Roark Capital, owner of Shelton-based Subway, acquires Dave’s Hot Chicken for $1 billion, expanding its fast-food portfolio.

Dave’s Hot Chicken said Monday it has been acquired by private equity firm Roark Capital in a deal valued at $1 billion.

Private equity firm Roark Capital has purchased rising chicken restaurant chain, Dave’s Hot Chicken. The deal, worth an ...

The chain of nearly 400 restaurants immediately captured a young, spice-loving clientele for Nashville hot chicken in seven ...

Roark Capital, a private equity firm that also owns Subway, has acquired a majority stake in Dave's Hot Chicken for about $1 ...

The firm, based in Atlanta, has made a name for itself acquiring and franchising major food chains such as Inspire Brands, ...

who gives away hot chicken sliders every year on Oct. 24, his birthday. Atlanta-based Roark specializes in franchised businesses. It bought the Subway sandwich chain in 2023 and backs two holding ...

A spokesperson for Dave's Hot Chicken confirmed the acquisition to ... The company acquired sandwich giant Subway in 2023 for nearly $10 billion in what was one of the biggest fast food ...