Auntie Anne’s is the sixth franchise in Roark Capital’s Focus Brands portfolio, which includes Carvel Ice Cream, Cinnabon and Seattle’s Best Coffee.
Auntie Anne’s is the world’s largest hand-rolled soft pretzel chain, with nearly 1,100 stores in 44 states and 21 countries. The 22-year-old firm has 220 full-time and 119 part-time employees at its headquarters.
The deal was announced last month. Terms were not disclosed.