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Under New management: popular sandwich chain, Subway, sold this week

today08/29/2023 31

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Change is often a defining characteristic of the business landscape, and one of the latest developments that has captured attention is the acquisition of Subway, the renowned global fast-food franchise, by Roark Capital. With an ever-expanding portfolio of brands under its wing, Roark Capital’s acquisition of Subway marks a new chapter for the iconic sandwich chain.

Roark Capital, a private equity firm with a history of investments in the restaurant and retail sectors, has made a strategic move by acquiring Subway. With a diverse portfolio that includes brands like Arby’s, Cinnabon, and Wingstop, Roark Capital has shown a knack for nurturing and growing established brands. The acquisition of Subway aligns with Roark’s history of investing in recognizable names, giving them the resources and expertise needed to thrive in an ever-evolving market.

Subway, like many other quick-service restaurant chains, has navigated challenges brought about by changes in consumer habits, emerging competition, and the impact of the COVID-19 pandemic. The acquisition presents an opportunity for Subway to address these challenges head-on, leveraging Roark Capital’s expertise and resources to implement effective strategies that drive growth, resonate with consumers, and ensure long-term success.

 

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Written by: Jason Knight

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