This is the fourth brand investment for the portfolio company this year, following Taffer’s Tavern, Kinnamons, and Big ...

High free cashflow and predictable revenue models have continued to make the restaurant sector attractive for private equity.

Subway has hired a former Burger King executive as its new CEO. The Miami-based sandwich chain said Monday that Jonathan Fitzpatrick will join the company on July 28. Fitzpatrick is the first CEO ...

Subway has named Jonathan Fitzpatrick, a former Burger King executive and head of Driven Brands, as its new CEO following its ...

Roark Capital snapped up Subway in a $9.55 billion deal, sources said on Thursday, after it outbid several private-equity groups.

Roark's investment follows a boom for chicken-focused restaurants and a rising tolerance for spice among younger consumers. Private equity firm Roark Capital has bought a majority stake in Dave's ...

Roark Capital is in the early stages of weighing an initial public offering of Inspire Brands, the owner of fast-food chains Dunkin’, Arby’s and Jimmy John’s, people with knowledge of the ...

The Subway logo is seen on takeout boxes at a restaurant in Londonderry, N.H. The sandwich chain says it will be sold to the private equity firm Roark Capital. Terms of the deal weren't disclosed.