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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. CNN cited Datassential Menu Trends research that crispy chicken on fast-food menus has grown 16% since 2021. and Hardee’s).

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Kyle Kuzma's Winning Play: Transforming the QSR Game with Mahana Fresh

Franchise Journal

He won an NBA championship with the Lakers in 2020 before being traded to the Wizards in 2021. Founded in 2019 by entrepreneur Dave Wood, Mahana Fresh is on a mission to revolutionize the QSR industry by offering a fresh, healthy alternative to traditional fast food.

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Mahana Fresh: Revolutionizing QSR

Franchise Journal

Mahana Fresh was founded in early 2019 by veteran restaurant operator Dave Wood of Sarasota, Florida, who owned 17 Dominos restaurants for nearly 30 years and has been an investor and advisor in some of the most well known fast food franchise concepts over the decades.

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13 Interesting Facts About the Franchise Industry in the US

Franchise Fame

As of 2021, these individuals owned 66,000 franchises. For example, Ray Kroc of McDonald’s took the franchise concept to a whole new level in April 1955 after he became intrigued by the McDonald brothers’ fast-food concept and their need for eight milkshake machines. The story of Dunkin’ is equally fascinating and inspiring.