⚡ Get All Content for 20% Off ⚡

Roark Capital Group Acquires FastSigns International Inc. <b></b>

entrepreneur daily

Atlanta--Roark Capital Group, a private equity firm, has acquired FastSigns International Inc., a franchisor in the sign and graphics industry. Founded in 1985, FastSigns has a network of more than 440 franchised stores located in 43 states and six countries, with systemwide revenues of approximately $200 million. As a part of the transaction, Neal Aronson, managing partner of Roark Capital Group, becomes chairman of the board of directors for FastSigns.

FastSigns is Roark Capital's third acquisition of a franchise organization. In May 2003, Roark Capital acquired Money Mailer LLC, the second largest shared mail advertising company in the United States, with more than 250 franchisees mailing over 120 million envelopes annually to more than 17 million homes on behalf of 30,000 businesses. Roark Capital also owns Carvel Corp., the leading manufacturer of branded ice cream cakes in the United States and a top producer of premium soft-serve ice cream with over 425 franchised and food-service locations and 5,700 supermarket outlets. -The Inside Pitch

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

The Remote Side Hustle a 43-Year-Old Musician Works on for 1 Hour a Day Earns Nearly $3,000 a Month: 'All From the Comfort of Home'

Sam Ziegler wanted to supplement his income as a professional drummer — then his tech skills and desire to help people came together.

Business News

Costco CFO Reveals Uncertain Fate of $1.50 Hot Dog and Soda Combo

CFO Richard Galanti reveals that the price will stay the same — but only "for a while."

Business News

The Most Unexpectedly Popular Side Hustle of the Decade Has Low Startup Costs and High Markups

A new report shows that vending machines are a popular investment — and the industry is set to grow up to $3 billion by 2031.

Marketing

Ever Wonder Why Certain Websites Rank Higher Than Yours? This SEO Expert Reveals The Secret to Dominating Search Results

It's often the smart use of SEO, now supercharged with AI, particularly in keyword optimization.

Business News

AI Is Impacting Jobs. Here Are the Gigs Affected the Most, According to an Analysis of 5 Million Upwork Postings

The researcher said in the report that freelance jobs were analyzed first because that market will likely see AI's immediate impact.

Leadership

Former Interrogator Shares 5 Behaviors Liars Exhibit and How to Handle Them

Five deceptive behaviors to look for and how to respond to those behaviors when you encounter them.