Who bought out subway?

Roark Capital is buying Subway, ending the sandwich chain's more than five decades of family ownership and marking a new era for the struggling company. The announcement Thursday ends the chain's lengthy sale process, which publicly kicked off in February.



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Fred DeLuca ran Subway as a family business, with his mother running the first shop, his sister working as a sandwich artist and even his wife Elisabeth worked in the corporate office.

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In 1966 DeLuca and Buck incorporated a company called Doctor's Associates. DeLuca later identified the doctor as Buck and the associate as himself. A second store was opened in 1966, and two years later the restaurant name was changed to Subway.

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