Roark Capital Acquires Majority Stake in Dave’s Hot Chicken
Franchise Wire
JUNE 11, 2025
After refining their business, the founders in 2019 began franchising with help from Bill Phelps, Wetzel’s Pretzels co-founder and former CEO. Roark also owns non-restaurant companies such as Driven Brands (automotive repair and maintenance) and Youth Enrichment Brands, which includes School of Rock and i9 Sports.
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