nation. [8] Inspire Brands is majority-owned by affiliates of Roark Capital Group. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. "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. Phone (404) 591-5200 . Roark Capital Group owns other dining-out favorites, including Arby's, Auntie Anne's, Cinnabon, Carvel Ice Cream, Moe's Southwest Grill, and Wingstop. Founded in 2001, Roark Capital Group is a private equity firm based in Atlanta, Georgia. Suite 2500 HOME 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. . 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. Founded in 1972, Meineke is an automotive aftermarket industry pioneer and leading provider of repair and maintenance services. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. The fast . 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. 1180 Peachtree Street NE There were four CEOs in six years, a problem Aronson blames on previous ownership. There hadnt been a new flavor in five years or a new product in eight. The latest from Restaurant Business, sent straight to your inbox. 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. 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. What are zingers at miller's ale house? Explained by Sharing Culture Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . Roark owns a huge stable of franchised restaurant brands through its two main holdings, Focus Brands and Inspire Brands. Roark Capital Acquires ServiceMaster Brands. Cheesecake will then repurchase the stock for $446.9 million. The acquisitions are a team effort, Hill says, relying on Roarks operational, financial, and other resources. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Web page addresses and e-mail addresses turn into links automatically. 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. They are like the Warren Buffett of restaurants.. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com In 1995, he helped launch U.S. The moves largely undo Roarks $200 million equity investment in Cheesecake back in April 2020, when the pandemic was just beginning. The remaining 50,000 preferred Cheesecake shares will be converted to 2,448,381 common shares of the casual-dining company. Uniban is a leading network of glass repair and replacement service centers across North America. 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 . Judd Kyle Shader - Founder & Executive Chairman - LinkedIn Nash had a tough exterior, but he was honest and off-the-chart smart, so he gave you great advice. He was also Roarks biggest early investor. Previously, Okeson was a partner at Alston & Bird LLP in Atlanta, Georgia, where he spent 15 years specializing in corporate governance, mergers and acquisitions . 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. www.roarkcapital.com, Roark Portfolio Employees Assistance Fund. 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. Owned by private equity firm Roark Capital Group, CKE Restaurants was founded in 1966 with the opening of Carl's Jr. Clean Franchise Brands : Year Formed: 2021: . READ MORE, Roark was named after Howard Roark, the protagonist in Ayn Rand's book The Fountainhead. Wingstop decided to go entirely public with an IPO (Initial Public Offering) of $19 for a share. 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. Cinnabon and some franchising rights for Seattles Best Coffee were then acquired in 2004. NEW YORK OFFICE Focus added Schlotzskys in 2006, Moes Southwest Grill in 2007, and Auntie Annes in 2010. New York, NY 10022 Others acquire companies, do some financial engineering, and then flip them after a few years. 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. Finally, in 2015, the final answer to the previous question, who owned Wingstop? He now owns the Gulfstream G-IV with registration . 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. Roark focuses on investments in consumer and business service companies, with a specialization in franchise and franchise-like business models. Please Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Youll see us sell some companies over time, and youll see us take some companies public. That's because we've stayed true to our core beliefs, our approach to investing and our commitment to community. Roark Capital Acquires ServiceMaster Brands | Business Wire Was decided. 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 firms first acquisition was Carvel in 2001 for $26 million. Jul 22, 2013, 08:00 ET. Roark Capital Group Acquires Miller's Ale House - PR Newswire 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. For more information visit www.take5oilchange.com. 1-800 Radiator is the largest franchised automotive parts distributor in North America. 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. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. We dont know when yet, but it will happen, he says. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". We want to partner with entrepreneurs and executives who share this vision. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. 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. Nov 2009 - Dec 202213 years 2 months. An arm of Atlanta-based Roark Capital Group plans to buy ServiceMaster Brands for $1.55 billion within 30 to 60 days. As of 2021, Wingstop makes a net income of about $42 million a year. Under the terms of the transaction, affiliates of Roark Capital Group will pay $157 a share for Buffalo Wild Wings, just a few dollars more than the $150 price that the company traded at on the . He plans to structure the company similar to Hilton Hotels & Resorts. Later on, it was sold to the Roark Capital Group back in 2010. This outlook helps makes Roark successful, says Lex Lane, Wingstop franchisee and vice president and business development officer at United Capital Business Lending in suburban Baltimore.