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Subway, Hot Chicken and Dave

As Subway struggles, its owner bets $1 billion on a booming fried chicken chain

Roark Capital, a major investment firm with deep roots in the food industry, has finalized a strategic acquisition: the purchase of Dave’s Hot Chicken, a fast-growing

The Daily Dot · 2d

“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.

The Advocate · 3d

Owner of CT-based Subway, Roark Capital, buys Dave’s Hot Chicken in $1B deal

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 Capital

In a major move that signals both confidence and ambition, Dave’s Hot Chicken has been acquired for $1 billion by Roark ...

mlive4d

Rising hot chicken chain bought by Subway parent company, plans to open 155 locations this year

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 ...

New York Post3d

Dave’s Hot Chicken sold to Subway owner in $1 billion deal

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 ...

4don MSN

A Hot Chicken Chain Founded in 2017 Was Just Acquired for $1 Billion: 'One of the Great Entrepreneurial Journeys of our Time'

Four childhood friends took Dave's Hot Chicken from portable fryers in a parking lot to a billion-dollar restaurant ...

Major fast-food chain joins Subway and Dunkin’ in a high-stakes billion-dollar deal

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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