Roark Capital Group Closes Second Private Equity Fund

Roark Capital Partners II, LP is formed with $1,003,900,000

Feb 01, 2008, 00:00 ET from Roark Capital Group

    ATLANTA, Feb. 1 /PRNewswire-FirstCall/ -- Roark Capital Group, an
 Atlanta-based private equity firm, announces the final closing of its
 second institutional private equity fund. Roark Capital Partners II, LP has
 been formed with $1 billion of equity commitments. Roark's first
 institutional fund, raised in March 2005, has $413 million of equity
     "We are extremely pleased with the support received from our existing
 and new investors. The new fund will allow us to continue our strategy of
 investing in consumer and business service companies with outstanding
 management teams and strong growth prospects," said Neal Aronson, Managing
 Partner of Roark Capital Group.
     Roark's specific areas of focus include franchising, food and
 restaurants, specialty retail, direct marketing and financial services
 companies. Roark has acquired 13 franchise brands that collectively have
 more than 13,000 points of distribution, 2,000 franchisees, and $3 billion
 in system-wide revenues in 50 states and 33 countries. Roark's franchise
 brands include Batteries Plus, Carvel, Cinnabon, FastSigns, McAlister's
 Deli, Moe's Southwest Grill, Money Mailer, Schlotzsky's and Seattle's Best
 Coffee International. Roark has also acquired four direct marketing
 businesses and three financial services companies.
     About Roark Capital Group
     Roark Capital Group is an Atlanta-based private equity firm with $1.5
 billion of equity capital under management. Roark's 28 team members focus
 on consumer and business service companies with attractive growth prospects
 and revenues ranging from $20 million to $1 billion. For more information,
 please visit
Contact: Kathy Potaniec Fishman Public Relations T: (847) 945-1300, ext. 259

SOURCE Roark Capital Group