Roark Capital Group acquires Pet Supermarket

The owner of Corner Bakery, Arby’s and Batteries Plus, among other national retailers, has acquired Pet Supermarket.

Atlanta-based private equity firm Roark Capital Group says Pet Supermarket will remain headquartered in Sunrise, Fla., and continue to be led by CEO Diane Holtz. Pet Supermarket operates 155 pet specialty retail stores in 11 states generating over $300 million of revenue.

"We are pleased to welcome Pet Supermarket to the Roark family," said Ezra Field, managing director of Roark Capital. "Diane and her team operate a terrific pet specialty chain with friendly, knowledgeable staff that is clearly committed to customer service."

Roark Capital has acquired 43 multi-unit brands that collectively generate $17 billion of annual system revenues through 20,000 locations that operate in 50 states and 72 countries. Pet Supermarket is Roark's fourth pet specialty retail investment.

"We are excited to have Roark as our growth partner," said Diane Holtz, Pet Supermarket's CEO. "Roark brings to us incredible resources, consumer retail knowledge, and a collaborative approach to working with its portfolio companies that will enable us to accelerate Pet Supermarket's growth."