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,

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

One of the biggest names to come out of the Nashville-style hot chicken trend of the past decade actually started in a California parking lot. Now, the 8-year-old fast food chain is parlaying its early business acumen into a brand deal that could be worth a staggering $1 billion.

Roark is in advanced talks to buy Dave's Hot Chicken, according to a Wall Street Journal report citing anonymous sources. The deal could be announced soon and would be worth roughly $1 billion, per the report. A representative for Roark did not respond to an Atlanta Business Chronicle request for comment.

Private-equity firm Roark Capital is in advanced discussion to purchase Dave's Hot Chicken for about $1 billion. A deal could happen soon, as long as no issues arise, according to a  WSJ report on Tuesday,

Dave's Hot Chicken is known for its use of bright colors inside and outside its restaurants. Now that branding is causing friction as the chain moves to open its fourth Albany region location.