Roark Capital Group acquired a majority stake in restaurant chain Jim 'N Nick's Bar-B-Q. The deal follows up Roark's 2016 investment in sandwich shop Jimmy John’s Sandwiches.
Jim 'Nicks was founded in 1985 by father and son team Jim and Nick Pihakis. The Birmingham, Alabama-based target operates 37 eateries across Alabama, Colorado, Florida, Georgia, North Carolina, South Carolina and Tennessee. The chain is known for cheese biscuits, but also offers traditional Southern style barbecue, such as Carolina-style pork.