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Roark Capital
since
auto-detected in 36 stories
8 months ago
Dave's Hot Chicken first launched in a Los Angeles parking lot. On Monday, Roark Capital bought a majority stake in a deal worth "pretty close" to $1 billion.
Private equity firm Roark Capital invests in fast-growing restaurant chain Dave's Hot Chicken ○
Roark's investment follows a boom for chicken-focused restaurants and a rising tolerance for spice among younger consumers.
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