ATLANTA, Aug. 9 /PRNewswire/ -- Roark Capital Group, an Atlanta-based
private equity firm, announced today that it has acquired McAlister's Deli.
Headquartered in Ridgeland, Mississippi, McAlister's owns, operates and
franchises a chain of quick casual restaurants offering a variety of signature
sandwiches, salads, soups, stuffed baked potatoes, wraps, desserts and
proprietary beverages. McAlister's has 170 franchised and company-owned
locations across 19 states generating more than $200 million of system-wide
The acquisition of McAlister's Deli is Roark's sixth in the franchise
sector and first under its recently raised $413 million fund. Roark's other
franchise businesses include Carvel, Cinnabon, Money Mailer, Fastsigns, and
certain international markets for Seattle's Best Coffee.
"McAlister's Deli is synonymous with high quality food, variety and
service," said Neal Aronson, founder and managing partner of Roark Capital
Group. "McAlister's management team, led by its chief executive officer, Phil
Friedman, has done an excellent job of developing a strong brand name and
unit-level model that is profitable and effective for both franchisees and
Friedman will continue to lead the Company and is pleased that Roark has
added McAlister's to its portfolio of franchise businesses. "Given Roark's
proven track record in the franchise industry, we are excited about our new
partnership. We have only begun to capitalize on our potential and expect to
further accelerate the growth and awareness of the McAlister's brand."
About McAlister's Deli
McAlister's Deli is a growing chain of quick casual restaurants offering
signature sandwiches, salads, soups, stuffed backed potatoes, wraps, desserts
and proprietary beverages. The McAlister's Deli system includes 170
restaurants across 19 states with more than $200 million of system-wide sales.
For further information and directions to the store nearest you, please visit
About Roark Capital Group
Roark Capital Group is an Atlanta-based private equity firm that acquires
majority positions in franchise, financial services, niche manufacturing, and
service businesses. Roark also targets family-owned businesses in the
Southeast. The firm, with more than $560 million of equity capital under
management, specializes in companies with attractive growth prospects and
revenues ranging from $20 million to $1.0 billion. For more information about
Roark Capital Group, please visit www.roarkcapital.com.
Contact: Julie Meyer, Fishman Public Relations, (847) 945-1300, ext. 233
SOURCE Roark Capital Group