Roark Capital Considers Going Public, Valuation at $20 Billion

Estimated read time: 4 minutes and 16 seconds

ASPIRE TO INSPIRE

Inspire Brands owns Sonic Drive-In, Buffalo Wild Wings, Arby’s, Baskin-Robbins, and Jimmy John’s (Read More)

IPO Talks: Roark Capital, backer of Inspire Brands, is reportedly considering taking Dunkin' public in late 2024 or 2025, with a potential valuation of $20 billion.

• Long-Term Value: Inspire Brands spokesperson states focus on business growth and creating value for stakeholders.

• Brand Portfolio: Inspire Brands owns Sonic Drive-In, Buffalo Wild Wings, Arby’s, Baskin-Robbins, and Jimmy John’s.

• Roark's Holdings: Roark owns Focus Brands and has a stake in The Cheesecake Factory; announced plans for Subway acquisition in a $9.6 billion move.

• Formation of Inspire Brands: Arby’s acquired Buffalo Wild Wings in 2018, followed by Sonic in 2018 and Jimmy John’s in 2019 (already owned by a Roark affiliate), making Inspire Brands the second-largest restaurant company in the US.

TRIPLE NET TENDIES

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NET LEASE NUGGIES

• Sky Zone Expands Nationwide with New CEO Indoor trampoline park chain, Sky Zone, plans to accelerate franchise development under the leadership of new CEO, Shawn Hassel. With over 270 locations nationwide and an emphasis on providing young visitors with trampoline activities, Sky Zone aims to open nearly 300 sites by the end of 2024. The company utilizes advanced analytics and a strong broker network to determine consumer demand and convert existing locations into Sky Zone parks. (Read More)

• Church’s Texas Chicken expands remodel efforts and enters new markets. The fast-food chain has been remodeling existing restaurants to its "Blaze" concept, featuring contemporary design elements and celebrating Texas heritage. Over 100 restaurants have already been remodeled, resulting in increased sales and traffic. An additional 400 remodels are planned in the US within the next three years. Church’s is also launching a new compact footprint design this year. With a focus on new market openings and investments in various areas, Church’s aims to continue its transformation trajectory. The brand has already opened restaurants in Bremerton, Washington, Bryant, Arkansas, and Tulsa, Oklahoma, with impressive sales. (Read More)

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