Skip to content
Back to search

Is Sonic Drive-In Owned by Private Equity?

Yes — Sonic Drive-In is owned by Roark Capital, which acquired it in 2018.

PRIVATE EQUITY OWNED

Sonic Drive-In

Includes Sonic

fast food · Oklahoma City, OK

Acquirer
Inspire Brands
Year Acquired
2018

Bought for $2.3 billion. Kids hired for $7.25.

What They Did

  1. Inspire Brands (Roark Capital) acquired Sonic for $2.3 billion in 2018, taking it private
  2. Multiple child labor violations: 91 underage children found working illegally across 13 South Carolina locations
  3. Class action lawsuit filed against 30 Sonic locations for wage theft and overtime violations; settled in 2022
  4. Franchisees fined over $70,000 for child labor violations including allowing minors to operate commercial fryers

Since the Acquisition

  • Employees at three Ohio locations resigned en masse in February 2019 after Inspire management changes, alleging a 50% cut to hourly pay
  • Class action lawsuit alleged workers at 30 locations were forced to work 30+ minutes off-the-clock after shifts
  • In 2022, a federal judge ordered 10 Sonic locations across Washington and Oregon to shut down after their operator was sued for allegedly failing to pay nearly $2 million in fees. In ordering the shutdown, the court cited reports of raw or undercooked meat, rancid shakes, and mildew in the food
  • Some franchise locations quietly added a 2% surcharge to every order — a hidden fee that customers only noticed when they checked their receipts

Also owned by Roark Capital

View Roark Capital profile →

Also PE-touched in Restaurants

Chuy's, Red Lobster, Panera Bread, and TGI Friday's.

Browse all Restaurants

We’ll keep you posted

New companies, new receipts. No spam.

What people ask

Is Sonic Drive-In owned by private equity?

Yes. Sonic Drive-In is currently owned by Roark Capital, which acquired it in 2018. Bought for $2.3 billion. Kids hired for $7.25.

What happened to Sonic Drive-In after the acquisition?

Employees at three Ohio locations resigned en masse in February 2019 after Inspire management changes, alleging a 50% cut to hourly pay Class action lawsuit alleged workers at 30 locations were forced to work 30+ minutes off-the-clock after shifts

Who owns Sonic Drive-In?

Sonic Drive-In is owned by Roark Capital, which acquired it in 2018.