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{{Short description|American restaurant company}}
{{Use mdy dates|date=October 2018}}
{{Infobox company
| name = Inspire Brands, Inc.
| logo = File:Inspire_Brands logo.svg
| type = [[Privately held company|Private]]
| former_name =
| industry =
| predecessors = Arby's Restaurant Group, Inc.<br>[[Dunkin' Brands]]
| successor =
| founded = {{Start date and age|2018|2|5}}
| founders = Neal Aronson and [[Paul J. Brown]]
| hq_location =
| hq_location_city = [[Sandy Springs, Georgia]]
| hq_location_country = [[United States]]
| num_locations = 32,000
| num_locations_year = 2019<ref>{{cite web|url=https://www.forbes.com/sites/garyocchiogrosso/2019/10/22/inspire-brands-completes-the-purchase-of-jimmy-johns/#1334922f32b2 |title=Jimmy John's Sale To Inspire Brands Now Complete|work=Forbes|date=22 October 2019}}</ref>
| areas_served = {{ubl|United States|Canada|[[Turkey]]|[[United Arab Emirates]]|[[Qatar]]|[[Kuwait]]<ref name="arbysfaq">{{cite web |url=http://arbys.com/faq/ |title=Arby's FAQ |publisher=Arby's}}</ref>|India|México|Panamá|Philippines|Saudi Arabia<ref>{{cite news |title=Choose Country |url=https://www.buffalowildwings.com/en/choose-a-country/ |access-date=November 15, 2019 |work=buffalowildwings.com |publisher=Buffalo Wild Wings |language=en}}</ref>|+4 other countries<ref>{{cite web |title=Inspire Brands Fact Sheet |url=https://inspirebrands.com/wp-content/uploads/2019/11/Inspire-Brands-Fact-Sheet.pdf |website=inspirebrands.com |publisher=Inspire Brands |access-date=November 15, 2019 }}</ref>}}
| key_people = [[Paul J. Brown]] (CEO)
| products =
| revenue = US$14.6 billion
| revenue_year = 2020<ref>{{cite web|url=https://www.forbes.com/sites/chloesorvino/2020/07/27/why-fast-foods-smartest-operator-is-expanding-when-business-is-terrible/#361623995435|title=Why Fast Food's Smartest Operator Is Expanding When Business Is Terrible|work=Forbes|date=27 July 2020}}</ref>
| operating_income =
| income_year = <!-- Year of operating_income data (if known) -->
| owner = [[Roark Capital Group]]
| num_employees ={{increase}} 650,000 <ref>{{cite web|url=https://www.owler.com/company/inspirebrands|title=Inspire Brands|work=Owler}}</ref>
| num_employees_year =2020
| subsid = {{ubl|[[Arby's]]|[[Baskin-Robbins]]|[[Buffalo Wild Wings]]|[[Dunkin' Donuts|Dunkin']]|[[Jimmy John's]]|[[Mister Donut]]|[[Rusty Taco]]|[[Sonic Drive-In]]}}
| website = {{URL|inspirebrands.com}}
| footnotes =
}}
'''Inspire Brands, Inc.''' is an American holding company and the owner and franchisor<ref>[https://inspirebrands.com/franchising Company website]</ref> of the [[Arby's]], [[Buffalo Wild Wings]], [[Sonic Drive-In]], [[Jimmy John's]], [[Rusty Taco]], [[Mister Donut]], [[Dunkin' Donuts|Dunkin']] and [[Baskin-Robbins]] restaurant chains. Inspire operates Support Centers in [[Atlanta]], [[Oklahoma City]], [[Champaign, Illinois|Champaign]], [[Minneapolis]], and [[Canton, Massachusetts]].<ref>{{cite web|url=https://inspirebrands.com/contact/ |title=Contact |publisher=Inspire|access-date=5 November 2020}}</ref> Inspire Brands is majority-owned by affiliates of [[Roark Capital Group]].<ref name=cnbc/><ref name="foxb">{{cite news |last1=Dyer |first1=Kristian |title=Arby's owner beefs up portfolio, eating up another fast-food franchise |url=https://www.foxbusiness.com/features/inspire-brands-buys-jimmy-johns-this-is-the-big-getting-bigger-says-industry-executive |access-date=November 15, 2019 |work=Fox Business |date=September 25, 2019}}</ref>
== History ==
Inspire Brands was formed when Arby's Restaurant Group merged with Buffalo Wild Wings on February 5, 2018. Buffalo Wild Wings also owned the Rusty Taco chain.<ref name=nrn>{{cite news|last1=Thorn|first1=Bret|title=Arby's, Buffalo Wild Wings new parent Inspire Brands debuts|url=http://www.nrn.com/mergers-acquisitions/arby-s-buffalo-wild-wings-new-parent-inspire-brands-debuts|access-date=February 7, 2018|work=Nation's Restaurant News|date=February 5, 2018}}</ref><ref name=ap>{{cite news|title=Arby's closes deal for Buffalo Wild Wings, makes new company|url=http://www.startribune.com/arby-s-closes-deal-for-buffalo-wild-wings-makes-new-company/472765433/|access-date=February 7, 2018|work=Star Tribune|agency=Associated Press|date=February 5, 2018|archive-url=https://web.archive.org/web/20180207122301/http://www.startribune.com/arby-s-closes-deal-for-buffalo-wild-wings-makes-new-company/472765433/|archive-date=February 7, 2018|url-status=dead}}</ref> Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO.<ref name=nrn/> Brown expected that Inspire would acquire additional chains in different segments. He plans to structure the company similar to Hilton Hotels & Resorts.<ref name="qsr0">{{cite news|url=https://www.qsrmagazine.com/news/arbys-ceo-were-not-done-buying-brands-after-bww|title=Arby's CEO: We're Not Done Buying Brands After BWW|last1=Klein|first1=Danny|date=February 5, 2018|work=QSR magazine|access-date=February 7, 2018|language=en}}</ref> Co-owner [[The Wendy's Company]]'s stake was reduced from 18.5% to 12.3% due to the infusion of capital from Roark to fund the purchase.<ref name="qm-2018aug">{{cite news |url=https://www.qsrmagazine.com/finance/wendys-sells-inspire-brands-stake-450-million |title=Wendy's Sells Inspire Brands Stake for $450 Million |website=QSR Magazine |date=August 2018 |first=Danny |last=Klein}}</ref> In September 2018, Inspire had the 27-location R Taco reverted to the [[Rusty Taco]] name.<ref>{{cite news |last1=Romeo |first1=Peter |title=Inspire Brands reveals plans for its 3rd brand, now Rusty Taco |url=https://www.restaurantbusinessonline.com/marketing/inspire-brands-reveals-plans-its-3rd-brand-now-rusty-taco |access-date=November 28, 2018 |work=Restaurant Business |date=September 5, 2018 |language=en}}</ref>
On August 16, 2018, [[The Wendy's Company]] announced that it sold its 12.3% stake in Inspire Brands back to the company for $450 million, which included a 38% premium over the stake's most recent valuation.<ref name=cnbc>{{cite news |title=Wendy's sells stake in Arby's owner for $450 million |url=https://www.cnbc.com/2018/08/16/reuters-america-wendys-sells-stake-in-arbys-owner-for-450-million.html |access-date=16 August 2018 |work=CNBC |date=16 August 2018}}</ref> On August 28, 2018, Georgia Governor [[Nathan Deal]] announced that Inspire was moving its headquarters to [[Sandy Springs, Georgia]] in 2019.<ref name=mdj>{{cite news |author=Neighbor Newspapers Staff |title=Inspire Brands bringing 1,100 jobs, $32 million to Sandy Springs |url=https://www.mdjonline.com/neighbor_newspapers/northside_sandy_springs/business/inspire-brands-bringing-jobs-million-to-sandy-springs/article_aa2f3222-ab0f-11e8-bc9a-e7ad92afa4c4.html |access-date=November 28, 2018 |work=Northside Neighbor |publisher=Marietta Daily Journal |date=August 28, 2018 |language=en}}</ref>
Inspire Brands on September 25, 2018 announced that it was buying [[Oklahoma City]]-based [[Sonic Drive-In]] for $2.3 billion.<ref>{{cite news |last1=Thorn |first1=Bret |title=Inspire Brands to buy Sonic Corp. for $2.3B |url=https://www.nrn.com/quick-service/inspire-brands-buy-sonic-corp-23b |access-date=25 September 2018 |work=Nation's Restaurant News |date=25 September 2018}}</ref> The acquisition was completed on December 7, 2018.<ref>{{cite news |last1=Ruggless |first1=Ron |title=Inspire closes on Sonic acquisition |url=https://www.nrn.com/quick-service/inspire-closes-sonic-acquisition |access-date=8 December 2018 |work=Nation's Restaurant News |date=7 December 2018}}</ref>
Inspire Brands announced that it was buying [[Jimmy John's]] on September 25, 2019.<ref name="foxb"/><ref>{{cite news |last1=Lucas |first1=Amelia |title=Arby's owner Inspire Brands buys Jimmy John's |url=https://www.cnbc.com/2019/09/25/arbys-owner-inspire-brands-buys-jimmy-johns.html |access-date=26 September 2019 |work=CNBC |date=25 September 2019 |language=en}}</ref> The deal closed on October 18.<ref>{{cite news |last1=Ruggless |first1=Ron |title=Inspire completes purchase of Jimmy John's |url=https://www.nrn.com/mergers-acquisitions/inspire-completes-purchase-jimmy-john-s |access-date=21 October 2019 |work=Nation's Restaurant News |date=18 October 2019 |language=en | df=dmy-all}}</ref>
Inspire Brands on October 25, 2020 announced that it was buying [[Dunkin' Brands]] for $11.3 billion.
<ref>{{cite web|url=https://www.ft.com/content/1ca30979-022d-4b7a-ac99-b2c37f5829cd |last1=Fontanella-Khan |first1=James |last2=Aliaj |first2=Ortenca |last3=Gray |first3=Alistair |last4=Temple |first4=Patrick |date=October 25, 2020 |title=Dunkin' closes in on $9bn sale to Inspire Brands |work=[[Financial Times]] |access-date=October 26, 2020 |url-access=subscription}}</ref><ref>{{cite web|url=https://www.wsj.com/articles/inspire-brands-to-acquire-dunkin-brands-group-for-11-3-billion-including-debt-11604102999 |last=Haddon |first=Heather |date=October 30, 2020 |title=Inspire Brands to Acquire Dunkin' Brands Group for $11.3 Billion Including Debt |work=[[Wall Street Journal]] |access-date=October 30, 2020 | archive-url=https://web.archive.org/web/20201031023531/https://www.wsj.com/articles/inspire-brands-to-acquire-dunkin-brands-group-for-11-3-billion-including-debt-11604102999 | archive-date=2020-10-31 | issn=0099-9660 | oclc=781541372 | url-status=live | df=dmy-all}}</ref> The deal was completed on December 15.<ref>{{Cite web|date=2020-12-15|title=Inspire Brands Completes Acquisition of Dunkin' Brands|url=https://www.businesswire.com/news/home/20201215005741/en/Inspire-Brands-Completes-Acquisition-of-Dunkin%E2%80%99-Brands|access-date=2020-12-15|website=www.businesswire.com|language=en}}</ref>
Inspire received Franchise Times’ 2019 Dealmaker of the Year award for its acquisitions of Buffalo Wild Wings and Sonic Drive-In.<ref>{{cite web|url=https://www.franchisetimes.com/article_archive/art-of-the-deal-panel-to-highlight-ffgc/article_5030dce0-45a3-5b7c-91ed-18188ccad49f.html|title=Art of the deal panel to highlight FFGC|publisher=Franchise Times|access-date=12 October 2020}}</ref>
==References==
{{Reflist}}
== External links ==
* {{Official website|inspirebrands.com}}
[[Category:Companies based in Sandy Springs, Georgia]]
[[Category:Fast-food chains of the United States]]
[[Category:Fast-food franchises]]
[[Category:Restaurant chains in the United States]]
[[Category:Restaurant groups in the United States]]
[[Category:2018 establishments in Georgia (U.S. state)]]
[[Category:Economy of the Southeastern United States]]
[[Category:Companies formed by merger]]
[[Category:American companies established in 2018]]
[[Category:Restaurants established in 2018]]
[[Category:Private equity portfolio companies]]
[[Category:Inspire Brands| ]]
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