Dave’s Hot Chicken said Monday it has been acquired by private equity firm Roark Capital in a deal valued at $1 billion.

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, a private equity firm that also owns Subway, has acquired a majority stake in Dave's Hot Chicken for about $1 ...

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, ...

The firm, based in Atlanta, has made a name for itself acquiring and franchising major food chains such as Inspire Brands, ...

Dave’s Hot Chicken said Monday it has been acquired ... Atlanta-based Roark specializes in franchised businesses. It bought the Subway sandwich chain in 2023 and backs two holding companies ...

A spokesperson for Dave's Hot Chicken confirmed the acquisition to ... The company acquired sandwich giant Subway in 2023 for nearly $10 billion in what was one of the biggest fast food ...