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. RestaurantDive.com noted that Dave’s is particularly well-positioned for prosperity, observing: “Many fast-casual and chicken brands are growing faster than the rest of the industry.”
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