CKE may be leaving Carpinteria
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Beach town in spotlight: Carpinteria benefits from tech firms like Lynda.com
Carpinteria is made up of just seven square miles and about 14,000 residents, yet companies including Agilent Technologies subsidiary Dako, silicone manufacturer Nusil and restaurant management firm CKE all call it home.
Procore deal raises a flag for Carpinteria’s office market
Recent deals in Carpinteria could help the city’s stagnant office market turn the corner.
Apollo cashes in on CKE with $1.6B sale
CKE will join Roark affiliated companies, which include Arby’s, Cinnabon, Carvel, Wingstop, Corner Bakery and a number of others. “The cultural match is very positive, and we look forward to taking full advantage of their experience and expertise in the restaurant segment,” CKE chief executive Andy Puzder told the Business Times.
CKE Restaurants sold to Atlanta private equity firm
CKE Restaurants, the Carpinteria-based parent of Carls Jr. and Hardees, has been sold to an Atlanta private equity firm specializing in restaurant chains.
The price was not disclosed and the sale to an affiliate of Roark Capital Group comes five months after Apollo Global Management hired Goldman Sachs to explore a sale or spinoff of the company it purchased in 2010.
These three middle-class firms are fighting their way to the top
This is turning out to be a tough time for some of the region’s biggest names in fashion, fast food and financial services.
