Roark Capital Group, an Atlanta-based private equity firm that focuses on investing in franchise and brand management companies, announced that its affiliate has completed the acquisition of Arby's Restaurant Group, the second largest quick-service sandwich chain in the United States with more than 3,600 restaurants.
Neal Aronson, managing partner of Roark Capital Group, said, "Arby's is an iconic brand with a unique position in the marketplace. We are excited to partner with Arby's President Hala Moddelmog and the many dedicated employees and franchisees of the Arby's brand."