who owns roark capital group

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. Phone (212) 806-6000 Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Our goal is to be the preferred capital source for private equity solutions by earning the respect of everyone we interact with. . 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. Naf Naf Grill and an investor group bought out the minority ownership of Roark Capital. Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Youll see us sell some companies over time, and youll see us take some companies public. We look forward to partnering and helping accelerate their growth plans. "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. 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. 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. Stronger U is a digital, personalized nutrition-based health coaching services brand. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. Our Core Values define who we are, what we do and how we do it. READ MORE, Roark was named after Howard Roark, the protagonist in Ayn Rand's book The Fountainhead. [15], On August 16, 2018, The Wendy's Company announced that it sold its 12.3% stake in Inspire Brands back to the company for $450 million, which included a 38% premium over the stake's most recent valuation. "Arby's Restaurant Group" redirects here. 37th Floor ATLANTA OFFICE Roark Capital Group General Information. 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. Founded in 2003, i9 Sports is a leading franchisor of community-based, multi-sport leagues for children ages 3-14, serving over 3 million kids since inception. 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. It met Roarks expertise then: a franchised business in the hospitality arena. Author has 4.2K answers and 3.1M answer views. 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. No, Sonic is owned by Sega, who debuted the character in "Sonic The Hedgehog" for their Genesis console in 1991. Phone (212) 806-6000 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. A massive private equity firm, Atlanta-based Roark owns varied franchise brands including Anytime Fitness and Massage Envy, along with Inspire Brands and Focus . 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. Theres also Green Burrito and Red Burrito, which cobrand with some Carls Jr. and Hardees, while Roark also franchises Seattles Best Coffee internationally. [17] The acquisition was completed on December 7, 2018. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. Some firms seek investments that fit into specific size parameters. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. Responsibilities. Today, we're one of the world's largest investment management organizations, managing $2.2 trillion.*. "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.". 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. Divisions Maintenance Group is a tech-based provider of integrated facilities maintenance services for prominent retail chains, pharmacies, grocery stores, warehouses, distribution centers, and REITs across more than 46,000 locations in all 50 states. ATLANTA & MEMPHIS, TENN. (BUSINESS WIRE) Roark Capital, an Atlanta-based private equity firm focused on investing in franchised and multi-location businesses, announced today that its affiliate has acquired ServiceMaster Brands.ServiceMaster Brands, one of the nation's leading providers of residential and commercial restoration and cleaning services, operates a network of over 1,850 . Our team will review your remarks prior to publishing. 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. Roark Capital-owned Driven Brands targets over $3 bln valuation in IPO. . We look first at the brand and the company, he says. Web page addresses and e-mail addresses turn into links automatically. 1180 Peachtree Street NE Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Nov 2009 - Dec 202213 years 2 months. And that someone, who snapped the company up in early 2018, was Roark Capital, also the owner of the fast-food company Arby's, which has been pegged as one of the least respected fast-food chains . RB American is the largest Arby's franchisee, operating 370 restaurants across 9 states. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. Roark managing partner Neal Aronson will retain control of a 4.6% stake. 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 . The brand was named a Nations Restaurant News Hot Concept in 2016. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. Roark differs in many ways from other private equity companies. [9] On August 28, 2018, Georgia Governor Nathan Deal announced that Inspire was moving its headquarters to Sandy Springs, Georgia in 2019. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. How are the unit-level economics? At Roark, we believe the best way to create value is to form a close partnership with outstanding operating executives and a value-added Board of Directors. Neal Aronson founded Roark Capital in . Miller's appears to be in good hands with its current owners. 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. 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. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Private equity often involves deals of dizzying size to buy companies your average consumer has never heard of. 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. Divisions Maintenance Group is a tech-based provider of integrated facilities maintenance services for prominent retail chains, pharmacies, grocery stores, warehouses, distribution centers, and REITs across more than 46,000 locations in all 50 states. 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. Bill Derwin, CEO of ICWG, said, "Roark brings a deep understanding of the consumer and an operational expertise that complements our business. www.roarkcapital.com, Roark . Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. Roark is an Atlantabased private equity firm with $33 billion in assets under management. 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. Fax (404) 591-5201 Join the more than 1.5 million industry professionals who get our daily newsletter! Roark prides itself on being a trusted partner for management and business owners. 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. Fax (212) 518-2028 What are the characteristics of that concept? Global network of franchises providing janitorial services, carpet cleaning, hard surface floor care, tile and grout cleaning, and upholstery cleaning. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. 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. Arbys is the largest drive-thru sandwich chain in the United States. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Founded in 2001, Roark Capital Group is a private equity firm based in Atlanta, Georgia. Is Arby's Roast Beef real or processed meat? CARSTAR is the largest franchise network of automotive collision repair shops in North America. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. 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. Inspire Brands is majority-owned by affiliates of Roark Capital Group. us for more details. Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries.