Focus Brands to acquire Auntie Anne's

Focus Brands to acquire Auntie Anne's

Private-equity firm Roark Capital said Friday that Focus Brands, one of its portfolio companies, is acquiring the Auntie Anne’s soft-pretzel chain.

Terms were not disclosed, but Roark said the deal is expected to close later this fall.

Lancaster, Pa.-based Auntie Anne's, which franchises 1,100 stores in 44 states and 21 countries, joins Carvel, Cinnabon, Schlotzsky’s and Moe’s Southwest Grill in Focus Brands' portfolio of restaurant concepts.

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