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Announced

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Roark Capital completed a $200m investment in The Cheesecake Factory.

Synopsis

Roark Capital, an American private equity firm, completed a $200m investment in The Cheesecake Factory, an American restaurant company and distributor of cheesecakes. “This transaction not only meaningfully enhances our liquidity position to navigate the near-term Covid-19 landscape and get our affected staff members back to work as soon as practicable, but also importantly, solidifies our ability to manage the business for the long-term for all of our stakeholders once we emerge on the other side of this crisis. Moreover, Roark’s investment underscores the strength of our brands, market positioning and long-term growth prospects,” David Overton, The Cheesecake Factory Chairman and Chief Executive Officer.

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