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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Sonic Drive-In: Eatery Pulse Streem

Sonic Corp. reports improved sales for its final fiscal 2018 quarter

Sonic Corp. announced its financial results for the fourth fiscal quarter of 2018 (Q4). In September, Sonic agreed to a merger agreement in which it will be acquired by Inspire Brands, a wholly-owned subsidiary of Roark Capital. Comparable sales across the system of Sonic drive-ins increased 2.6 percent. This was comprised of a 2.6-percent comparable sales increase at franchised stores and company stores increasing 2.5 percent. Operating margins at company-owned stores decreased 80 basis points.

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Inspire Brands Acquisition of Sonic: Eatery Pulse Streem

Roark Capital-controlled Inspire Brands to acquire Sonic Corporation for $2.3B

Parent of Buffalo Wild Wings, Arby’s, Rusty Taco to acquire Sonic in multibillion dollar deal

The ink was still drying on the acquisition of Jamba Juice by Focus Brands, a wholly-owned Roark Capital subsidiary, when Inspire Brands, another Roark subsidiary, announced an agreement to acquire Sonic in a transaction valued at $2.3B. Inspire Brands is the parent of restaurant chains Arby’s, Buffalo Wild Wings and Rusty “R” Taco, and made the announcement September 25.

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