FOCUS Brands is also the franchisor of Seattle's Best Coffee on certain military bases and in certain international markets. When I talked to Jack, he yelled at me and shamed me into starting Roark, Aronson says. 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. Roarks strategy is to focus on a few industries and dive deeply into them, gaining knowledge and insight that is important to make acquisitions and providing expertise to its operating company managers, who typically hold an equity stake. [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. 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. 11.16.21 ROARK INVESTMENT Roark Capital Acquires Mathnasium READ MORE . Romaniello and Hill say Arbys had started to turn around when Roark made the acquisition, but Aronson is more blunt in his assessment of the company, which was part of the Wendys/Arbys Group, led by investor Nelson Peltzs Triarc Co. Arbys was a messin menu, speed of service, cleanliness, physical box, focus, relationships, strategy, marketing, he says, ticking off the woes. The deals became larger and more diversefast-casual, full-service, and quick-service restaurants, including some with company-owned units, not just franchisees. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. Roark prides itself on partnering with entrepreneurs and executives who share this vision of growth and success across all stakeholders. They keep their companies autonomous, but they understand how to control costs and focus on getting the profit margins up.. 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. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring, business transfers, corporate divestiture, and other situations. [11] Brown expected that Inspire would acquire additional chains in different segments. Fax (404) 591-5201 operator of swim schools for children of all ages, serving over 150,000 swimmers per year. Roark Capital Group acquires Jim 'N Nick's Bar-B-Q who owns arbys Official 2023 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 . We dont know when yet, but it will happen, he says. Most compete in the quick-service sector, far downmarket from Cheesecakes turf.
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