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Roark Capital Group, an Atlanta-based private-equity firm, is buying Jim &lsquo;N Nick&rsquo;s Bar-B-Q. According to a <a href="http://www.nrn.com/mergers-acquisitions/roark-capital-group-acquires-jim-n-nick-s-bar-b-q?utm_source=1851franchise.com&utm_medium=article&utm_campaign=nations-restaurant-news-roark-capital-group-acquires-jim-n-nicks-bar-b-q-2703285" target="_blank" rel="nofollow" target="_blank">recent article in Nation&rsquo;s Restaurant News</a>, the 37-unit franchise will be the PE firm&rsquo;s 20th restaurant brand.

Founded in 1985 in Birmingham by the father and son duo Jim and Nick Pihakis, Jim &lsquo;N Nick&rsquo;s Bar-B-Q is a full-service restaurant concept that specializes in barbecue and Southern-inspired food. Right now, the brand has locations up and running in seven states, which all serve a selection of pulled pork, brisket, sausage, ham, turkey and ribs in addition to other sandwiches and salads.

&ldquo;It was important for us to find a private-equity partner that&rsquo;s aligned with our commitment to high quality, fresh barbecue and Southern cuisine,&rdquo; said Nick Pihakis in a statement quoted by Nation&rsquo;s Restaurant News. &ldquo;Roark is a highly respected PE firm with a strong track record of investing in restaurant brands to position them for sustainable, long-term growth.&rdquo;

Roark Capital&rsquo;s acquisition of Jim &lsquo;N Nick&rsquo;s Bar-B-Q is its first restaurant investment since Jimmy John&rsquo;s in 2016. The PE firm also boasts Arby&rsquo;s, CKE Restaurants, Focus Brands, Corner Bakery and Naf Naf Grill in its portfolio. The exact terms of the Jim &lsquo;N Nick&rsquo;s Bar-B-Q deal were not disclosed.

To read the original article, <a href="http://www.nrn.com/mergers-acquisitions/roark-capital-group-acquires-jim-n-nick-s-bar-b-q?utm_source=1851franchise.com&utm_medium=article&utm_campaign=nations-restaurant-news-roark-capital-group-acquires-jim-n-nicks-bar-b-q-2703285" target="_blank" rel="nofollow" target="_blank">click here</a>.

Nation’s Restaurant News: Roark Capital group acquires Jim ‘N Nick’s Bar-B-Q

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The deal is Roark Capital’s first in a restaurant brand since it invested in Jimmy John’s in 2016.

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