Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. 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. Romaniello became the operating partner, and Hill was added as vice president of franchising and foodservice. Phone (212) 806-6000 McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. Jul 22, 2013, 08:00 ET. 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. It now owns three of the 25 biggest quick-service restaurant chainsit acquired a majority stake in Arbys three years agoand oversees a 16-brand dining empire with some $11 billion in systemwide sales and nearly 12,100 units employing some 300,000 people. Take 5 Oil Change represents the 5th acquisition for Driven Brands in the year since Roark Capital acquired the business, expanding the collective brands' footprint to more than 2,000 locations in the U.S. About Driven BrandsDriven Brands, headquartered in Charlotte, NC, is the parent company of North America's leading automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers and Merlin 200,000 Mile Shops; Paint & Collision, housing Maaco, CARSTAR North America and Drive N Style; Distribution, housing 1-800-Radiator & A/C; and Quick Lube, housing Pro Oil Change, Econo Lube N' Tune, Driven Florida Lubes and Take 5 Oil Change. Bill Derwin, CEO of ICWG, said, "Roark brings a deep understanding of the consumer and an operational expertise that complements our business. The purchases were financed primarily through Roarks first private equity fund. 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. 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. 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. 1180 Peachtree Street NE Cheesecake opted to trade 200,000 shares of preferred stock to Roark for $200 million, Bojangles makes no bones about its future, Pollo Tropical starts the year off with more customers and better profits, For Wendy's, keeping pace with competitors is harder than it looks, Jack in the Box reaches a 'turning point' in its bid for growth, Chevys Fresh Mex owner adds 2 more brands to portfolio. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Since inception, affiliates of Roark Capital have acquired 52 franchise/multi-unit brands, which generate $20 billion in annual system revenues from 22,000 locations in 50 states and 75 countries. 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. By the end of the first year under Roark leadership, 21 new menu items were added. 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.. 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. [14] In September 2018, Inspire had the 27-location R Taco reverted to the Rusty Taco name. Later acquisitions were made with capital from the second and third investment funds. Founded in 1972, Meineke is an automotive aftermarket industry pioneer and leading provider of repair and maintenance services. 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. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. All rights reserved. Atlanta, Georgia 30309 Who owns roark capital group? Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Were growers, not cutters. We look first at the brand and the company, he says. Merry Maids is a leading franchisor and provider of home cleaning services. . Arbys is the largest drive-thru sandwich chain in the United States. Ron Ruggless | Oct 29, 2020. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. ICWG operates under the IMO banner in Europe and Asia-Pacific. serving 10,000+ campers per year. 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. The firm also provides the capital for operators to reach their goals. The remaining 50,000 preferred Cheesecake shares will be converted to 2,448,381 common shares of the casual-dining company. The new managers set about turning that around by refurbishing the stores and giving franchisees the OK to sell a product they wanted: Italian ice. 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Founded in 1988, U.S. Our team will review your remarks prior to publishing. ", Ezra Field, Senior Managing Director and Chief Investment Officer at Roark, said, "ICWG's quick conveyor car wash model provides high-quality washes at an affordable price point that is attractive to today's consumers who demand convenience and value. 37th Floor For more information, please visit www.roarkcapital.com. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. The company, which was sold by Roark Capital Group to Pandya Restaurant Growth Brands in October 2020, has two locations in San Antonio, Texas. Founded in 1965, ICWG is the world's largest conveyor car wash company currently operating in 14 countries around the globe, washing more than 35 million cars every year through a network of more than 900 locations. Great Expressions is a leading branded dental practice network that provides comprehensive affordable dental services distinguished by convenience, value, and a broad acceptance of insurance plans. In 2016, Liautaud sold an estimated 65% of the business to Inspire's parent company, the Atlanta-based private equity firm Roark Capital, in a deal that valued Jimmy John's at around $3 . 403 Veterans Blvd. Its pretty exciting to be part of helping people realize their dreams, Aronson says of franchising. It has strong unit-level growth and is stable, with an excellent management team and differentiated brands, Aronson says. ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. Roark Portfolio Employees Assistance Fund. 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. | Roark is an Atlantabased private equity firm with $35 billion in assets under management. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. In 1995, he helped launch U.S. International House of Pancakes, LLC is a wholly-owned subsidiary of Dine Brands Global (NYSE: DIN). Most of Carvels resources had been diverted to its supermarket business, which angered franchisees. Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. Atlanta-based private-equity Roark Capital Group invested in the concept in 2015. Get todays need-to-know restaurant industry intelligence. READ MORE, Invest in Good is Roarks multi-faceted commitment to long-term social impact initiatives. 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. Our goal is to be the preferred capital source for private equity solutions by earning the respect of everyone we interact with. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. GROUP. See Neal K Aronson's compensation, career history, education, & memberships. That step will leave him with 2.4 million shares. 540 Madison Ave See our history. For more information visit www.take5oilchange.com. 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. . If you work your tail off and follow the rules, you can be successful. Finally, in 2015, the final answer to the previous question, who owned Wingstop? Primrose Schools is a leading franchisor of pre-K schools providing high quality educational programs for children 6 weeks to 5 years old and after-school learning programs for 6 to 12 year olds. Win whats next. ", Matt Kaelin, Managing Director at Roark, added, "We are looking forward to working with Mike Smith, Bill Derwin, and the rest of the management team to continue to build the business.". Mar 30, 2016, 11:48 ET. The company is in growth mode, targeting eight to 10 new openings a year. The deal specifies that Ginsberg and Aronson are locked up for 60 days from trying to amass a controlling interest in Cheesecake. 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 . 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 . Roark Capital founder Neal Aronson has helped the firm grow to include several premier quick-service companies, including CKE and Arbys. 1 Answer ANSWER Neal Aronson. 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. Although CKE has debtthe company refinanced $1 billion last yearAronson says its very manageable. [20], Inspire Brands on October 25, 2020 announced that it was buying Dunkin' Brands for $11.3 billion. Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. . We want CKE to reach their potential, just like all of Roarks other brands, he says. serving 10,000+ campers per year. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old.

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