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 . 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 Roark Capital | 12,241 followers on LinkedIn. Bill Derwin, CEO of ICWG, said, "Roark brings a deep understanding of the consumer and an operational expertise that complements our business. Roark Portfolio Employees Assistance Fund. Later on, it was sold to the Roark Capital Group back in 2010. 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. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. 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. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. 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. Its holdings in the restaurant industry include investments in Arby's, Corner Bakery, Jimmy John's, Wingstop and FOCUS Brands, which owns chains such as Cinnabon and Schlotzsky's. Im not sure Id call ourselves experts at this point, but we certainly have a lot of years of study, learning about the industry and through our experiences.. He has conviction, passion, unbelievable honesty, openness, and hes loyal and trustworthy. 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 . 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. For more information visit www.take5oilchange.com. The private-equity firm helped turn around Arby's after buying a majority stake in 2011. Neal Aronson founded Roark Capital in . Suite 2500 "Take 5 Oil Change is an ideal addition to our portfolio of brands. 37th Floor Cheesecake Factory buys most of Roark's stake for $457M That step will leave him with 2.4 million shares. That is part of our obligation to our investors.. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. 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. The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans. In its 13 years in existence, Roark has sold only three companies. Billionaire Founder Of Jimmy John's Sells His Remaining - Forbes So far, it seems the risk is paying off. Phone (212) 806-6000 Atlanta, Georgia 30309 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. 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See our history. Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. Our team will review your remarks prior to publishing. GROUP. Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. With this acquisition, Driven Brands continues to expand its Quick Lube division, which also includes Pro Oil Change and Driven Florida Lubes. 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. CARSTAR is the largest franchise network of automotive collision repair shops in North America. By the time Focus Brands--an arm of Atlanta-based private equity firm, Roark Capital Group--took over the company in 2006 they had sold or closed all but one franchise. Neal K Aronson, Roark Capital Group: Profile and Biography The Denver company . ICWG operates under the IMO banner in Europe and Asia-Pacific. 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. 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. Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. Now that you know who owns Wingstop, it probably doesn't come as a surprise that the original owner, Antonio Swad had been in the restaurant business since . Today the only other restaurantchain Golden Gate owns besides Red Lobster is California Pizza Kitchen, but their portfolio includes lots of non-restaurant companies, including Eddie Bauer, Payless, and J. Jill. 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. 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. 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. Buffalo Wild Wings also owned the Rusty Taco chain. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. About Take 5 Oil ChangeTake 5 Oil Change has been serving customers for more than 30 years. New York, NY 10022 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. 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. Who is corner bakery owned by? Roark prides itself on being a trusted partner for management and business owners. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. The Rohan Group of Companies, which owns Pandya Restaurant Growth Brands, had hoped to expand the Corner Bakery brand, but it remains unclear how the bankruptcy filing will impact those plans. Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. . Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". [14] In September 2018, Inspire had the 27-location R Taco reverted to the Rusty Taco name. Driven Brands is the largest automotive services company in North America. Who Owns Roark Clothing - BikeHike Bosley's is the leading pet food retail chain in British Columbia specializing in holistic and specialty brands with a focus on pet health and wellness. Cinnabon and some franchising rights for Seattles Best Coffee were then acquired in 2004. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. 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Sign up here. 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: . Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. Its pretty exciting to be part of helping people realize their dreams, Aronson says of franchising. Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Finally, in 2015, the final answer to the previous question, who owned Wingstop? Roark's portfolio companies - Business Insider These are very smart people, he says. . 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. Merry Maids is a leading franchisor and provider of home cleaning services. 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 .
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