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Capital group from Atlanta buys portion of Culver's

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PRAIRIE DU SAC, Wis. - The Roark Capital Group purchased a portion of Culver's ownership on Saturday.

The Roark Capital Group bought a minority of shares from Culver's shareholders. The Culver family will maintain majority ownership of the company.

"For many years the Culver family has been discussing ownership succession planning with the desire to remain a family-owned business, stay privately held and proceed with thoughtful estate planning," said company co-founder and board chairman Craig Culver. "The sale of a minority interest allows us to do so."

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