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Sonic - Ownership and Business Overview

RestaurantsCompany

Sonic Ownership

Who owns Sonic?

Sonic is owned by Inspire Brands. It was acquired on September 25, 2018.

Sonic Business Overview

Where is Sonic headquartered?

Sonic is headquartered in Oklahoma City, Oklahoma.

What is Sonic’s revenue?

Sonic disclosed revenue of 477M USD for 2017 and 606M USD for 2016.

How many employees does Sonic have?

Sonic has 6,000 employees.

What sector is Sonic in?

Sonic is a restaurants company.

When was Sonic founded?

Sonic was founded in 1953.

Restaurants M&A Summary in 2018

Out of 60 sectors in the Mergr database, restaurants ranked 37 in number of deals in 2018. The largest restaurants acquisition in 2018 was Sonic - which was acquired by Inspire Brands for $2.3B.

Sign-up to view all 56 acquisitions of restaurants companies in 2018, including 22 acquisitions by private equity firms, and 34 by strategics.

Sonic Corp.

300 Johnny Bench Drive,
Oklahoma City, Oklahoma 73104
United States,
(405) 225-5000
www.sonicdrivein.com

Sonic Corp. owns and operates restaurants with more than 3,500 drive-ins serving approximately 3 million customers every day. Sonic Corp. was established in 1953 and is headquartered in Oklahoma City, Oklahoma.


Company Summary

SECTOR

Restaurants

Revenue

477   22% 2017
606   0% 2016
606   10% 2015
552   2% 2014
542   2013
(millions of USD) Show More Show Less

Employees

6,000

Established

1953

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