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The Unlikely Group Getting Rich Off Dave’s Hot Chicken’s $1 Billion Deal
Four high school dropouts including a former standup comedian and line cook, rapper Drake and the son of an oil billionaire are all winners in Dave's sale to Roark Capital.
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usatoday.com
Dave's Hot Chicken acquired by private equity firm that owns Subway
Roark Capital, a private equity firm that also owns Subway, has acquired a majority stake in Dave's Hot Chicken for about $1 billion.
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cnbc.com
3 friends launched chicken finger stand in LA parking lot with $900—it just sold in deal worth ‘close’ to $1 billion
Dave's Hot Chicken first launched in a Los Angeles parking lot. On Monday, Roark Capital bought a majority stake in a deal worth "pretty close" to $1 billion.
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forbes.com
The Unlikely Group Getting Rich Off Dave’s Hot Chicken’s $1 Billion Deal
Four high school dropouts including a former standup comedian and line cook, rapper Drake and the son of an oil billionaire are all winners in Dave's sale to Roark Capital.
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69-year-old CEO says he turned 19 employees into millionaires after selling the company in a $1 billion deal
Bill Phelps made 19 of his employees millionaires after selling a majority stake in Dave's Hot Chicken.