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

cnbc.com/2025/06/02/roark-capital-daves-hot-chicken.html

Private equity firm Roark Capital has bought a majority stake in Dave's Hot Chicken, the company announced on Monday.
Financial terms were not disclosed, but Dave's CEO Bill Phelps said on CNBC's "Squawk Box" that the reported $1 billion valuation for the deal is "pretty close."
Since…

This story appeared on cnbc.com, 2025-06-02 20:03:57.864000.
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