Once a name that stood alongside brands like KFC or Burger King, this once-popular sandwich restaurant has fallen out of favor among American customers.

Roark Capital's $1 billion investment in Subway represents a pivotal moment for the brand. It's a bold declaration of intent, a high-stakes wager on the future of a beloved American institution.

Subway has hired a former Burger King executive as its new CEO. The Miami-based sandwich chain said Monday that Jonathan Fitzpatrick will join the company on July 28. Fitzpatrick is the first ...

The private equity firm that owns Shelton-based fast food giant Subway is acquiring Dave Hot Chicken in a $1 billion deal. Atlanta-based Roark Capital specializes in running franchised businesses ...

Subway has named Jonathan Fitzpatrick, a former Burger King executive and head of Driven Brands, as its new CEO following its 2024 acquisition by private equity firm Roark Capital.

Subway has named Jonathan Fitzpatrick, a former Burger King executive and head of Driven Brands, as its new CEO following its 2024 acquisition by private equity firm Roark Capital.

Former Burger King executive takes over as Roark Capital charts a growth path for the sandwich giant.

Dave's Hot Chicken said Monday it has been acquired by the private equity firm Roark Capital in a deal valued at $1 billion. Dave's Hot Chicken got its start in 2017 as a popup in a Los Angeles ...

And Roark didn’t have to look far to find him. Since 2012, Fitzpatrick has been the president and CEO of Driven Brands, an auto services company also owned by Roark. Subway was founded in 1965.

When Roark bought Subway, it said it planned to continue to modernize restaurants and expand internationally. It left in place Subway’s CEO John Chidsey, who was the first nonfamily member to ...

Subway was founded in 1965 and was still owned by its founding families when it was purchased by Roark. It’s one of the world’s largest restaurant chains, with nearly 37,000 outlets in more ...