Subway has closed over 7,600 U.S. stores since 2016, adapting to shifting consumer trends and competition, while planning a ...

Private-equity firm Roark Capital is in advanced discussion to purchase Dave's Hot Chicken for about $1 billion. A deal could happen soon, as long as no issues arise, according to a WSJ report on ...

Preeti Singh covered institutional investors from New York.

Chris Cumming covers private equity for WSJ Pro, focusing on fundraising, limited partners and legal and regulatory issues. He can be reached at [email protected] ...

Roark Capital's proposed acquisition of Subway introduces a significant pivot. This strategy shift towards a substantial debt model underlines the evolving dynamics of franchise growth and capital ...

Blackstone’s transaction was the largest deal in the fast food space since Subway sold itself to private equity firm Roark Capital last year for about $9.6 billion.

Photographer: Bloomberg/Bloomberg (Bloomberg) -- Driven Brands Holdings Inc., an automotive services company backed by Roark Capital, is set to raise about $700 million in an initial public ...