Owner of Dunkin’ Donuts and Baskin-Robbins purchased Subway for $9.6 billion
Roark Capital fund reached an agreement to acquire the fast food restaurant chain
US private equity firm Roark Capital has entered into an agreement to acquire the Subway fast-food restaurant chain, although the specific transaction amount remains undisclosed.
However, industry insiders suggest the deal may be valued at approximately $9.6 billion. Notably, additional investment firms such as TDR Capital and Sycamore Partners have also expressed interest in acquiring Subway.
Subway characterises this acquisition as a “significant milestone” in the company’s ongoing transformation efforts, highlighting the enduring growth potential and global brand value associated with the Subway brand.
Roark Capital, boasting assets under management exceeding $37 billion, is an active participant in the restaurant industry investment landscape, with ownership stakes in renowned brands like Dunkin’ Donuts, Baskin-Robbins, Sonic, Arby’s, Buffalo Wild Wings, Jimmy John’s, and others.
Previously, reports had indicated Subway’s intention to sell its business for a sum of $10 billion.
