Edit ModuleShow Tags
Edit ModuleShow Tags

Roark Starts New Year with Bigger War Chest


Published:

 

Roark Capital Group in Atlanta has a big, new war chest to acquire companies—it raised $2.5 billion to close its Fund IV at the end of 2014. And it’s still investing out of Fund III, a $1.5-billion fund raised in September 2012.

Since inception in 2001, Roark has raised more than $6 billion of equity capital commitments, and purchased 34 franchise or multi-unit brands.

Anytime Fitness is one of Roark’s notable investments for 2014, and its first in the fitness space. Anytime’s CEO Chuck Runyon told Franchise Times he’s been contacted by “dozens “ of private equity firms over the years who have wanted to invest in the company, but he held out for Roark. “Roark is the preeminent private equity firm in franchising,” Runyon believes. 

Roark’s brands include Arby’s, Corner Bakery and Primrose Schools.

 

 

Edit Module
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags


Covers everything from good news to bad judgment

About This Blog

The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Laura MichaelsLaura Michaels is editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Beth EwenBeth Ewen is senior editor of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is restaurants editor at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 

Archives

Categories

Feed

Atom Feed Subscribe to the Franchise Times News Feed »

Recent Posts