SOUTHINGTON— Patrons will soon be able to get their Dave’s Hot Chicken fix at a new Southington location on Executive ...

Subway has hired a former Burger King executive as its new CEO. The Miami-based sandwich chain said Monday that Jonathan ...

A trio of friends — all high school dropouts — scraped together $900 in 2017 because they believed that their Nashville-style fried chicken stand was the future.

A popular new chicken chain says it has been acquired by a private equity firm that also owns Subway.

Dave’s Hot Chicken said Monday it has been acquired by private equity firm Roark Capital. The acquisition deal was said to be valued at $1 billion. Dave’s Hot Chicken, which specializes in ...

Roark Capital, a private equity firm that also owns Subway, has acquired a majority stake in Dave's Hot Chicken for about $1 billion.

Dave’s Hot Chicken got its start in 2017 as a popup in a Los Angeles parking lot. It has grown exponentially since then and expects to end this year with 400 restaurants worldwide.

Investors in Dave’s Hot Chicken have included the rapper Drake, who gives away hot chicken sliders every year on Oct. 24, his birthday. Atlanta-based Roark specializes in franchised businesses.

But Roark Capital, which owns Subway, is going to have $1 billion less of those bucks in the short-term because it has reportedly closed a deal to buy Dave’s Hot Chicken.