Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. Romaniello and Hill moved to Roark in 2008 to help with acquisitions and operations. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. 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. Later acquisitions were made with capital from the second and third investment funds. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. Get todays need-to-know restaurant industry intelligence. Roark Portfolio Employees Assistance Fund. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. Atlanta, Georgia 30309 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. Some firms seek investments that fit into specific size parameters. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. 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. 540 Madison Ave Merry Maids is a leading franchisor and provider of home cleaning services. Most of Carvels resources had been diverted to its supermarket business, which angered franchisees. Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. Roark Capital to buy Buffalo Wild Wings for $2.9 billion - CNBC ATLANTA OFFICE ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Driven Brands has more than 2,000 centers across North America, and combined, all businesses generate more than $2.1 billion in system sales. In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. Still, Arbys core attributes lined up for Roark, including the brand differentiation, great history, a large and loyal customer base, good locations, and upside potential. Makers of industrial parts and telecom infrastructure providers play a crucial role in the economy, but you don't see their commercials on TV. 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 . 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 1988, U.S. How a young private equity firm came to own 16 restaurant brands with $11 billion in systemwide sales. ICWG operates under the IMO banner in Europe and Asia-Pacific. Miscellaneous . 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. Billionaire Founder Of Jimmy John's Sells His Remaining - Forbes Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Was decided. Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark portfolio company, Youth Enrichment Brands, acquires i9 Sports. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Founded in 1975 and headquartered in San Rafael, CA, US Sports camps is the licensed operator of Nike Sports Camps. Number 8860726. READ MORE, Invest in Good is Roarks multi-faceted commitment to long-term social impact initiatives. These are very smart people, he says. Roark Capital Group Contact: Debra Vilchis Fishman Public Relations 847-945-1300 [emailprotected], Cision Distribution 888-776-0942 Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. Description. Branson, MO 65616-2060. Roark is an Atlantabased private equity firm with $33 billion in assets under management. 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. 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. The customer is an American company that is an affiliate of the American private equity firm Roark Capital Group which currently owns Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, and McAlister's Deli, Auntie Anne's, and Jamba brands. [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. You can unsubscribe at any time by clicking on the unsubscribe link at the bottom of our emails. In the announcement, ServiceMaster says: "The transaction will position the . Texas-based Corner Bakery Caf files for Chapter 11 bankruptcy The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring . Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark Portfolio Employees Assistance Fund. 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. Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. It is part of Flynn Restaurant Group which also operates 441 . Naf Naf Grills website lists 39 locations in eight states, including Illinois, Indiana, Minnesota, New Jersey, Ohio, Pennsylvania, Tennessee and Wisconsin. ICWG is the largest car wash operator in the world, washing more than 35 million cars every year through more than 900 locations in 14 countries across Europe, the United States, and Australia. Did inspire brands buy jimmy johns? Explained by Sharing Culture 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: . Roark :: Current Investments - Roark Capital Group About Us | Capital Group [17] The acquisition was completed on December 7, 2018. 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. We want to partner with entrepreneurs and executives who share this vision. The brand offers 8- and 10-inch bundt cakes, Bundtlets and Bundtinis in multiple flavors that are hand-crafted and baked on-site. 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. About Take 5 Oil ChangeTake 5 Oil Change has been serving customers for more than 30 years. Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc <BWLD.O> for $2.4 billion, . Roark Capital Group finalized its deal to acquire Buffalo Wild Wings for $2.9 billion on February 5. Who Owns Roark Clothing - BikeHike An arm of Atlanta-based Roark Capital Group plans to buy ServiceMaster Brands for $1.55 billion within 30 to 60 days. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. Cheesecake operates its namesake brand and a high-volume Italian casual concept called North Italia. Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. Inside Roark Capital | QSR magazine Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. Roark has acquired. Founded in 2006, Streamline Brands is a leading franchisor and EPAM Anywhere hiring Senior Automation Tester in Armenia | LinkedIn ABRA is a leading network of franchised automotive collision repair shops. 10 Companies That Own Your Favorite Chain Restaurants - The Daily Meal For more information, please visit www.roarkcapital.com. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. 1-800 Radiator is the largest franchised automotive parts distributor in North America. Finally, in 2015, the final answer to the previous question, who owned Wingstop? For 91 years, we've been helping people take control of their financial futures. Naf Naf Grill, investor group buy out Roark ownership We then focus our time on what are those three or four key strategic initiatives for that business., Nash, who died in 2008, passed on several lessons to Aronson, one of the biggest being that the best investments require great patience. Roark Capital Acquires ServiceMaster Brands | Business Wire Our goal is to be the preferred capital source for private equity solutions by earning the respect of everyone we interact with.