Roark Capital Acquires Majority Stake in Dave’s Hot Chicken
Franchise Wire
JUNE 11, 2025
Franchisees’ Initial Hesitation At first, Dave’s 70-plus franchisees concerned about the Roark acquisition, Oganesyan told QSR Magazine, but they relaxed once they learned Phelps, Bitticks, Oganesyan (chief brand officer) and Dave Kopushyan (chief culinary officer) would stick around. In the U.S., The unit economics for them are great.”
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