Home Business Atlanta-based Roark Capital acquires Subway

Atlanta-based Roark Capital acquires Subway

by The 100 Companies

Deemed one of the most significant fast food acquisitions in history, Roark Capital – an Atlanta-based private equity firm – has acquired Subway. According to the Wall Street Journal, Subway listed itself for $10 billion, and Roark Capital offered $9.6 billion. The acquisition came shortly after Subway announced its 10th consecutive quarter of positive same-store sales.

With the global presence and brand recognition of Subway and Roark Capital’s specialization in franchise and franchise-like businesses, the new venture will focus on sales growth, menu innovation, modernization of restaurants, overall guest experience improvements and increased international expansion.

Visit online to learn more acquisition details.

Madison Mullinax, 360 Media, Inc.

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