Arby's parent company Inspire Brands has been on a dealmaking spree for the last 20 months, but after closing its deal for Jimmy John's, it could be slowing down.
Arby's parent company Inspire Brands has been on a dealmaking spree for the last 20 months, but after closing its acquisition of Jimmy John's, it could be slowing down." on Monday that the company's deals have allowed it to achieve scale, which was one of its first objectives.Inspire, backed by private equity firm Roark Capital Group, announced Friday that it had completed. Roark formed Inspire when it merged Arby's and Buffalo Wild Wings in 2018. It announced the $2.
The Jimmy John's acquisition makes Inspire the fourth largest restaurant company in the United States, with more than $14 billion in annual system sales and more than 11,200 restaurants, according to Inspire. Jimmy John's reached $2.1 billion in sales last year. Brown said that the company is now just focused on being a private company and investing in its restaurant chains.
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