Jimmy John's acquisition announced and will make Inspire Brands, the buyer, the fourth largest restaurant company.

Parent of Sonic, Arby’s to acquire Jimmy John’s

Jimmy John’s acquisition to make Inspire fourth largest U.S. restaurant company

Jimmy John Liautaud, founder and chairman, along with its Board, approved Jimmy John’s acquisition by Inspire Brands. The parent of Arby’s, Buffalo Wild Wings, Sonic, and Rusty Taco—Inspire—entered into an agreement to purchase the sandwich chain for an undisclosed amount September 25. A Roark Capital subsidiary, the parent of Arby’s has annual sales totaling more than $14B. Inspire will also become the fourth largest U.S. restaurant company after the Jimmy John’s acquisition closes.

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Inspire Brands names Raghu Sagi chief information officer

Inspire Brands names Raghu Sagi chief information officer

New Inspire Brands CIO to lead technology initiatives across 8,300 restaurant locations

Inspire Brands has tapped Raghu Sagi to be its chief information officer (CIO) effective April 15. Sagi comes to Inspire Brands with technology leadership and high-level digital oversight experiences. Inspire is the parent of Arby’s, Buffalo Wild Wings, Sonic, and Rusty Taco, Having most recently worked as chief engineering officer at Sephora Americas, Sagi oversaw omni-channel digital, retail, personalization and CRM. including loyalty and the Data Insights technology framework there.

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