Roark Capital Acquires Francorp Client CKE!
Olympia Fields– According to QSRweb.com, Roark Capital Group announced that an affiliate has acquired a majority stake in CKE Inc., including 3,413 restaurants in 42 states and 30 foreign countries and U.S. cheap bns gold territories, from funds managed by Apollo Global Management. Nike Air Max 1 Heren This investment is Roark’s 29th multi-unit company and 17th restaurant brand. Boutique Nike Paris Magasin Terms of the transaction were not disclosed. Asics Gel Lyte 3 Pas Cher sac lancel pas cher This brings a total of 8 of Roark’s portfolio of 22 brands that are Francorp Clients that they have acquired. bns gold Roark Capital has over $3 Billion in Equity Capital. New Balance Francorp clients in their portfolio include CKE, Auntie Anne’s, Carvel, Schlotzky’s, Primrose Schools, La Salsa, McAlister’s Deli, Fast Signs. Nike Air Max 1 Dames Francorp, over its 38 year history, both in the US and Internationally, has developed a large number of fledgling startup companies into highly sought after candidates for the private equity and IPO markets.
Headquartered in Carpinteria, Calif., CKE owns, operates and franchises Carl’s Jr. Air Max Baratas and Hardee’s restaurants. air max Collectively the brand generates about $4 billion in annual system revenues, according to a company press release.
“We are pleased to welcome CKE’s brands to our restaurant family,” Neal Aronson, Roark managing partner, said in the release. “Led by CEO Andy Puzder, CKE is a well-run business with an excellent management team and passionate franchisees. Adidas NMD Runner Italia cheap ffxiv items We look forward to working with Andy and the team as they build on their success and continue to execute their strategic vision for Carl’s Jr. Solde Adidas buy bns gold and Hardee’s.”
Since 1976, Francorp has been taking businesses to the next level through franchise expansion. cheap bns items Francorp has consulted with over 10,000 companies and helped over 2,000 businesses making it the world’s oldest and largest franchise consulting firm. NIKE AIR MAX Goedkoop bns gold While at Francorp, clients will get the expertise and experience needed to help you expand your business in the direction of success.