roark capital group

Just in time for its 50th anniversary, Schlotzsky’s rolls out two new prototypes with plans to build on lessons learned during COVID-19. — By Katie Lee —   At Schlotzsky’s, the drive-thru has always been a driving force of its business. Eighty-five percent of its 339 locations already had a drive-thru — often with double lanes — and this positioned the sandwich chain well when COVID-19 changed the world in early 2020. Schlotzsky’s already understood customers’ evolving needs — and the pandemic accelerated that evolution. Several years prior to the …

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Atlanta and Calabasas Hills, Calif. — Roark Capital Group, a private equity firm based in Atlanta, has invested $200 million in The Cheesecake Factory Inc., owner and operator of the chain of restaurants of the same name. The Calabasas Hills, Calif.-based company also owns and operates the North Italia chain, as well as a collection of restaurants within the Fox Restaurant Concepts subsidiary. The funds will be used to immediately help The Cheesecake Factory navigate the COVID-19 pandemic, in which its dine-in service has been closed. The company, which has …

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Atlanta — Arby’s Restaurant Group Inc. has completed its previously announced $2.9 billion acquisition of Buffalo Wild Wings Inc. As part of the transaction, the company launched a new restaurant company known as Inspire Brands Inc. The company will oversee the growth of Arby’s, Buffalo Wild Wings and an emerging brand, R Taco.

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