News

Dave’s Hot Chicken has just been acquired by the owners of Subway for a whopping $1 billion. Sheesh. I wish this were a joke, but nope. Restaurant Brands International (RBI), which also owns major ...
Many of us take our favorite fast food restaurants for granted.After all, these dining establishments aren't exactly made for ...
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 ...
According to the acquisition announcement ... The company acquired sandwich giant Subway in 2023 for nearly $10 billion in what was one of the biggest fast food acquisitions ever.
The Subway heirs agreed to sell the chain to Roark Capital for $9.6 billion following months of acquisition rumors. The move did not improve the chain's sales in the US, but experts believe the ...