Branson, MO 65616-2060. from 8 AM - 9 PM ET. The fast . Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. Get todays need-to-know restaurant industry intelligence. CHARLOTTE, N.C., March 30, 2016 /PRNewswire/ --Driven Brands, a portfolio company of Roark Capital and the nation's leading automotive franchisor, announced today that its affiliate has acquired Louisiana-based Take 5 Oil Change. That step will leave him with 2.4 million shares. See Neal K Aronson's compensation, career history, education, & memberships. Driven Brands is the largest automotive services company in North America. Uniban is a leading network of glass repair and replacement service centers across North America. Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. Who owns Miller's Ale House? Morningstar Institutional Equity Research. So far, it seems the risk is paying off. Terms of . . We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. 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. Weve been so busy we just havent had the time to put these up yet, says Neal Aronson, Roarks founder and managing partner, smiling down at the frames. 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. Our largest sector, food and restaurants, encompasses investments in brands such as: Inspire Brands (the owner of Arbys, Baskin Robbins, Buffalo Wild Wings, Dunkin, Jimmy Johns, and Sonic), Nothing Bundt Cakes, CKE Restaurants (the owner of Carls Jr and Hardees), FOCUS Brands (the owner of Auntie Annes Pretzels, Carvel Ice Cream, Cinnabon, Jamba, McAlisters Deli, Moes Southwest Grill, and Schlotzskys), Millers Ale House, Culvers, The Cheesecake Factory (the owner of North Italia and Flower Child), Jim N Nicks BBQ, and previously Corner Bakery, Il Fornaio, Naf Naf Middle Eastern Grill and Wingstop. Its pretty exciting to be part of helping people realize their dreams, Aronson says of franchising. 540 Madison Ave Contact Ron Ruggless at [emailprotected], /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. Who is corner bakery owned by? The firings came EPAM Anywhere hiring Senior Automation Tester in Armenia | LinkedIn [9] On August 28, 2018, Georgia Governor Nathan Deal announced that Inspire was moving its headquarters to Sandy Springs, Georgia in 2019. 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 . Since inception, affiliates of Roark have invested in 92 franchise/multi-location brands which generate approximately $54 billion in annual system revenues from 63,000 locations in 50 states and . Founded in Germany in 1965, the Company has solidified its position as the international market leader, developing an extensive network of more than 750 car wash locations across Europe and more than 100 car wash locations in the U.S. ICWG's focus on express-service style operations appeals to a broad base of consumers seeking a quick and high quality wash at an affordable price. Win whats next. 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. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. 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. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. [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. 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. RB AMERICAN. Mar 30, 2016, 11:48 ET. Members help make our journalism possible. New York, NY 10022 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. Lying on the carpet are two more frames, holding announcements for the latest purchases, Carls Jr. and Hardees, made last December in a deal valued at about $1.7 billion. Is Arby's Roast Beef real or processed meat? 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. B-Dubs might be going private. We learn a lot from every company we evaluate, and then as we work with the companies., Making an acquisition is just the ticket to play, he adds. Roark Capital Group serves customers in the United States. The Chicago-based company did not disclose terms of the deal or the identity of the investor group. Who Owns Roark Clothing - BikeHike 1 Answer ANSWER Neal Aronson. It is part of Flynn Restaurant Group which also operates 441 . The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring . Sign up here. 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. 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. 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. 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. What company owns Jimmy Johns? Roark Capital Group Inc. operates as a private equity firm. Roark Capital Acquires Fitness Connection - prnewswire.com For more information visit www.roarkcapital.com. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. Roark Capital Group specializes in franchises in the food service, retail and consumer services industries. 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 securities filing states that Aronson will have the discretion to manage the shares as he sees fit. Private-equity firm had taken minority stake in fast-casual Middle Eastern concept in 2015, 2023 Informa USA, Inc., All rights reserved, NRN editors talk about the NRAs recent report, what happens when children are banned from restaurants, and celebrity marketing, Duffys Sports Grill Mastered Gift Cards in a Flash, Examining new ways to collect restaurant guest data, It's time to Roll Up to Win at Tim Hortons with exciting new prizes, Subway opens new dual headquarters building in Miami, Menu Tracker: New items from Burger King, KFC, and Chipotle, San Diegos Trust Restaurant Group drives retention, innovation with culture of yes, Nations Restaurant News launches new CREATE Roadshow event series, Allowed HTML tags:

. Please Roark Capital Group Acquires Miller's Ale House - PR Newswire Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. 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. If capital and expertise are needed to help the brands grow, well provide that.. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Related: Naf Naf Grill founder dies at 47, Greg Willman, left, who was named Naf Naf Grill CEO in May 2020, said in a statement: I am excited about the future of Naf Naf Grill and want to thank Roark for its support and positive contributions to the company.. For more information, please visit www.roarkcapital.com. Greenwood Village, CO. Leeds West Groups (LWG) was founded in 2009 by current CEO and Board Member Judd Shader and is . That's because we've stayed true to our core beliefs, our approach to investing and our commitment to community. Maintaining Automated Tests in TAF for V1 platform for API testing ABRA is a leading network of franchised automotive collision repair shops. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Roark Capital Acquires ServiceMaster Brands | ServiceMaster Was decided. 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. Roark Capital | 12,241 followers on LinkedIn. It takes time to build a really good company, to make it sustainable, and make the growth something thats long term.. Naf Naf Grill and an investor group bought out the minority ownership of Roark Capital. Jimmy John's is one of the largest sandwich chains in the US. 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. 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. Suite 2500 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. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. Driven Brands manages a family of automotive companies including Maaco, Meineke Car Care Centers, CARSTAR North America, 1-800 Radiator & A/C, which collectively generate annual system revenues of more than $2.1 billion. Baseball Academy. Roark differs in many ways from other private equity companies. Cinnabon and some franchising rights for Seattles Best Coffee were then acquired in 2004. [11] Brown expected that Inspire would acquire additional chains in different segments. The deals became larger and more diversefast-casual, full-service, and quick-service restaurants, including some with company-owned units, not just franchisees. Phone (404) 591-5200 Theres also Green Burrito and Red Burrito, which cobrand with some Carls Jr. and Hardees, while Roark also franchises Seattles Best Coffee internationally.