date:Dec 27, 2013
Roark Capital Group, an Atlanta-based private equity firm, has completed its acquisition of a majority stake in CKE Inc., the Carpinteria, Calif.-based parent company of Carls Jr. and Hardees. Terms of the transaction were not disclosed.
The CKE system, which also includes Green Burrito and Red Burrito brands, has 3,413 restaurants in 42 states and in 30 foreign countries and U.S. territories, generating approximately $4 billion in system revenues.
This is an exciting day for CKE, said Andy Pu