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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.

1don MSN

Subway owner makes major billion-dollar fast food acquisition

Related: Lowe's makes one of its largest ever billion-dollar acquisitions. They're intended to serve up a hot meal quickly ...

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 ...

New York Post3d

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

Atlanta-based Roark specializes in franchised businesses. It bought the Subway sandwich chain in 2023 and backs two holding companies that own multiple restaurant chains: Inspire Brands ...

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