Roark Capital Group Acquires Majority Stake in Dave's Hot Chicken
June 11, 2025
Roark Capital Group has acquired a majority stake in Los Angeles-based fast-casual chain Dave's Hot Chicken in a deal reported at roughly $1 billion. The founders and senior leadership will remain in place as Roark positions the brand for accelerated domestic and international franchised growth leveraging its restaurant portfolio and supply-chain capabilities.
- Buyers
- Roark Capital Group
- Targets
- Dave's Hot Chicken
- Industry
- Restaurants & Hospitality
- Location
- California, United States
- Transaction Type
- Buyout
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