In this episode, we take a deep dive into Roark Capital's recent acquisition of Subway, one of the largest restaurant acquisitions in history. Roark Capital, known for owning restaurant giants like Inspire Brands and Focus Brands, faced stiff competition from some of the world's biggest investment companies in an eight-month auction process before emerging as the winner. Despite Subway's difficult history and declining sales, Roark Capital has bet big on the sandwich giant's potential for resurgence, especially in international markets. Subway's CEO, John Chidsey, has already inked several notable development deals in the past two years, generating 10 quarters of positive same-store sales growth in the U.S.

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