Who bought Subway 2023?

Press Releases. Transaction combines Subway's global presence and brand strength with Roark's deep expertise in restaurant and franchise businesses. MIAMI, Aug. 24, 2023 /PRNewswire/ -- Subway today announced that it has entered into a definitive agreement to be acquired by affiliates of Roark Capital.



People Also Ask

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.

MORE DETAILS