Restaurants: Roark Capital Raising $5 Billion; What Could it Acquire Next?

By Ryan D. Lavender Published on January 31, 2021 at 3:10 PM

In a document dated January 28th filed with the SEC, privately-held Roark Capital indicates that it plans to raise $5 billion for its latest fund, Roark Capital Partners VI (T) LP. Roark already owns 20+ restaurant concepts, and that excludes its strategic investment in The Cheesecake Factory (CAKE; Neutral, $44.97). What restaurant concept or concepts might Roark acquire next?

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DNKN Dropping Coverage as Acquisition Closes

By Mark Kalinowski Published on December 15, 2020 at 12:00 AM

With this report, we drop coverage of Dunkin’ Brands Group (former ticker symbol DNKN) as its acquisition by privately-held Inspire Brands closed earlier today. Our former rating, EPS estimates, same-store sales forecasts, and other projections/ opinions should no longer be relied upon. (We drop all of our prior EPS estimates and target price with this report.)

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CAKE (Post-Call) Preparing to Re-Open Some Dining Rooms as Soon as Next Week

By Mark Kalinowski Published on May 5, 2020 at 12:00 AM

After today’s market close, The Cheesecake Factory (CAKE; Neutral, $19.52) reported adjusted Q1 EPS of +$0.04, one cent above our +$0.03 forecast, and well above sellside consensus (according to Consensus Metrix) of -$0.39.

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