Announced
Financials
Sources
Tags
United States
Acquisition
Private
Private Equity
Friendly
Single Bidder
fast food
Restaurants and Bars
Domestic
Majority
Pending
Synopsis
Roark Capital, a private equity firm, agreed to acquire Subway, a quick service restaurant brand. Financial terms were not disclosed. "This transaction reflects Subway's long-term growth potential, and the substantial value of our brand and our franchisees around the world. Subway has a bright future with Roark, and we are committed to continuing to focus on a win-win-win approach for our franchisees, our guests and our employees," John Chidsey, Subway CEO.
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