article thumbnail

Roark Capital Acquires Majority Stake in Dave’s Hot Chicken

Franchise Wire

Roark Capital Group had been monitoring the brand since about 2021, according to The Wall Street Journal , which reported that Dave’s executives joked they had a private-equity stalker. Earlier this month, Roark took majority ownership of the spicy fried chicken brand in a deal Reuters reported at approximately $1 billion.

article thumbnail

Can Franchising In SA Keep Up With Global Growth?

SA Franchise Brands

South Africa’s economy is characterised by a dual nature: a well-developed industrial base co-existing with widespread poverty and unemployment” says Parker. Franchisees benefit from the established brand, proven business models, training, and support from the franchisor. appeared first on SA Franchise Brands.

article thumbnail

Franchises with Lowest Failure Rate

VettedBiz

Some of these franchise brands you may recognize, like Dominos , Texas Roadhouse , and Hilton Hotels. Kona Ice is a franchise concept in the Food and Beverage industry. from 2017-2019. 931 2019 0 0.0% 1061 Total 3-year (2017-2019) 0 0.0% from 2017-2019. 201 2019 0 0.0% from 2017-2019.