Financing
Roark Capital solidifies its status as the go-to fast-food buyer
The Bottom Line: The 22-year-old private equity firm has been involved in many of the industry’s biggest deals, especially in recent years. And Subway isn’t even the biggest.
Leadership
Claudia San Pedro is stepping down as Sonic president
The 2022 Restaurant Business Restaurant Leader of the Year is leaving the company to focus on family medical matters. Arby's Brand President Jim Taylor is taking her place, while Rita Patel will head Arby's.