Food Retailing / Supermarkets

Arby’s to Get New Owner

Buyer formed by Roark Capital Group

Published

13 years ago

June 15, 2011

VMSD Staff

Wendy’s/Arby’s Group Inc. announced a definitive agreement for the sale of Arby’s Restaurant Group Inc. to a buyer formed by Atlanta-based Roark Capital Group, reports Supermarket News. Wendy’s/Arby’s Group (Atlanta) will retain an 18.5 percent ownership interest in the Arby’s business, which operates more than 3000 restaurants in the U.S.

Private equity firm Roark Capital Group focuses on investing in franchise, brand management and restaurant companies. The aggregate transaction value is estimated to be $430 million.

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