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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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