SOURCE: King & Spalding

King & Spalding

November 20, 2013 13:28 ET

King & Spalding Advises Roark Capital in Purchase of CKE Inc.

ATLANTA, GA--(Marketwired - Nov 20, 2013) -  King & Spalding advised Roark Capital Group, an Atlanta-based private equity firm, in the acquisition of CKE Inc. 

Carpinteria, Calif.-based CKE owns, operates or franchises a total of 3,400 quick-service restaurants in 42 U.S. states and 29 foreign countries and U.S. territories worldwide under the brands of Carl's Jr., Hardee's, Green Burrito and Red Burrito.

Roark Capital, with more than $3 billion in equity capital under management, specializes in franchise, brand management, environmental services and marketing services companies with attractive growth prospects. CKE is Roark's 14th restaurant investment and Roark affiliates have also acquired other restaurant concepts including Miller's Ale House, Arby's, Auntie Anne's, Cinnabon, Carvel Ice Cream, Corner Bakery, Il Fornaio, McAlister's Deli, Moe's Southwest Grill, Schlotzsky's and Wingstop. Roark's portfolio also includes brands such as Atkins Nutritionals, Massage Envy, Batteries Plus, Primrose Schools, Money Mailer, FASTSIGNS, and Pet Valu.

The King & Spalding legal team involved in the transaction was led by Atlanta corporate partner Ray Baltz and consisted of the following lawyers:

Bill Roche (partner, Atlanta)
Robert Leclerc (senior associate, New York)
Austin Dailey (associate, Atlanta)
Matthew McCoy (associate, Silicon Valley)
Michelle Stewart (associate, Atlanta)
Gina von Sternberg (associate, Atlanta)
Kai-Ting Yang (associate, New York)

Wayne Pressgrove (partner, Atlanta)
Robert Beard (associate, Atlanta)

Employee Benefits:
Kenneth Raskin (partner, New York)
Ryan Gorman (associate, Atlanta)
Emily Meyer (associate, New York)

Jeffrey Spigel (partner, Washington)
Brian Meiners (counsel, Washington)

About King & Spalding
Celebrating more than 125 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 800 lawyers in 17 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality and dedication to understanding the business and culture of its clients. More information is available at

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