According to reports,
#DavesHotChicken has been acquired by Roark Capital in a $1 billion deal. Founded in 2017 as a Los Angeles popup, the Nashville-style hot chicken brand is expected to reach 400 locations globally by the end of the year. Roark Capital, based in Atlanta, specializes in franchised businesses and also owns
#Subway. It backs Inspire Brands (Arby’s, Dunkin’, Jimmy John’s, Sonic, Buffalo Wild Wings) and GoTo Foods (Auntie Anne’s, Carvel, Cinnabon, Jamba).
#news