News & Insights

Cases & Deals

November 18, 2013

King & Spalding Advised Roark Capital Group in Its Acquisition of CKE Restaurants in a Transaction Valued at Approximately $1.7 Billion

King & Spalding advised Roark Capital Group in connection with its acquisition of a majority stake in CKE Inc. CKE, through its subsidiaries, has a total of 3,400 franchised or company-operated restaurants in 42 states and 29 foreign countries and U.S. territories worldwide, including 1,409 Carl’s Jr. restaurants and 1,977 Hardee’s restaurants. The transaction is valued at $1.75 billion.