Dave's Hot Chicken operates more than 250 locations worldwide, with $1bn in annual sales. Its competitors include Yum! Brands' KFC chain, Restaurant Brands' Popeye's and Chick-fil

Private-equity firm Roark Capital is in advanced talks to acquire Dave’s Hot Chicken for roughly $1 billion, according to people familiar with the matter. A deal could be announced soon, granted the talks don’t hit any snags,

The Atlanta private equity firm that purchased Miami-based Subway last year is reportedly nearing its next big restaurant industry acquisition.