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An Arby's restaurant with a vintage sign in Midland, Michigan (2006). Arby's was founded in Boardman Township, Ohio, on July 23, 1964, by brothers Forrest (1922–2008) [15] and Leroy Raffel (1927–2023), [16] owners of a restaurant equipment business who thought there was a market opportunity for a fast food franchise based on a dish other than hamburgers.
Inspire Brands LLC is an American fast-food restaurant franchise company. Owned by Roark Capital Group, it owns the Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Mister Donut, Dunkin' Donuts, and Baskin-Robbins chains, which have a combined 31,700 locations and US$30 billion in system sales.
The Group is headquartered in San Francisco. [10] A support office is located in Independence, Ohio. [2]As of 2024, the Group operated around 2,600 franchise locations around the world, primarily of Applebee’s, Arby's, Pizza Hut, Wendy's, Panera Bread, Taco Bell, and Planet Fitness. [8]
On June 13, 2011, Wendy's/Arby's Group Inc. announced that it would sell the majority of its Arby's chain to Roark Capital Group, maintaining an 18.5% stake in the company. [ 30 ] In August 2011, the Wendy's Company announced it would move its corporate headquarters from Sandy Springs, Georgia , to their Dublin Restaurant Support Center (Wendy ...
In November 2017, Roark Capital Group and The Wendy's Company, co-owners of Arby's Restaurant Group, announced its plan to purchase the chain for about $2.4 billion plus debt. [ 13 ] [ 14 ] This deal was completed on February 5, 2018 with Arby's Restaurant Group being renamed Inspire Brands and set up as the holding parent company to Arby's ...
Its headquarters moved to Dublin, Ohio, on January 29, 2006. As of December 31, 2018, Wendy's was the world's third-largest hamburger fast-food chain, following McDonald’s and Burger King . On September 29, 2008, the company merged with Triarc , the publicly traded parent company of Arby's .
On September 25, 2018, Atlanta-based Inspire Brands, owner of Arby's and Buffalo Wild Wings, announced that it would acquire Sonic for $2.3 billion. [53] The acquisition was completed on December 7, 2018. [54] In September 2017, Sonic opened its first location in Alaska in Wasilla, [55] and a year later it opened its second Alaska location in ...
In May 2013, Brown became Chief Executive Officer of Arby’s. [7] During his tenure as CEO of Arby’s, the brand introduced a new restaurant design and launched the “We Have The Meats” marketing campaign. [8] Brown also introduced new menu items including smokehouse brisket, pork belly, gyros, deep-fried turkey, and venison. [9]