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Deals Rumor Mill: Focus Brands, ByteDance, Mellanox

By Adam Rhodes ( October 26, 2018, 6:32 PM EDT) -- Carvel, Auntie Anne's and Cinnabon franchiser Focus Brands could be going pubic next year, Bloomberg reported on Friday. Citing anonymous sources, the outlet reported that Roark Capital Group has held talks about an initial public offering for the franchiser in the first half of next year. According to the report, an IPO could value Atlanta-based Focus at upward of $1 billion. The report comes after Roark said on Wednesday that its latest investment fund and a related fund scooped up a combined $6.5 billion in commitments....

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