Roark Capital Group, an Atlanta, GA-based private equity firm, closed its Fund IV (Roark Capital Partners IV LP) in December 2014 at $2.5bn.
Roark is currently investing out of Roark Capital Partners III LP, a $1.5 billion fund raised in September 2012. Overall, the firm has raised over $6 billion of equity capital commitments since inception in 2001. It focuses on consumer, business and environmental service companies, with a specialization around franchised and multi-unit business models in the retail, restaurant and consumer services sectors.
Since inception, Roark has acquired 34 franchise/multi-unit brands which have generated $16 billion in annual system revenues from 18,000 locations in 50 states and 72 countries. Current brands include Anytime Fitness, Arby’s, Atkins Nutritionals, Batteries Plus Bulbs, Carl’s Jr., Corner Bakery, FOCUS Brands (the owner of Auntie Anne’s Pretzels, Carvel Ice Cream, Cinnabon, McAlister’s Deli, Moe’s Southwest Grill, and Schlotzsky’s), Hardee’s, Il Fornaio, Massage Envy, Miller’s Ale House, Money Mailer, Pet Valu, Primrose Schools, Waxing the City, and Wingstop. Environmental services platform companies include Quala and Solterra Recycling Solutions.
FinSMEs
12/01/2015