Private Equity Firm Consumer

Roark Capital

Atlanta, Georgia, United States

Atlanta-based private equity firm focused on investments in consumer and business service companies, with a specialization in franchise and franchise-like business models.

Focus Areas
Franchise and multi-location business models, Consumer and business services

Tracked deals

13

13 tracked deals across 2010-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

9 buyout · 4 addon

Roark Capital Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Roark Capital. 1 2019 2 2020 4 2021 2 2023 2 2025

Supporting Data

Recent Transactions

Showing the 12 most recent of 13 tracked deals for Roark Capital.

  • Buyer
    Roark Capital Group
    Target
    Dave's Hot Chicken
    Type
    Buyout

    Roark Capital Group has acquired a majority stake in Los Angeles-based fast-casual chain Dave's Hot Chicken in a deal reported at roughly $1 billion. The founders and senior leadership will remain in place as Roark positions the brand for accelerated domestic and international franchised growth leveraging its restaurant portfolio and supply-chain capabilities.

  • Buyer
    Roark Capital, Kohlberg & Company
    Target
    GPRS Holdings
    Type
    Buyout

    Roark Capital has entered a strategic partnership with GPRS Holdings, with Kohlberg & Company remaining a minority investor. GPRS management, led by CEO Matt Aston, will continue to lead and retain significant ownership as Roark and Kohlberg support accelerated growth and continued development of GPRS’s SiteMap software and infrastructure visualization services.

  • Buyer
    Youth Enrichment Brands, Roark Capital
    Target
    School of Rock
    Seller
    Sterling Partners
    Industry
    Education
    Type
    Addon

    Youth Enrichment Brands (YEB), the Roark Capital-backed youth activities platform headquartered in San Rafael, California, has acquired School of Rock, the performance-based music education franchisor and operator. The deal brings School of Rock’s more than 500 schools and 180,000+ students into the YEB network as an add-on to expand YEB’s music education capabilities and accelerate growth; Sterling Partners exited as seller.

  • Buyer
    Roark Capital affiliates
    Target
    Subway Restaurants
    Location
    United States
    Type
    Buyout

    Subway announced it entered into a definitive agreement to be acquired by affiliates of Roark Capital. The deal combines Subway’s global footprint and brand strength with Roark’s experience in restaurant and franchise business models, and is subject to regulatory approvals and customary closing conditions.

  • Buyer
    Great Expressions Dental Centers, Roark Capital
    Target
    Amazing Dental Group
    Seller
    Amazing Dental Group, Dawsar Najor, Dr. Nawras Najor
    Industry
    Dental
    Type
    Addon

    Great Expressions Dental Centers, a portfolio company of Roark Capital, acquired Amazing Dental Group, a Michigan-based dental services organization with four locations in the Detroit metro. The transaction closed on December 30, 2021, and Amazing Dental founders Dawsar Najor and Dr. Nawras Najor will join Great Expressions in leadership roles to support continued growth and integration.

  • Buyer
    Roark Capital
    Target
    Mathnasium
    Seller
    Mathnasium founders (Peter Markovitz, David Ullendorff, Larry Martinek)
    Industry
    Education
    Type
    Buyout

    Roark Capital, an Atlanta-based private equity firm focused on franchised and multi-location businesses, has acquired Mathnasium, a leading franchisor and operator of math learning centers. Mathnasium operates over 1,000 locations across 46 U.S. states and 12 countries; Roark intends to expand the brand’s reach and support franchisee growth globally.

  • Buyer
    Youth Enrichment Brands, Roark Capital
    Target
    i9 Sports Corporation
    Seller
    LNC Partners
    Industry
    Education
    Type
    Addon

    i9 Sports, a Tampa-based franchisor of multi-sport youth leagues, has been acquired by Youth Enrichment Brands, a platform company backed by Roark Capital. The deal marks an add-on acquisition to the Youth Enrichment Brands platform as LNC Partners exits its investment; i9 Sports' management will remain in place to support continued growth across its nationwide footprint.

  • Buyer
    Roark Capital
    Target
    Nothing Bundt Cakes
    Seller
    Levine Leichtman Capital Partners
    Industry
    Food & Beverage
    Type
    Buyout

    Roark Capital, via an affiliate, has acquired Nothing Bundt Cakes from Levine Leichtman Capital Partners. Nothing Bundt Cakes is a franchisor and operator of gourmet bundt cake bakeries with roughly 390 locations and about $470 million in system sales; Roark said it will support continued franchise growth and operational support for bakery owners.

  • Buyer
    Roark Capital Management LLC (affiliate)
    Target
    ServiceMaster Brands
    Seller
    ServiceMaster Global Holdings, Inc.
    Type
    Buyout

    An affiliate of Roark Capital Management LLC has acquired ServiceMaster Brands from ServiceMaster Global Holdings for $1.553 billion. The transaction separates the franchised restoration and cleaning portfolio (ServiceMaster Brands) from the remaining business, which was renamed Terminix Global Holdings; Roark intends to leverage its franchising expertise to grow the platform, and Elane Stock will become CEO of ServiceMaster Brands.

  • Buyer
    Roark Capital
    Target
    Divisions Maintenance Group
    Type
    Buyout

    Roark Capital, through an affiliate, has closed an investment in Divisions Maintenance Group (DMG), a tech-enabled facilities maintenance provider headquartered in Newport, Kentucky. The partnership will provide capital and Roark's operational expertise to accelerate DMG's growth and further develop its technology and service delivery across thousands of multi-unit locations.

  • Buyer
    Roark Capital
    Target
    Fitness Connection
    Seller
    LNK Partners
    Type
    Buyout

    Roark Capital, an Atlanta-based private equity firm, acquired a majority stake in Fitness Connection from LNK Partners. The investment positions Fitness Connection—an affordable, multi-location fitness chain operating 41 clubs with over 500,000 members—for national growth and expansion under Roark’s multi-unit consumer expertise; terms were not disclosed.

  • Buyer
    Roark Capital Group
    Target
    Great Expressions Dental Centers
    Seller
    OMERS Private Equity
    Industry
    Dental
    Type
    Buyout

    Roark Capital Group has acquired Great Expressions Dental Centers from OMERS Private Equity. Great Expressions is a leading dental support organization with 269 affiliated practice locations across ten states and over 900 dentists and hygienists; Roark plans to accelerate growth through further affiliations and platform investment.

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