Dave’s Hot Chicken acquired by private equity firm that owns Subway
From Yahoo Finance: 2025-06-04 13:08:00
Dave’s Hot Chicken, a chain known for chicken tenders and sandwiches, was acquired by Roark Capital for $1 billion. The company plans to expand to over 400 locations globally, with rights to 1,000 more. CEO Bill Phelps aims for 4,000 locations in the next decade, maintaining menu innovation and quality.
Read more: Dave’s Hot Chicken acquired by private equity firm that owns Subway