Roark Capital Group
Private | |
ISIN | 🆔 |
Industry | Private equity |
Founded 📆 | 2001 |
Founder 👔 | Neal Aronson (Founder & Managing Partner) |
Headquarters 🏙️ | , , United States |
Area served 🗺️ | |
Products 📟 | Leveraged buyout |
💎 AUM | US$11.0 billion |
Members | |
Number of employees | 56 |
🌐 Website | www |
📇 Address | |
📞 telephone | |
Roark Capital Group is an American private equity firm with nearly US$11.0 billion in equity capital raised since inception that is focused on leveraged buyout investments in middle-market companies primarily in the franchise/multi-unit, restaurant and food, retail healthcare and business services sectors. The firm is named for Howard Roark, the protagonist in Ayn Rand's novel, The Fountainhead. The firm's name is not meant to connote any particular political philosophy but instead signifies the firm's admiration for the iconoclastic qualities of independence and self-assurance embodied by the central figure in The Fountainhead.[1]
History[edit]
The firm, which is based in Atlanta, Georgia, was founded in 2001 by the current Managing Partner, Neal K. Aronson. Senior team members include President Paul D. Ginsberg, Senior Managing Director and Co-Chief Investment Officer Ezra S. Field, Senior Managing Director and Co-Chief Investment Officer Erik O. Morris, and Managing Directors Timothy Armstrong, Stephen D. Aronson, Geoff Hill, Matthew Kaelin, and Steven Romaniello.
Prior to founding Roark Capital Group, Aronson was a co-founder of U.S. Franchise Systems. Roark currently is investing out of its fifth institutional private equity fund.
Investments[edit]
Roark's current and former portfolio companies include:
Current investments[edit]
- Anytime Fitness
- Atkins Nutritionals
- Batteries Plus Bulbs
- CKE Restaurants: (Carl's Jr., Hardee's, Green Burrito & Red Burrito)
- Culver’s minority investment.
- Driven Brands: (1-800-Radiator & A/C, CARSTAR, Maaco, Meineke, Merlin 200,000 Mile Shops, Pro Oil Change, Econo Lube & Tune)
- Drybar
- Focus Brands: (Auntie Anne's,[2] Carvel,[3][4] Cinnabon,[5] McAlister's Deli, Moe's Southwest Grill,[6] Schlotzsky's[7])
- Great Expressions Dental Centers
- Home Service Store
- Il Fornaio: (Corner Bakery Cafe)[8]
- Inspire Brands: 81.5% of the company, with The Wendy's Company owning the other 18.5%. (Arby's, Buffalo Wild Wings, R Taco)[9]
- Jim ‘N Nick’s BBQ Restaurants[10]
- Jimmy John's[11] Majority stake of 65% with other 35% owned by founder Jimmy John Liautaud.
- Massage Envy Spas
- Miller's Ale House
- Naf Naf Grill
- Orangetheory Fitness
- Pet Supermarket
- PetValu and Bosley's Petstores
- Primrose Schools
- Solterra Recycling
- Waxing the City
Former investments[edit]
- Batteries Plus Bulbs
- Cyber Core Technologies
- Fastsigns
- GFL Environmental
- Money Mailer
- Movie Gallery
- Peachtree Business Products
- PSC Info Group
- Qualawash
- United States Arbitrage Finance II
- USFS
- Waste Pro
- Wingstop
References[edit]
- ↑ "About Our Name". Roark Capital Group. Retrieved 2017-05-25.
- ↑ Holzman, Paula (October 8, 2010). "Atlanta franchisor to acquire Auntie Anne's". Central Penn Business Journal.
- ↑ "Equity Firm Buys Controlling Stake In Carvel". The New York Times. December 11, 2001.
- ↑ "New Roark Capital Screams Ice Cream". Buyouts. Reuters. January 7, 2002. Archived from the original on 2011-09-11.
- ↑ Focus Brands To Buy Cinnabon From AFC Enterprises. The New York Times, September 9, 2004
- ↑ "QSR magazine".
- ↑ Focus Brands buying Schlotzsky's, Austin Business Journal, November 20, 2006.
- ↑ "Atlanta's Roark Capital buys Il Fornaio parent firm". San Francisco Chronicle. 2011-06-14.
- ↑ Hammond, Ed; Giammona, Craig (28 November 2017). "Roark Agrees to $2.4 Billion Buffalo Wild Wings Deal". Bloomberg.com. Bloomberg L.P. Retrieved 28 November 2017.
- ↑ "Roark Capital Group Acquires Jim 'N Nick's Bar-B-Q" (PDF). 2017-07-10.
- ↑ "Roark Capital Buys Majority Stake in Jimmy John's". The Wall Street Journal. 2016-09-08.
External links[edit]
This article "Roark Capital Group" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Roark Capital Group. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
This page exists already on Wikipedia. |