Bizjournals.com:

One of Atlanta’s primo private equity firms, and the owner of Arby’s Restaurant Group Inc., is raising a $1 billion-plus fund.

Roark Capital Group has raised about $462 million of a proposed $1.25 billion private equity fund, according to a SEC filing.

For Roark, the new fund will be its second billion-dollar fund. The firm has $1.5 billion of equity under management and has invested in 21 franchise/consumer brand companies operating in 50 states and 52 countries, including Atlanta-based brands such as Arby’s, Batteries Plus, Moe’s Southwest Grill, Cinnabon, Carvel Ice Cream, Seattle’s Best Coffee International and Primrose Schools.

 

Originally posted by Mark on April 13, 2012 in Franchise Site.

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