News

Roark Capital, owner of Shelton-based Subway, acquires Dave’s Hot Chicken for $1 billion, expanding its fast-food portfolio.
Roark Capital Group has agreed to exit Pet Valu, a Canadian retailer of pet food and pet-related supplies, in a secondary bought deal offering.
According to reports, the popular fried chicken chain currently operates about 310 locations, but there are plans for rapid expansion. Yahoo!finance reported that Dave’s has sold rights to “more than ...
Dave’s Hot Chicken said Monday it has been acquired by private equity firm Roark Capital. The acquisition deal was said to be ...
Indianapolis is home to two Dave's Hot Chicken restaurants. The brand specializes in Nashville-style hot chicken tenders ...
The long-rumored deal will help the chain hit its ambitious unit growth targets as it looks to become the leading fast casual ...
The fast-casual chain went from parking-lot popup to 10-digit deal in eight years. As the "rock star" in the private-equity ...
Popular fast-food chicken chain Dave's Hot Chicken is now under the ownership of the same equity firm that owns Subway and platform companies that operate other fast-food chains.
Roark Capital bought Subway in 2023 for more than ... In 2019, an investor group led by Wetzel’s Pretzel’s co-founder Phelps stepped in and began to expand the brand through franchising." ...
But Roark Capital, which owns Subway, is going to have $1 billion less of those bucks in the short-term because it has ...