Roark Capital Group Acquires McAlister's Deli Atlanta-based private equity firm purchases its sixth franchise business



    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
 sales.
     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
 company stores."
     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
 www.mcalistersdeli.com.
 
     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
 or jmeyer@fishmanpr.com
 
 

SOURCE Roark Capital Group

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