Moe’s Now Part Of Roark’s FOCUS Brands

Money Central

Roark Capital Group’s FOCUS Brands Inc. has closed its deal to buy Atlanta-based fast casual Mexican chain Moe’s Southwest Grill for an undisclosed price.

Moe’s, which stands for Musicians, Outlaws and Entertainers, was founded in 2000 by entrepreneur Martin Sprock. Its meteoric growth captured news and trade magazines’ headlines nationwide. Moe’s Southwest Grill operates and franchises a chain of 360 quick casual Tex-Mex restaurants generating more than $300 million in system-wide sales in 34 states.