Dave’s Hot Chicken Entering Next Phase of Growth & Innovation with Roark

From a humble beginning in a parking lot back in 2017, Dave’s Hot Chicken has evolved into a popular international brand with plans for continued global expansion. The restaurant leader has partnered with Roark for investment, marking a new phase of growth and innovation.

Dave’s Hot Chicken has seen remarkable unit and sales growth, along with high guest satisfaction ratings over the years. The company is dedicated to providing exceptional experiences for guests, team members, and franchise partners worldwide.

Bill Phelps, the CEO of Dave’s Hot Chicken, expressed excitement for the new chapter ahead, highlighting the synergy between their brand and Roark. The leadership team, including the founders, will stay on board to drive menu innovation, food quality, customer experience, and marketing strategies.

With a strong social media presence and millions of followers, Dave’s Hot Chicken aims to bring its unique offerings to guests both locally and internationally. The focus remains on delivering exceptional service, a mission that has been upheld since the early days in the parking lot.

North Point Mergers & Acquisitions served as the exclusive financial advisor for Dave’s Hot Chicken. The brand’s success story began with three childhood friends pooling $900 to launch the concept, which has now grown into a franchise with locations in the U.S., Middle East, and Canada.

Roark, an Atlanta-based private equity firm with a focus on consumer and business service companies, has $40 billion in equity under management. For more information about Roark, visit RoarkCapital.com.