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Securitizing the Sandwich: Analyzing Roark Capital’s Subway Optimization in 2026
As we progress through the third quarter of 2026, the global franchise sector is closely monitoring the maturation of Roark Capital’s historic $9.6 billion acquisition of Subway. The transaction has definitively transitioned from the initial acquisition phase into a period of rigorous operational optimization. The underlying financial architecture of this buyout—heavily reliant on whole-business securitization […]