Subway Restaurants to Be Acquired by Roark Capital Affiliates
August 24, 2023
Subway announced it entered into a definitive agreement to be acquired by affiliates of Roark Capital. The deal combines Subway’s global footprint and brand strength with Roark’s experience in restaurant and franchise business models, and is subject to regulatory approvals and customary closing conditions.
- Buyers
- Roark Capital affiliates
- Targets
- Subway Restaurants
- Industry
- Restaurants & Hospitality
- Location
- United States
- Transaction Type
- Buyout
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