Roark Capital completed the acquisition of Subway.

Roark Capital, a private equity firm, completed the acquisition of Subway, a quick service restaurant brand. Financial terms were not disclosed. “The entire Subway system is excited that our sale to Roark is complete. As we look to our future, our growth journey is far from over. With a continued strategic focus on delivering better food and a better guest experience, our next chapter will be the most exciting yet,” John Chidsey, Subway CEO.