Arbys same-store sales rose 2.8 percent last year and have grown every quarter since Roark acquired the chain. ATLANTA, Oct. 4, 2017 /PRNewswire/ --Roark Capital Group, an Atlanta-based private equity firm focused on multi-unit consumer businesses, announced today that its affiliate has closed on the previously announced acquisition of UK-based International Car Wash Group from TDR Capital LLP. Buffalo Wild Wings is the largest sports bar chain in the U.S., featuring an immersive sports restaurant experience and a variety of boldly flavored menu items, including buffalo-style chicken wings spun in over 20 signature sauces and seasonings. He plans to structure the company similar to Hilton Hotels & Resorts. [13] Co-owner The Wendy's Company's stake was reduced from 18.5% to 12.3% due to the infusion of capital from Roark Capital to fund the purchase. In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. Our goal is to be the preferred capital source for private equity solutions by earning the respect of everyone we interact with. Atlanta, Georgia 30309 Uniban is a leading network of glass repair and replacement service centers across North America. Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. Jimmy John's and Rusty Taco parent company has completed its acquisition of Dunkin' Brands Group for $11.3 billion (or . Founded in 2006, Streamline Brands is a leading franchisor and
The brand offers one of the most innovative and diverse menus in the quick-service restaurant industry, with more than 30 unique sandwiches and 8 different types of protein. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The Denver company . We want CKE to reach their potential, just like all of Roarks other brands, he says. In the U.S., ICWG operates under the banners of Car Wash USA Express, Goo-Goo, Zippy's, Car Wash Express, and Supersonic Car Wash. ICWG is committed to delivering consistent wash quality for the customer while minimizing the impact on the environment. Roark Capital Group is an Atlanta-based private equity firm with more than $1.5 billion in equity capital under management. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. For more information visit www.roarkcapital.com. AmeriSpec is a leading franchisor and provider of residential and commercial real estate inspection services. Who owns the most Arby's franchises? They did some digging, and went straight to the source: Arby's Quality Assurance. In 2016, Liautaud sold an estimated 65% of the business to Inspire's parent company, the Atlanta-based private equity firm Roark Capital, in a deal that valued Jimmy John's at around $3 . Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. Jul 22, 2013, 08:00 ET. We dont know when yet, but it will happen, he says. Roark has plenty of capital now for its companies needs and to make additional acquisitions, but Aronson can see a fourth private equity fund down the road. How are the unit-level economics? SONIC is the largest drive-in chain in the United States, well-known for its unique drive-in format, carhop service model, and broad menu of food and beverages with over 1.3 million drink combinations. 1180 Peachtree Street NE operator of swim schools for children of all ages, serving over 150,000 swimmers per year. So far, it seems the risk is paying off. Pet Valu is Canada's leading small-format specialty retailer of pet food and supplies, providing a wide selection of high quality pet products, together with friendly customer service and convenient store locations. Roark Capital Group owns other dining-out favorites, including Arby's, Auntie Anne's, Cinnabon, Carvel Ice Cream, Moe's Southwest Grill, and Wingstop. The Company focuses on management of buy-outs, acquisitions, mergers, recapitalizations, restructuring, business transfers, corporate divestiture, and other situations. ICWG is the largest car wash operator in the world, washing more than 35 million cars every year through more than 900 locations in 14 countries across Europe, the United States, and Australia. They are like the Warren Buffett of restaurants.. Nash had a tough exterior, but he was honest and off-the-chart smart, so he gave you great advice. He was also Roarks biggest early investor. Started in Jupiter, FL in 1988 by husband and wife team Jack and Claire Miller, Miller's Ale House is a sports-themed full service restaurant that offers an extensive menu of freshly prepared food and top-quality drinks. us for more details. Marcato, which owns a 6.4 percent stake in the wing chain, launched its campaign . Greenwood Village, CO. Leeds West Groups (LWG) was founded in 2009 by current CEO and Board Member Judd Shader and is . Neal K Aronson is Managing Partner/Founder at Roark Capital Group. ATLANTA & MEMPHIS, TENN. (BUSINESS WIRE) Roark Capital, an Atlanta-based private equity firm focused on investing in franchised and multi-location businesses, announced today that its affiliate has acquired ServiceMaster Brands.ServiceMaster Brands, one of the nation's leading providers of residential and commercial restoration and cleaning services, operates a network of over 1,850 . If the series of financial moves are completed as expected on June 15, Roarks interest in Cheesecake will be reduced to 2.4 million shares of common stock, or 4.6% of total shares outstanding. CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. Roark Capital Group added another brand to its wide-ranging franchise portfolio with the acquisition October 1 of residential and commercial restoration and cleaning services company. ATLANTA, Oct. 4, 2017 /PRNewswire/ -- Roark Capital Group, an Atlanta -based private equity firm focused on multi-unit consumer businesses, announced today that its affiliate has closed on the . Founded in 1983, Jimmy John's offers high-quality sandwiches with rapid preparation. Luther is Arbys chairman. These are very smart people, he says. Site Map | Search | Terms of Use | Privacy Policy | Accessibility, Roark [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. . North Italia is a modern interpretation of Italian cooking in the upscale casual dining segment, offering a variety of dishes that are handmade from scratch daily. Focus added Schlotzskys in 2006, Moes Southwest Grill in 2007, and Auntie Annes in 2010. Aronson began his career in investment banking and private equity in New York, working for several firms, including hedge fund Odyssey Partners. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. Founded in 1988, U.S. Affiliates of Roark have invested in 56 franchise/multi-unit brands which collectively generate $21 billion in annual system revenues from 23,000 locations in 50 states and 75 countries. Fax (404) 591-5201 It was the public. Now that you know who owns Wingstop, it probably doesn't come as a surprise that the original owner, Antonio Swad had been in the restaurant business since . It comes down to a few basic principles treat everyone the way you want to be treated, always do what you say, and always do what is right and long-term smart regardless of conventional wisdom, even when its really hard and when no one is looking. Visit Website. Was decided. Arby's owner Roark Capital Group said on Tuesday it would buy Buffalo Wild Wings Inc <BWLD.O> for $2.4 billion, . Branson, MO 65616-2060. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. The Chicago-based company did not disclose terms of the deal or the identity of the investor group. If you work your tail off and follow the rules, you can be successful. Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. Roark prides itself on being a trusted partner for management and business owners. 1180 Peachtree Street NE Elane served as Group President of Kimberly-Clark International and Global President of Kimberly . Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. Our Core Values have always guided the ways we support our people, businesses, and community, and guide us in how we Invest in Good. It now owns three of the 25 biggest quick-service restaurant chainsit acquired a majority stake in Arbys three years agoand oversees a 16-brand dining empire with some $11 billion in systemwide sales and nearly 12,100 units employing some 300,000 people. regarding PitchBook Data's products. Miscellaneous . Waxing the City is a growing network of waxing studios with an emphasis on superior waxes, highly-trained staff, and compassionate customer service. Finally, in 2015, the final answer to the previous question, who owned Wingstop? For more information, visit www.DrivenBrands.com. If its franchising, it better be great unit-level economics, or a franchisee would never get involved in it.. Jimmy John's is one of the largest sandwich chains in the US. Who is the CEO of Sonic? Our portfolio companies span multiple industries including food, restaurants, consumer and business services, health, wellness and fitness, and education and youth activities. "We are excited to partner with Roark, an experienced investor in growing multi-unit businesses, to help us accelerate ICWG's growth," said Mike Smith, Executive Chairman of ICWG. Few of Arbys issues were present at CKE, which was acquired from private equity firm Apollo Global Management. [15], On August 16, 2018, The Wendy's Company announced that it sold its 12.3% stake in Inspire Brands back to the company for $450 million, which included a 38% premium over the stake's most recent valuation. Will the Fast-Food Dining Room Live On After COVID? For the restaurant, see, "Jimmy John's Sale To Inspire Brands Now Complete", "Why Fast Food's Smartest Operator Is Expanding When Business Is Terrible", "Wendy's sells stake in Arby's owner for $450 million", "Arby's owner beefs up portfolio, eating up another fast-food franchise", "Arby's, Buffalo Wild Wings new parent Inspire Brands debuts", "Arby's closes deal for Buffalo Wild Wings, makes new company", "Arby's CEO: We're Not Done Buying Brands After BWW", "Wendy's Sells Inspire Brands Stake for $450 Million", "Inspire Brands reveals plans for its 3rd brand, now Rusty Taco", "Inspire Brands bringing 1,100 jobs, $32 million to Sandy Springs", "Inspire Brands to buy Sonic Corp. for $2.3B", "Arby's owner Inspire Brands buys Jimmy John's", "Inspire completes purchase of Jimmy John's", "Dunkin' closes in on $9bn sale to Inspire Brands", "Inspire Brands to Acquire Dunkin' Brands Group for $11.3 Billion Including Debt", "Inspire Brands Completes Acquisition of Dunkin' Brands", "Inspire Brands sells Rusty Taco to the owner of Cicis Pizza", "Art of the deal panel to highlight FFGC", https://en.wikipedia.org/w/index.php?title=Inspire_Brands&oldid=1139069937, Companies based in Sandy Springs, Georgia, 2018 establishments in Georgia (U.S. state), Economy of the Southeastern United States, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 13 February 2023, at 05:48. READ MORE, Roark was named after Howard Roark, the protagonist in Ayn Rand's book The Fountainhead. Our business services investments have included Divisions Maintenance Group, Driven Brands,ServiceMaster Brands, Installation Made Easy, and previously Solterra Recycling Solutions, Batteries Plus Bulbs, CyberCore, FASTSIGNS, Money Mailer, Peachtree Business Products, PSC, Quala, Waste Pro, and GFL Environmental. In the multi-step deal spelled out in Mondays SEC filings, Roark will distribute 150,000 of its 200,000 preferred Cheesecake shares to three subsidiaries. When typing in this field, a list of search results will appear and be automatically updated as you type. Roark Portfolio Employees Assistance Fund. They have perfected their processes and deliver industry leading customer service. [23], On December 19, 2022, Inspire Brands announced that it had sold Rusty Taco to Gala Capital Partners, owner of Cicis Pizza, Dunn Brothers Coffee, and Mooyah. Get todays need-to-know restaurant industry intelligence. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, and Canton, Massachusetts. Some investors, including university endowments and investment managers, have invested in all three, a sign of Roarks performance. [21][22] The acquisition was completed on December 15, 2020. Ron Ruggless | Oct 29, 2020. It was founded by Jimmy John Liautaud in 1983 and is headquartered in Champaign, Illinois. The moves largely undo Roarks $200 million equity investment in Cheesecake back in April 2020, when the pandemic was just beginning. Contributions to 527s are not included in the Individuals, PACs, Soft (Indivs), or Soft (Orgs) columns, so the sum of these columns may not equal the Total column. Schlotzsky's is a chain of quick casual restaurants offering made-to-order sandwiches, soups, salads and pizza. Romaniello and Hill moved to Roark in 2008 to help with acquisitions and operations. [20], Inspire Brands on October 25, 2020 announced that it was buying Dunkin' Brands for $11.3 billion. Today, we're one of the world's largest investment management organizations, managing $2.2 trillion.*. Win whats next. The boardroom at Roark Capital Groups offices in an Atlanta skyscraper has all the accoutrements of a nicely appointed meeting area, including a large conference table surrounded by comfortable chairs and a wide view of the city below. Before launching Roark Capital, he was the co-founder and CFO of US Franchise Systems, an owner and operator of hotel brands that increased its holdings more than 20-fold under his leadership. Roark Capital Group Affiliates. . And that someone, who snapped the company up in early 2018, was Roark Capital, also the owner of the fast-food company Arby's, which has been pegged as one of the least respected fast-food chains . The Cheesecake Factory is reacquiring most of the equity stake held by Buffalo Wild Wings parent Roark Capital in a transaction valued at $457.3 million. Affiliates of Roark Capital Group have sold the Dallas-based Corner Bakery Cafe brand to Pandya Restaurant Growth Brands LLC, the companies said Thursday. Neal Aronson founded Roark Capital in . ServiceMaster Brands is the parent company of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, TWO MEN AND A TRUCK, AmeriSpec, and Furniture Medic. 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. The fast-casual chain started in 1991 in Chicago and launched a franchising program in 2007. ", Ezra Field, Senior Managing Director and Chief Investment Officer at Roark, said, "ICWG's quick conveyor car wash model provides high-quality washes at an affordable price point that is attractive to today's consumers who demand convenience and value. Nov 2009 - Dec 202213 years 2 months. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. Author has 4.2K answers and 3.1M answer views. Franchisees trust in the owners rose dramatically. Roark Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. What are the characteristics of that concept? Basecamp Fitness is a growing network of fitness studios featuring high-intensity and high-energy workout sessions. Roark Capital Group , an Atlanta-based private equity firm, acquired Miller's Ale House, a growing casual dining restaurant chain, from owners Jack Miller, KarpReilly and SKM Equity Fund III. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. We look first at the brand and the company, he says. He now owns the Gulfstream G-IV with registration . While the chain has over 1,700 locations around the world with thousands of employees and owners, Wingstop was sold to Roark Capital Group in 2010 and went public in 2015. In the book, the character doesnt bow to conventional wisdom and is seen as an authentic innovator. Roark Capital | 12,241 followers on LinkedIn. Fitness Connection is a leading player in the "High Value, Low Price (HVLP)" segment of the fitness industry. Baseball Academy brings together college and high school coaches to provide camp programs to aspiring baseball and softball players across the United States. He is my all-time favorite character in any book, Aronson says. Roark focuses on investments in consumer and business service companies, with a specialization in franchise and franchise-like business models. Cheesecake only franchises abroad, and on a limited basis, and it is positioned squarely in the upper echelon of casual dining. Roark prides itself on partnering with entrepreneurs and executives who share this vision of growth and success across all stakeholders. Founded in 1972, Meineke is an automotive aftermarket industry pioneer and leading provider of repair and maintenance services. Private equity often involves deals of dizzying size to buy companies your average consumer has never heard of. Theres also Green Burrito and Red Burrito, which cobrand with some Carls Jr. and Hardees, while Roark also franchises Seattles Best Coffee internationally. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com TWO MEN AND A TRUCK is the largest franchised moving company in the U.S. and offers comprehensive home and business relocation, junk removal, and packing services. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. Fax (212) 518-2028 If the series of financial moves are completed as expected on June 15, Roark's interest in Cheesecake will be reduced to 2.4 million shares of common stock, or 4.6% of total shares outstanding. Fax (212) 518-2028 . Maintaining Automated Tests in TAF for V1 platform for API testing ATLANTA, Feb. 4, 2019 /PRNewswire/ -- Roark Capital, an Atlanta -based private equity firm focused on investing in multi-unit businesses, announced today . I called Neal and said, What have you gotten me into? Romaniello says. Global network of franchises providing residential and commercial restoration services, including water damage, smoke and fire damage, mold remediation, and disaster recovery. Romaniello became the operating partner, and Hill was added as vice president of franchising and foodservice. Roark Capital Group. Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . ", Matt Kaelin, Managing Director at Roark, added, "We are looking forward to working with Mike Smith, Bill Derwin, and the rest of the management team to continue to build the business.". Inspire Brands is the franchisor and operator of the Arbys, Buffalo Wild Wings, Jimmy Johns, SONIC, Dunkin, and Baskin Robbins brands. After the hotel business was sold, one of Aronson's mentors, Odyssey Partners cofounder Jack Nash, encouraged him to try his hand at private equity. Roark Capital Group acquired Corner Bakery in 2011 from Il Fornaio Corporation. The buyback more than doubled Roark's initial investment. Nothing Bundt Cakes is a leading franchisor and operator of gourmet bakeries. Roark's current brands include Anytime Fitness, Arby's, Atkins Nutritionals, Batteries Plus Bulbs, Carl Jr.'s, Corner Bakery, Driven Brands, 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, Naf Naf Grill, Orangetheory Fitness, Pet Supermarket, Pet Valu, Primrose Schools, Quala, Waxing the City, and Wingstop. 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. Our name signifies our admiration for the qualities embodied by Howard Roark but, as a firm of diverse viewpoints, it does not signify adherence to any particular political philosophy. 1180 Peachtree Street NE Roark focuses on franchised and multi-unit business models in the retail, restaurant, consumer and business services sectors. We want to partner with entrepreneurs and executives who share this vision. NEW YORK OFFICE Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. "With this partnership, we have access to world-class technology, purchasing power, operational support and resources that will enable us to accelerate our growth and success.". CHARLOTTE, N.C., March 30, 2016 /PRNewswire/ --Driven Brands, a portfolio company of Roark Capital and the nation's leading automotive franchisor, announced today that its affiliate has acquired Louisiana-based Take 5 Oil Change. [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. Pet Supermarket is the largest specialty retailer of pet food and pet-related supplies based in the southeastern US. 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. Weve been so busy we just havent had the time to put these up yet, says Neal Aronson, Roarks founder and managing partner, smiling down at the frames. Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. Founded in 1934, Carvel is the leading manufacturer of branded ice cream cakes in the United States and a top producer of premium soft-serve ice cream. [9][10], Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. www.roarkcapital.com, Roark The stake will be controlled by Roark founder and managing partner Neal Aronson, according to securities documents filed Monday. . While the firm has not sold any of its restaurant companies yet, that time will come. 540 Madison Ave Were just not big believers in shortcuts, Aronson says. Others acquire companies, do some financial engineering, and then flip them after a few years. After a few quiet years, Roark raised its first flagship fund in 2005, a $413 million vehicle, and quickly got to work making deals, completing four . Most compete in the quick-service sector, far downmarket from Cheesecakes turf. Healthy Contributions (Self Esteem Brands), International Car Wash Group (Driven Brands), Seattle's Best International (FOCUS Brands), ServiceMaster Clean (ServiceMaster Brands), ServiceMaster Restore (ServiceMaster Brands), Streamline Brands (Youth Enrichment Brands), U.S. Who owns Miller's Ale House? The purchases were financed primarily through Roarks first private equity fund. Fax (212) 518-2028 Founded in 1984, Take 5 Oil Change operates 65 quick oil change facilities across nine states throughout the Southeast. 540 Madison Ave [11] Brown expected that Inspire would acquire additional chains in different segments. Since inception, affiliates of Roark have invested in 61 franchise/multi-unit brands which collectively generate $25 billion in annual system revenues from 28,000 locations in 50 states and 78 countries. The firings came Take 5 Oil Change has a phenomenal brand, operating model, and team led by Marc. Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark portfolio company, Youth Enrichment Brands, acquires i9 Sports. Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com Envysion is a loss prevention platform designed to protect businesses, brands, Since 2015, Scena has provided as-built digital twin services to restaurants for, Full-service communications and PR agency specializing in the Restaurant and, Refreshed Branding Boosts Mendocino Farms' Growth Plans, Patrick Doyle Brings His Turnaround Magic to Burger King, Free to Qualified Restaurant Professionals, Dave's Hot Chicken Announces Partnership with Movie Franchise, Scream, Slutty Vegan Sets Opening Date for Second NYC Location, Jet's Pizza to Give Away Year's Worth of Ranch, Biscuitville Establishes Special Fund to Assist Employees with Financial Hardships. Phone (404) 591-5200 How Roark Capital's Neal Aronson won over franchisees to build a $54 billion fast-food juggernaut with brands like Arby's, Dunkin', and Buffalo Wild Wings. (417) 334-3196. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. Franchise Systems, an Atlanta-based hotel franchisor that began with one brand and 22 hotels in nine states. This outlook helps makes Roark successful, says Lex Lane, Wingstop franchisee and vice president and business development officer at United Capital Business Lending in suburban Baltimore. At Roark, we believe the best way to create value is to form a close partnership with outstanding operating executives and a value-added Board of Directors. Divisions Maintenance Group is a tech-based provider of integrated facilities maintenance services for prominent retail chains, pharmacies, grocery stores, warehouses, distribution centers, and REITs across more than 46,000 locations in all 50 states. For more information visit www.take5oilchange.com. Roark Capital Group serves customers in the United States. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. CARSTAR is the largest franchise network of automotive collision repair shops in North America. Great Expressions is a leading branded dental practice network that provides comprehensive affordable dental services distinguished by convenience, value, and a broad acceptance of insurance plans. About Roark Capital Group. Join the more than 1.5 million industry professionals who get our daily newsletter! Primrose Schools is a leading franchisor of pre-K schools providing high quality educational programs for children 6 weeks to 5 years old and after-school learning programs for 6 to 12 year olds. Baseball Academy (Youth Enrichment Brands), U.S. Sports Camps (Youth Enrichment Brands), Roark Portfolio Employees Assistance Fund. Morningstar Institutional Equity Research. The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. The firm also provides the capital for operators to reach their goals. [10][19] The deal closed on October 18, 2019. Cinnabon is an American chain of bakeries known for their "World Famous Cinnamon Rolls.". They really know restaurants, says Andy Puzder, chief executive of Carpinteria, Californiabased CKE.