The company could fetch more than $1.5 billion – three times what it sold for in a 2019 buyout, according to a report.

In a major move that signals both confidence and ambition, Dave’s Hot Chicken has been acquired for $1 billion by Roark Capital, the same private equity powerhouse behind Subway and Dunkin’. This ...

Four high school dropouts including a former standup comedian and line cook, rapper Drake and the son of an oil billionaire ...

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 ...

As reported by the Wall Street Journal, the restaurant chain was bought by a private-equity firm. Dave’s Hot Chicken has been lauded for its unique business model, which includes a simple menu, a ...

A private equity giant is buying a hot chicken restaurant chain that grew from a parking lot to an international brand that's very popular on TikTok. Roark Capital has purchased a majority stake in ...

Private equity-backed companies’ initial public offerings appear poised to take off in this year’s second half as the exit ...

Just eight years after starting in a Los Angeles parking lot, Dave's Hot Chicken has been acquired by private equity firm Roark Capital in a deal worth approximately $1 billion to enter its "next ...

This week’s restaurant news discussion podcast features a look at the sale of the chicken chain to Roark Capital, ...

Private equity firm Roark Capital has bought a majority stake in Dave's Hot Chicken, the company announced on Monday. Financial terms were not disclosed, but Dave's CEO Bill Phelps said on CNBC's ...

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