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Subway agrees to $9.6B sale to Dunkin’ owner Roark Capital: report
NY Post ^ | 08/24/2023 | Ariel Zilber and Josh Kosman

Posted on 08/24/2023 10:44:22 AM PDT by DFG

Subway on Thursday ended its drawn-out auction to sell the family-owned sandwich chain by agreeing to a $9.6 billion deal with the private equity firm that owns Dunkin’ Brands.

The sale to Roark Capital, which also backs several other fast-food chains through its restaurant conglomerate Inspire Brands, brings to close an era during which Subway was owned by its two founding families for more than 50 years.

“The transaction is a major milestone in Subway’s multi-year transformation journey, combining Subway’s global presence and brand strength with Roark’s deep expertise in restaurant and franchise business models,” Subway said in a statement.

The Atlanta-based private equity firm, which has $37 billion in assets under management, is also an investor in Auntie Anne’s, Baskin Robbins, Buffalo Wild Wings, Sonic Drive-In, and Arby’s.

In 2020, Inspire Brands paid $8.8 billion for Dunkin’ Brands Group.

Roark was the highest bidder in the roughly nine-month long auction for Subway, which has about 37,000 restaurants in more than 100 countries.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy
KEYWORDS: dunkin; inspire; roark; subway

1 posted on 08/24/2023 10:44:22 AM PDT by DFG
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To: DFG
Posted here: Subway Nears $13b Sale: WSJ
2 posted on 08/24/2023 10:49:10 AM PDT by nickcarraway
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To: DFG

So can I dunk my meatball sub in my coffee now? Or will that still be frowned upon?


3 posted on 08/24/2023 10:50:08 AM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: nickcarraway

I went into a Subway recently for the first time in a few years. I was stunned that they now charge $8 and $9 for a six-inch sandwich. Not even a meal. Just the sandwich.

I did not eat there.


4 posted on 08/24/2023 10:51:29 AM PDT by GrootheWanderer
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To: GrootheWanderer
We only used them when we are on a road vacation with the kids, everyone gets what they want, fast, and basically okay food.
5 posted on 08/24/2023 10:53:25 AM PDT by Jolla
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To: GrootheWanderer
I did not eat there.

Better off paying $9 for cold cuts and bread and making 5 sandwiches

6 posted on 08/24/2023 10:54:02 AM PDT by 1Old Pro
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To: Larry Lucido

You can get your meatballs, tomato sauce and cheese on a 6 or 12 inch glazed donut. 😋


7 posted on 08/24/2023 10:54:36 AM PDT by Allegra (Stop the Zeepers from Censoring FReepers)
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To: DFG

and on Tuesdays we are offering our very own Jarred sandwich packed with fake tuna and our special sauce.


8 posted on 08/24/2023 10:56:10 AM PDT by patriot torch
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To: Allegra

:-)


9 posted on 08/24/2023 11:15:59 AM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: DFG

Dunking Donuts. Their coffee sucks and their donuts aren’t that good anymore. Every town in eastern Massachusetts has at least one, if not three or four.


10 posted on 08/24/2023 11:55:55 AM PDT by CletusVanDamme (The breaking point will be reached soon. )
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To: GrootheWanderer

Bidenomics at work.

A food truck burrito is $15. A burger is $20 minimum. Adult sodas are $12 a six pack.


11 posted on 08/24/2023 11:59:35 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: CletusVanDamme
.......their donuts aren’t that good anymore.

Dunkin' Donuts went "meh". at least 15 years ago, probably longer.

The last time I stopped at a store, in 2012, for Baskin Robbins ice cream and a donut, only the maple bars were still good, the rest of the selection I bought was "meh". At least the ice cream was still as good.

12 posted on 08/24/2023 12:07:57 PM PDT by jimtorr
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To: DFG

Subway is the chain that had the pedophile Jared and recently the pink-blue-haired lesbian skank RapinHoe!

Die suckers, die!


13 posted on 08/24/2023 12:45:01 PM PDT by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: Flavious_Maximus
Juicy Smolay's favorite place...


14 posted on 08/24/2023 12:46:42 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: DFG

That purpled haired girl said they put turds in their subs


15 posted on 08/24/2023 1:04:32 PM PDT by NWFree (Sigma male 🤪)
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To: DFG

What was Subway’s market cap at their peak?


16 posted on 08/24/2023 2:29:01 PM PDT by montag813
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To: DFG

I don’t support any of these places, all are junk. There goal is to make money over lifetimes, get people addicted then slowly killing people over years, with what they serve.


17 posted on 08/24/2023 4:30:48 PM PDT by b4me
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