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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. We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. 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.. The brand was named a Nations Restaurant News Hot Concept in 2016. 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. The boardroom at Roark Capital Groups 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. October 01, 2020 09:01 AM Eastern Daylight Time . He is my all-time favorite character in any book, Aronson says. Later acquisitions were made with capital from the second and third investment funds. Massage Envy is the leading provider of therapeutic massage and skincare services in the U.S. In the book, the character doesnt bow to conventional wisdom and is seen as an authentic innovator. The firings came Orangetheory Fitness is one of the largest and fastest growing franchisors in the studio-based fitness market. www.roarkcapital.com. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. Who owns Miller's Ale House? Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital. 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. 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. ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . Roark focuses on investments in consumer and business service companies, with a specialization in franchise and franchise-like business models. READ MORE, Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark I agree to receive PitchBook Data's electronic newsletters, updates, promotions and related messages Atlanta, Georgia 30309 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. Suite 2500 Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. Roark focuses on middle market investment opportunities through family-owned business transfers, management and corporate buyouts . Some investors, including university endowments and investment managers, have invested in all three, a sign of Roarks performance. Roark Capital Group Affiliates. The firm seeks to invest in consumer and business service companies in the restaurant, specialty retail, consumer and business services, and health, wellness, and beauty sectors. As of 2021, Wingstop makes a net income of about $42 million a year. 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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. We have been slowly and methodically learning as much as we can about restaurants, Romaniello says. Founded in 1999, KE Camps is the leading operator of day camps for country clubs,
Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. Theyre very entrepreneurial., Besides, he says, theyre just plain good guys.. READ MORE, Invest in Good is Roarks multi-faceted commitment to long-term social impact initiatives. Roark Capital Group serves customers in the United States. Luther is Arbys chairman. Most compete in the quick-service sector, far downmarket from Cheesecakes turf. An arm of Atlanta-based Roark Capital Group plans to buy ServiceMaster Brands for $1.55 billion within 30 to 60 days. Stronger U is a digital, personalized nutrition-based health coaching services brand. Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. 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. Who owns capital music group? 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. Wendy's owns about 18.5 percent of Arby's, with their stake valued at around $325.9 . Others acquire companies, do some financial engineering, and then flip them after a few years. "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. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. US Sports Camps is the nations leading youth sports camp company, serving more than 100,000 campers across 1,200+ camps in 48 states. 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. [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. The deal shocked an industry already stunned by the unprecedented market changes they were seeing as coronavirus shut down much of the nation. Finally, in 2015, the final answer to the previous question, who owned Wingstop? Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. Anon { relativeTimeResolver(1660511260487) }} LIVE Points 3. www.roarkcapital.com, Roark Portfolio Employees Assistance Fund. Description. Dunkin is famous for its combination of high-quality coffees, espresso beverages, baked goods, and breakfast sandwiches served all day with fast, friendly service. Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. "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. 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. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. "Arby's Restaurant Group" redirects here. Roark Capital founder Neal Aronson has helped the firm grow to include several premier quick-service companies, including CKE and Arbys. As a private equity company, we will need to, and will divest companies, Aronson says. How are the unit-level economics? Marcato, which owns a 6.4 percent stake in the wing chain, launched its campaign . The firm has $3 billion in capital under management, raised through three successively larger private-equity funds. Our greater purpose reminds us to appreciate who we work hard for each daywhen Roark does well, more kids go to college, more research gets done for curing disease and the people who protect our streets and teach our kids get a better life. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. Started in Jupiter, FL in 1988 by husband and wife team Jack and Claire Miller, Miller's Ale House is a sports-themed full service restaurant that offers an extensive menu of freshly prepared food and top-quality drinks. Roark Capital | 12,241 followers on LinkedIn. . 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. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. 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. When I talked to Jack, he yelled at me and shamed me into starting Roark, Aronson says. 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. 1 Answer ANSWER Neal Aronson. from 8 AM - 9 PM ET. So far, it seems the risk is paying off. 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.. Neal K Aronson is Managing Partner/Founder at Roark Capital Group. Roark owns a huge stable of franchised restaurant brands through its two main holdings, Focus Brands and Inspire Brands. Our goal is to be the preferred capital source for private equity solutions by earning the respect of everyone we interact with. Our business services investments have included Divisions Maintenance Group, Driven Brands,ServiceMaster Brands, Installation Made Easy, and previously Solterra Recycling Solutions, Batteries Plus Bulbs, CyberCore, FASTSIGNS, Money Mailer, Peachtree Business Products, PSC, Quala, Waste Pro, and GFL Environmental. Roark Capital Group Inc. Roark Capital Group Inc. operates as a private equity firm. For 91 years, we've been helping people take control of their financial futures. Phone (212) 806-6000 All of those characteristics have helped turn Roark into one of the biggest influencers in the quick-service industry. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring, business transfers, corporate divestiture, and other situations. It takes time to build a really good company, to make it sustainable, and make the growth something thats long term..