Youth Enrichment Brands encompasses US Sports Camps, i9 Sports, Streamline Brands, and U.S. Who owns roark capital group? Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. See Neal K Aronson's compensation, career history, education, & memberships. For more information, please visit www.roarkcapital.com. Corner Bakery sold to Pandya Restaurant group Atlanta investment firm scoops up Culver's stock - Madison Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. The purchase of the burger chains parent, CKE Inc., which has nearly 3,450 units around the world, is Roarks biggest deal yet, and it solidified the 13-year-old firms position as one of the worlds largest limited-service dining companies. privacy policy or contact Inspire Brands, Inc. is an American holding company and the owner and franchisor of the Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Mister Donut, Dunkin' Donuts and Baskin-Robbins restaurant chains. The deals became larger and more diversefast-casual, full-service, and quick-service restaurants, including some with company-owned units, not just franchisees. Wingstop has a total market capitalization of a gigantic $4.73 billion! With the acquisition of ICWG, affiliates of Roark have acquired 61 multi-unit brands which combined generate annual system revenues of approximately $25 billion from 28,000 locations in 50 states and 78 countries. Description. 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. He follows what he believes.. NEW YORK OFFICE RB AMERICAN. With this acquisition, Driven Brands continues to expand its Quick Lube division, which also includes Pro Oil Change and Driven Florida Lubes. For more information visit www.roarkcapital.com. ", 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.". Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. Roark prides itself on being a trusted partner for management and business owners. EPAM Anywhere hiring Senior Automation Tester in Armenia | LinkedIn US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. 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. 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. The remaining 50,000 preferred Cheesecake shares will be converted to 2,448,381 common shares of the casual-dining company. Today, we're one of the world's largest investment management organizations, managing $2.2 trillion.*. Roark has a history of creating jobs, providing opportunities, and helping people and companies realize their potential. CHARLES WEST Net Worth $400 Million House Yacht 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. Roark bought control of Arbys for $430 million in cash and debt, despite 2010 results that one analyst dubbed amongst the worst in modern restaurant history.. 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. Founder & Chief Executive Officer. 2023 PitchBook. Rick Ross Wingstop - Everything Should Know Reverb Press The Untold Truth Of Miller's Ale House - Mashed.com Stronger U is a digital, personalized nutrition-based health coaching services brand. Romaniello became the operating partner, and Hill was added as vice president of franchising and foodservice. Were just not big believers in shortcuts, Aronson says. When the company was sold in 2000, it had three brands and some 500 hotels in all 50 states and five countries. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. . He now owns the Gulfstream G-IV with registration . Roark Vacation Resort | Better Business Bureau Profile Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Fax (212) 518-2028 Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. 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. Its two full-service restaurant chains are Il Fornaio and Millers Ale House. 37th Floor 1-800 Radiator is the largest franchised automotive parts distributor in North America. 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. [20], Inspire Brands on October 25, 2020 announced that it was buying Dunkin' Brands for $11.3 billion. Most compete in the quick-service sector, far downmarket from Cheesecakes turf. The things that were wrong we saw as fixable, as long as we had time, Aronson says, noting that a private company has that luxury. Aronson launched the firm in 2001 and named it for Howard Roark, the protagonist architect in Ayn Rands novel, The Fountainhead. 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. 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. Who Owns Massage Envy? Details on Spa Franchisor Amid Allegations 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 . Suite 2500 Envysion is a loss prevention platform designed to protect businesses, brands, Since 2015, Scena has provided as-built digital twin services to restaurants for, Full-service communications and PR agency specializing in the Restaurant and, Refreshed Branding Boosts Mendocino Farms' Growth Plans, Patrick Doyle Brings His Turnaround Magic to Burger King, Free to Qualified Restaurant Professionals, Dave's Hot Chicken Announces Partnership with Movie Franchise, Scream, Slutty Vegan Sets Opening Date for Second NYC Location, Jet's Pizza to Give Away Year's Worth of Ranch, Biscuitville Establishes Special Fund to Assist Employees with Financial Hardships. 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. 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. HOME If capital and expertise are needed to help the brands grow, well provide that.. It was the public. Cheesecake opted to trade 200,000 shares of preferred stock to Roark for $200 million. 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. Jimmy John's Franchise, LLC is an American franchised sandwich fast food restaurant chain owned by Inspire Brands. 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. Phone (212) 806-6000 Founded in 1984, Take 5 Oil Change operates 65 quick oil change facilities across nine states throughout the Southeast. The Denver company . Arby's owner Roark gobbles up Buffalo Wild Wings for $2.4 billion The Bar Method is a leading low-impact studio fitness franchise with locations across the US and Canada. "We are actively expanding our footprint through the strategic acquisition of top-performing, complementary auto aftermarket services companies," said Jonathan Fitzpatrick, CEO of Driven Brands. Atlanta-based private-equity Roark Capital Group invested in the concept in 2015. Self Esteem Brands is the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, Stronger U, and Healthy Contributions. "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.". Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. Aronson began his career in investment banking and private equity in New York, working for several firms, including hedge fund Odyssey Partners. Moe's Southwest Grill is the neighborhood burrito place offering flavorful Southwestern fare with a healthy twist. Roark Capital-owned Driven Brands targets over $3 bln - Nasdaq 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. Do not sell my personal infoPrivacy PolicyContact UsRSS, Cheesecake Factory buys most of Roark's stake for $457M. Roark's portfolio companies - Business Insider 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. The following year, Focus Brands was formed to hold Roarks foodservice acquisitions. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com ABRA is a leading network of franchised automotive collision repair shops. Registered in England and Wales. Roark Capital Acquires ServiceMaster for $1.5 Billion 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 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. Who is the CEO of Sonic? ICWG operates under the IMO banner in Europe and Asia-Pacific. Latest Addition to Driven Brands Strengthens Leadership Position in Automotive Aftermarket Services Industry. FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. Morningstar Institutional Equity Research. Phone (404) 591-5200 Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. 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. ATLANTA, July 22, 2013 /PRNewswire/ -- Roark Capital Group, an Atlanta -based private equity firm, announced today that an affiliate had acquired 65 unit Miller's Ale House . After the hotel business was sold, one of Aronson's mentors, Odyssey Partners cofounder Jack Nash, encouraged him to try his hand at private equity. Suite 2500 Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. | Roark is an Atlantabased private equity firm with $35 billion in assets under management. Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. Who Owns Who in Franchising? Over 50 of the Most Popular Franchise The moves largely undo Roarks $200 million equity investment in Cheesecake back in April 2020, when the pandemic was just beginning. About Us | Capital Group 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. Members help make our journalism possible. You don't drive past their logos every time you leave the house. International Car Wash Group is the world's largest local car wash company, with operations in the U.S., Europe and Australia. For more information, visit www.DrivenBrands.com. 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. Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark Portfolio Employees Assistance Fund. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. The firm also provides the capital for operators to reach their goals. The deal specifies that Ginsberg and Aronson are locked up for 60 days from trying to amass a controlling interest in Cheesecake. Luther is Arbys chairman. Roark Capital Group finalized its deal to acquire Buffalo Wild Wings for $2.9 billion on February 5. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. When Darden sold Red Lobster in 2014, it was to Golden Gate Capital, who also owned Romano's Macaroni Grill from 2008 to 2013. 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. ATLANTA, Oct. 4, 2017 /PRNewswire/ -- Roark Capital Group, an Atlanta -based private equity firm focused on multi-unit consumer businesses, announced today that its affiliate has closed on the . Auntie Anne's menu includes hand-rolled soft pretzels baked in-store, Pretzel Nuggets, beverages (including signature lemonade) and Pretzel Dogs. "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. ABRA is a leading network of franchised automotive collision repair shops. [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. 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 . For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. 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. That is part of our obligation to our investors.. 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. New York, NY 10022 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. Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. 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. The Rinse-and-Repeat Franchise Model That Makes This Couple $25 Million 540 Madison Ave All of those characteristics have helped turn Roark into one of the biggest influencers in the quick-service industry. What company owns Jimmy Johns? Uniban is a leading network of glass repair and replacement service centers across North America. 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. He refuses to follow fads, trends, or popularity. Franchisees trust in the owners rose dramatically. Similar Questions. Roark Capital Acquires Fitness Connection. Aronson will surrender 47,517 of the common shares to Cheesecake in exchange for $10.4 million in cash. Finally, in 2015, the final answer to the previous question, who owned Wingstop? Image Credit: IHOP - Legacy Capital Investment Group IHOP restaurants are franchised and operated by Glendale, California-based International House of Pancakes, LLC and its affiliates. Theyre all different, and so I think weve gotten better at it, he says. Inspire Brands - Wikipedia 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. Terms of . 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 . Web page addresses and e-mail addresses turn into links automatically. www.roarkcapital.com, Roark Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. 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. The brand offers one of the most innovative and diverse menus in the quick-service restaurant industry, with more than 30 unique sandwiches and 8 different types of protein. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. Corner Bakery Cafe sells to Boston Market owner Pandya They are like the Warren Buffett of restaurants.. New York, NY 10022 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. We dont know when yet, but it will happen, he says. That step will leave him with 2.4 million shares. In the early days, there were real synergies and reasons to put companies together in Focus, says Hill, who became Cinnabons president. New York, NY 10022 who owns sonic Official 2023 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 Group is buying the 37-unit Jim 'N Nick's Bar-B-Q, the company said on Monday, in a deal that gives the Atlanta-based, private-equity group its 20th restaurant brand. When typing in this field, a list of search results will appear and be automatically updated as you type. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. The fast-casual chain started in 1991 in Chicago and launched a franchising program in 2007. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. 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. Roark Capital-owned Driven Brands targets over $3 bln valuation in IPO. Roark Capital Portfolio Company Driven Brands Acquires Take 5 Oil Change We look forward to partnering and helping accelerate their growth plans. Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. Who Owns Wingstop? All About the Chicken Wing Chain