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Restaurant Brands International acquires Dave's Hot Chicken

PUBLIC · QSRJun 07, 2025

Acquiring Company

Restaurant Brands International

Acquired Company

Dave's Hot Chicken

MiamiPasadenaFood and BeverageHospitalityFood And BeverageHospitality

Description

Restaurant Brands International has acquired Dave’s Hot Chicken for $1 billion. The acquisition aims to foster growth and innovation while keeping the existing leadership and menu unchanged. Dave’s Hot Chicken has rapidly expanded from a pop-up in 2017 to nearly 300 locations today.

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Company Information

Company

Restaurant Brands International

Location

5707 Blue Lagoon Drive

Miami, Florida, United States

About

Restaurant Brands International Inc. (RBI) is a multinational fast food holding company. The Company's portfolio includes the Burger King, Popeyes, and Tim Hortons brands. RBI is focused on long-term growth and aims to reach a minimum of 40,000 restaurants, $60B in system-wide sales, and $3.2B in Adjusted Operating Income by 2028.

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Frequently asked

Who acquired Dave's Hot Chicken?

Dave's Hot Chicken was acquired by Restaurant Brands International, based in Miami. The deal was reported on June 7, 2025. Restaurant Brands International Inc. (RBI) is a multinational fast food holding company. The Company's portfolio includes the Burger King, Popeyes, and Tim Hortons brands. Restaurant Brands International is publicly traded (QSR) and operates in Food and Beverage.

When did Restaurant Brands International acquire Dave's Hot Chicken?

Restaurant Brands International's acquisition of Dave's Hot Chicken was reported on June 7, 2025. Restaurant Brands International has acquired Dave’s Hot Chicken for $1 billion. The acquisition aims to foster growth and innovation while keeping the existing leadership and menu unchanged. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Dave's Hot Chicken do?

Dave’s Hot Chicken is one of the fastest growing restaurant brands in the United States, known for its jumbo Hot Chicken Sliders and its broad consumer appeal with the core customer base being Gen Z and Millennial males. It is privately held, operating in Food And Beverage, and is based in Pasadena.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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