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Popular chicken chain sold to Subway owner in $1 billion deal
Roark bought Subway in 2023 for $9.6 billion. The firm also backs two holding companies that own multiple restaurant chains including Inspire Brands, the parent of Arby’s, Dunkin’, Jimmy John’s, Sonic and Buffalo Wild Wings, along with GoTo Foods, which owns Auntie Anne’s, Carvel, Cinnabon and Jamba Juice.
“RIP Dave’s”: Fans are memorializing Dave’s Hot Chicken after Subway owner buys the chicken chain
The firm, based in Atlanta, has made a name for itself acquiring and franchising major food chains such as Inspire Brands, which controls Arby’s, Dunkin’, Sonic, and Buffalo Wild Wings, as well as GoTo Foods, the company behind Auntie Anne’s, Jamba, and Cinnabon.
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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 ...
Roark Capital, owner of Shelton-based Subway, acquires Dave’s Hot Chicken for $1 billion, expanding its fast-food portfolio.
Private equity firm Roark Capital has purchased rising chicken restaurant chain, Dave’s Hot Chicken. The deal, worth an ...
Soy Carmín on MSN2d
Subway's Billion-Dollar Bet: Can the Sandwich Giant Rise Again with a Fried Chicken Empire?The familiar aroma of freshly baked bread at Subway has been a staple of American quick-service dining for decades. But ...
Dave’s Hot Chicken said Monday it has been acquired by the private equity firm Roark Capital in a deal valued ... It bought the Subway sandwich chain in 2023 and backs two holding companies ...
Four childhood friends took Dave's Hot Chicken from portable fryers in a parking lot to a billion-dollar restaurant ...
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