Roark Capital Group

Roark Capital Group is an American private equity firm with over $19.0 billion in assets under management. The firm is focused on leveraged buyout investments in middle-market companies, primarily in the franchise/multi-location, restaurant and food, health and wellness, and business services sectors. It is named for Howard Roark, the protagonist in Ayn Rand's novel, The Fountainhead. The firm claims that its name is not meant to connote any particular political philosophy but instead signify the firm's admiration for the iconoclastic qualities of independence and self-assurance embodied by the central figure in The Fountainhead.[2]

Roark Capital Management, LLC
TypePrivate
IndustryPrivate equity
Founded2001 (2001)
FounderNeal Aronson (Founder & Managing Partner)
Headquarters
Atlanta, Georgia
,
United States
Key people
Paul D. Ginsberg
(President)
Erik O. Morris
(Chief Investment Officer)
ProductsLeveraged buyout
AUMUS$19.0 billion [1]
Number of employees
60 [1]
Websitewww.roarkcapital.com

History

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, Chief Investment Officer Erik O. Morris, and Managing Directors Timothy Armstrong, Stephen D. Aronson, Nate Boaz, Clay Harmon, Geoff Hill, Kevin Hofmann, Gregory Smith, Sarah Spiegel, Michael Thompson, and David Wierman.

Prior to founding Roark Capital Group in 2001, Aronson was a co-founder of U.S. Franchise Systems in 1995. Roark currently is investing out of its fifth institutional private equity fund.

Investments

Roark's current and former portfolio companies include:

Current investments

Former investments

References
  1. Form ADV filing
  2. "About Our Name". Roark Capital Group. Retrieved 2017-05-25.
  3. "Atlanta private equity firm buys another fitness chain". Atlanta Business Chronicle. 2019-02-04.
  4. Holzman, Paula (October 8, 2010). "Atlanta franchisor to acquire Auntie Anne's". Central Penn Business Journal.
  5. "Equity Firm Buys Controlling Stake In Carvel". The New York Times. December 11, 2001.
  6. "New Roark Capital Screams Ice Cream". Buyouts. Reuters. January 7, 2002. Archived from the original on 2011-09-11.
  7. Focus Brands To Buy Cinnabon From AFC Enterprises. The New York Times, September 9, 2004
  8. "QSR magazine".
  9. Focus Brands buying Schlotzsky's, Austin Business Journal, November 20, 2006.
  10. 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.
  11. "Atlanta's Roark Capital buys Il Fornaio parent firm". San Francisco Chronicle. 2011-06-14.
  12. "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.
  13. Thorn, Bret (26 September 2018). "Inspire Brands to buy Sonic Corp. for $2.3B". Nation's Restaurant News. Retrieved 25 September 2018.
  14. "Roark Capital Group Acquires Jim 'N Nick's Bar-B-Q" (PDF). 2017-07-10.
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