Free Range
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Private equity in restaurants & food

Franchise systems and restaurant brands under one owner. Here are the firms we track consolidating this sector — and the consumer-facing brands they're behind. These owners are kept out of the Free Range directory.

Roark Capital

Private equity

Franchise-specialist; the single biggest actor in local consumer rollups.

Inspire BrandsSubwayCKE RestaurantsGoTo FoodsDriven BrandsServiceMaster BrandsPurpose BrandsMassage EnvyPrimrose SchoolsMathnasiumSchool of RockYouth Enrichment Brands

JAB Holding Company

Holding company

Repeated FTC enforcement over its veterinary rollup.

National Veterinary AssociatesNVACompassion-First Pet HospitalsSAGE Veterinary PartnersEthos Veterinary HealthKrispy KremePanera BreadCaribou CoffeePeet's Coffee
Private equity in Restaurants & food — the firms & brands · Free Range