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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.
Roark Capital, owner of Shelton-based Subway, acquires Dave’s Hot Chicken for $1 billion, expanding its fast-food portfolio.
RetailWire on MSN2d
Dave’s Hot Chicken Sold for $1 Billion to Subway Private Equity Owner, Roark CapitalIn a major move that signals both confidence and ambition, Dave’s Hot Chicken has been acquired for $1 billion by Roark ...
Four high school dropouts including a former standup comedian and line cook, rapper Drake and the son of an oil billionaire are all winners in Dave's sale to Roark Capital.
Private equity firm Roark Capital has purchased rising chicken restaurant chain, Dave’s Hot Chicken. The deal, worth an ...
Soy Carmín on MSN1d
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 ...
Four childhood friends took Dave's Hot Chicken from portable fryers in a parking lot to a billion-dollar restaurant ...
Dave’s Hot Chicken, the rapidly rising fast-food chain known for its spicy chicken offerings, has been acquired by private ...
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