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Private equity firm Roark Capital invests in fast-growing restaurant chain Dave's Hot Chicken

By CNBC   |   1 month ago
Private equity firm Roark Capital invests in fast-growing restaurant chain Dave's Hot Chicken

Roark Capital acquires majority stake in Dave's Hot Chicken, valuing the deal close to $1 billion. The fast-growing chain has expanded to over 300 locations in the US, challenging legacy chicken chains. Dave's success is attributed to its diverse menu and high-quality chicken tenders.

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