Focus Buys Moe's Southwest

Focus Brands, a restaurant franchise acquisition platform backed by Roark Capital Partners, has acquired Moe's Southwest Grill, a fast-casual restaurant chain with 360 locations. No financial terms were disclosed. Focus Brands now has five franchise brands generating over $1 billion in annual system-wide revenue. Moe's joins sister companies Carvel Ice Cream (acquired in 2001), Cinnabon (2004), Seattle's Best Coffee International (2004) and Schlotzsky's (2006).