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Roark Capital Group

Roark Capital Group is an American private equity firm with over US$ 12.0 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]

Roark Capital Management, LLC
Private
IndustryPrivate equity
Founded2001; 17 years ago (2001)
FounderNeal Aronson (Founder & Managing Partner)
HeadquartersAtlanta, Georgia, United States
ProductsLeveraged buyout
AUMUS$12.0 billion
Number of employees
65
Websitewww.roarkcapital.com

Contents

HistoryEdit

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.

InvestmentsEdit

Roark's current and former portfolio companies include:

Current investmentsEdit

Former investmentsEdit

ReferencesEdit

  1. ^ "About Our Name". Roark Capital Group. Retrieved 2017-05-25.
  2. ^ Holzman, Paula (October 8, 2010). "Atlanta franchisor to acquire Auntie Anne's". Central Penn Business Journal.
  3. ^ "Equity Firm Buys Controlling Stake In Carvel". The New York Times. December 11, 2001.
  4. ^ "New Roark Capital Screams Ice Cream". Buyouts. Reuters. January 7, 2002. Archived from the original on 2011-09-11.
  5. ^ Focus Brands To Buy Cinnabon From AFC Enterprises. The New York Times, September 9, 2004
  6. ^ "QSR magazine".
  7. ^ Focus Brands buying Schlotzsky's, Austin Business Journal, November 20, 2006.
  8. ^ Garrett, Arnessa; Robinson-Jacobs, Karen (2 August 2018). "Frisco-based Jamba Juice to be bought by Atlanta operator of Schlotzsky's". Dallas News. Retrieved 2 August 2018.
  9. ^ "Atlanta's Roark Capital buys Il Fornaio parent firm". San Francisco Chronicle. 2011-06-14.
  10. ^ "The Wendy's Company Sells Ownership Interest in Inspire Brands for $450 Million". wendys.com. Wendy's Company. 16 August 2018. Retrieved 25 September 2018.
  11. ^ Thorn, Bret (26 September 2018). "Inspire Brands to buy Sonic Corp. for $2.3B". Nation's Restaurant News. Retrieved 25 September 2018.
  12. ^ "Roark Capital Group Acquires Jim 'N Nick's Bar-B-Q" (PDF). 2017-07-10.
  13. ^ "Roark Capital Buys Majority Stake in Jimmy John's". The Wall Street Journal. 2016-09-08.

External linksEdit