News

Roark Capital, owner of Shelton-based Subway, acquires Dave’s Hot Chicken for $1 billion, expanding its fast-food portfolio.
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.
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.
Popular fast-food chicken chain Dave's Hot Chicken is now under the ownership of the same equity firm that owns Subway and ...
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 ...
A private equity giant is buying a hot chicken restaurant chain that grew from a parking lot to an international brand that's ...
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 ...
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." ...