FlashNews: Roark Buys Three Chains, Managers Buy Sizzler and More


June 15, 2011

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Roark Capital Buys Arby's, Corner Bakery and Il Fornaio FE&S FlashNews
In a potential sign of things to come, Atlanta-based private equity firm Roark Capital has reached a pair of agreements that allow it to purchase three restaurant chains from their respective owners including Arby's, Corner Bakery Café and Il Fornaio Restaurants and Bakeries.

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Management Group Buys Sizzler's U.S. Operations FE&S FlashNews
A group of the chain's management, led by chief executive officer Kerry Kramp, has acquired fast-casual dining concept Sizzler's U.S. interests from Australia's Pacific Equity Partners. Sizzler U.S.A. owns or franchises 178 restaurants in the United States and Puerto Rico. Terms of the sale were not disclosed.

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Big Game Brands Adds Cowlicks Yogurt and Floats FE&S FlashNews
Big Game Brands added Cowlicks Yogurt and Floats, a self-service frozen-yogurt-and-float operation, to its roster of franchised restaurant concepts. With its menu of frozen yogurt, toppings and fountain soft drinks, Cowlicks Yogurt and Floats serves the specialty dessert and snack segments of the foodservice industry.

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Manitowoc Names Wonder Sr. VP of Global Accounts FE&S FlashNews
Robert Wonder was named senior vice president of global accounts for Manitowoc Foodservice, a multi-brand foodservice equipment manufacturer.


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National Restaurant Association Elects Three New Board Members FE&S FlashNews
The National Restaurant Association elected three foodservice professionals to its board of directors.

AHF Awards Recognize Members and Suppliers FE&S FlashNews
The Association for Healthcare Foodservice recognized a series of foodservice professionals for their service to the organization and the industry during its 2011 Awards Gala.



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In an effort to accelerate its penetration into the foodservice industry, Rubbermaid Commercial Products (RCP) added 20 independent manufacturers' rep groups to its sales force.

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