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Roark Capital Management, LLC, [3] also known as Roark Capital Group or simply Roark Capital, is an American private equity firm with around $37 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 ...
In 2001, Aronson founded Roark Capital. [2] As of September 2023, Forbes estimated his net worth at US$2.7 billion. [1] Aronson is married to Wendy Conrad; they live in Atlanta, Georgia and have three children. [4]
Chestnut is worth $5.1 billion. Neal Aronson. Ranked No. 329, Neal Aronson, age 59, is the founder behind Roark Capital, which owns 30,000 sandwich shops of Jimmy John's, Arby's, Sonic, and Subway ...
If the acquisition goes through at the reported $9.6 billion price, it would the third-biggest restaurant deal ever after Restaurant Brands buying out Tim Hortons for $11.4 billion in 2014 and ...
Blackstone’s transaction is the largest since Subway sold itself to private equity firm Roark Capital last year for about $9.6 billion. For more CNN news and newsletters create an account at CNN.com
In September 2016, Roark Capital Group agreed to purchase a majority stake in Liautaud's company, as Weston Presidio sold their minority investment after 10 years. Terms of the transaction were not immediately disclosed, though it was later clarified that Liautaud retained 35% ownership of the company as part of the deal. [ 10 ]
ServiceMaster Brands is an American privately held company owned by Roark Capital Group that provides residential and commercial services. [2] Its headquarters are located in Atlanta, Georgia, after moving there in 2020 from Memphis, Tennessee.
Subway has sold itself to private equity firm Roark Capital, ending a six-month long search for a buyer. It brings to an end the sandwich chain’s near six-decade run as a family-owned business.