Inspire Brands

Inspire Brands LLC is an American holding company and the owner and franchisor[6] of the Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Mister Donut, Dunkin' Donuts, and Baskin-Robbins restaurant chains. Inspire operates Support Centers in Atlanta, Oklahoma City, Champaign, Minneapolis, Canton, Massachusetts and Hyderabad.[7] Inspire Brands is owned by Roark Capital Group.[8][9]

"Arby's Restaurant Group" redirects here. For the restaurant, see Arby's.

Inspire Brands LLC
TypePrivate
PredecessorsArby's Restaurant Group, Inc.
Dunkin' Brands
FoundedFebruary 5, 2018 (2018-02-05)
FoundersNeal Aronson and Paul J. Brown
Headquarters
Sandy Springs, Georgia
,
United States
Number of locations
32,000 (2023[1])
Areas served
Key people
Paul J. Brown (CEO)
OwnerRoark Capital Group
Number of employees
Increase 650,000+ [5] (2023)
Subsidiaries
Websiteinspirebrands.com

History

Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. Buffalo Wild Wings also owned the Rusty Taco chain.[10][11] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO.[10] Brown expected that Inspire would acquire additional chains in different segments. He plans to structure the company similar to Hilton Hotels & Resorts.[12] Co-owner The Wendy's Company's stake was reduced from 18.5% to 12.3% due to the infusion of capital from Roark Capital to fund the purchase.[13] In September 2018, Inspire had the 27-location R Taco reverted to the Rusty Taco name.[14]

On August 16, 2018, The Wendy's Company announced that it sold its 12.3% stake in Inspire Brands back to the company for $450 million, which included a 38% premium over the stake's most recent valuation.[8] On August 28, 2018, Georgia Governor Nathan Deal announced that Inspire was moving its headquarters to Sandy Springs, Georgia in 2019.[15]

Inspire Brands on September 25, 2018, announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion.[16] The acquisition was completed on December 7, 2018.[17]

Inspire Brands announced that it was buying Jimmy John's on September 25, 2019.[9][18] The deal closed on October 18, 2019.[19]

Inspire received Franchise Times’ 2019 Dealmaker of the Year award for its acquisitions of Buffalo Wild Wings and Sonic Drive-In.[20]

Inspire Brands on October 25, 2020, announced that it was buying Dunkin' Brands for $11.3 billion. [21][22] The acquisition was completed on December 15, 2020.[23]

On December 19, 2022, Inspire Brands announced that it had sold Rusty Taco to Gala Capital Partners, owner of Cicis Pizza, Dunn Brothers Coffee, and Mooyah.[24]

Brands

As of August 2023, the chains that the company owns and/or operates include:

References
  1. "Jimmy John's Sale To Inspire Brands Now Complete". Forbes. October 22, 2019.
  2. "Arby's FAQ". Arby's.
  3. "Choose Country". buffalowildwings.com. Buffalo Wild Wings. Archived from the original on November 15, 2019. Retrieved November 15, 2019.
  4. "Inspire Brands Fact Sheet" (PDF). inspirebrands.com. Inspire Brands. Archived from the original (PDF) on November 15, 2019. Retrieved November 15, 2019.
  5. "Inspire Brands". Owler.
  6. Company website
  7. "Contact". Inspire. Retrieved November 5, 2020.
  8. "Wendy's sells stake in Arby's owner for $450 million". CNBC. August 16, 2018. Archived from the original on October 6, 2020. Retrieved August 16, 2018.
  9. Dyer, Kristian (September 25, 2019). "Arby's owner beefs up portfolio, eating up another fast-food franchise". Fox Business. Retrieved November 15, 2019.
  10. Thorn, Bret (February 5, 2018). "Arby's, Buffalo Wild Wings new parent Inspire Brands debuts". Nation's Restaurant News. Retrieved February 7, 2018.
  11. "Arby's closes deal for Buffalo Wild Wings, makes new company". Star Tribune. Associated Press. February 5, 2018. Archived from the original on February 7, 2018. Retrieved February 7, 2018.
  12. Klein, Danny (February 5, 2018). "Arby's CEO: We're Not Done Buying Brands After BWW". QSR magazine. Retrieved February 7, 2018.
  13. Klein, Danny (August 2018). "Wendy's Sells Inspire Brands Stake for $450 Million". QSR Magazine.
  14. Romeo, Peter (September 5, 2018). "Inspire Brands reveals plans for its 3rd brand, now Rusty Taco". Restaurant Business. Retrieved November 28, 2018.
  15. Neighbor Newspapers Staff (August 28, 2018). "Inspire Brands bringing 1,100 jobs, $32 million to Sandy Springs". Northside Neighbor. Marietta Daily Journal. Retrieved November 28, 2018.
  16. Thorn, Bret (September 25, 2018). "Inspire Brands to buy Sonic Corp. for $2.3B". Nation's Restaurant News. Retrieved September 25, 2018.
  17. Ruggless, Ron (December 7, 2018). "Inspire closes on Sonic acquisition". Nation's Restaurant News. Retrieved December 8, 2018.
  18. Lucas, Amelia (September 25, 2019). "Arby's owner Inspire Brands buys Jimmy John's". CNBC. Retrieved September 26, 2019.
  19. Ruggless, Ron (18 October 2019). "Inspire completes purchase of Jimmy John's". Nation's Restaurant News. Retrieved 21 October 2019.
  20. "Art of the deal panel to highlight FFGC". Franchise Times. Retrieved October 12, 2020.
  21. Fontanella-Khan, James; Aliaj, Ortenca; Gray, Alistair; Temple, Patrick (October 25, 2020). "Dunkin' closes in on $9bn sale to Inspire Brands". Financial Times. Retrieved October 26, 2020.
  22. Haddon, Heather (30 October 2020). "Inspire Brands to Acquire Dunkin' Brands Group for $11.3 Billion Including Debt". Wall Street Journal. ISSN 0099-9660. OCLC 781541372. Archived from the original on 31 October 2020. Retrieved 30 October 2020.
  23. "Inspire Brands Completes Acquisition of Dunkin' Brands". www.businesswire.com. December 15, 2020. Retrieved December 15, 2020.
  24. Maze, Jonathan (December 19, 2022). "Inspire Brands sells Rusty Taco to the owner of Cicis Pizza". Restaurant Business. Retrieved December 26, 2022.
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