News
Portfolio Optimization and Leverage: Analyzing Roark Capital’s Execution at Subway
As we evaluate the mid-2026 landscape of quick-service restaurant (QSR) private equity holdings, Roark Capital’s management of the $9.6 billion Subway acquisition provides a quintessential case study in high-leverage portfolio optimization. Two years following the transaction’s close, the financial architecture sustaining the enterprise relies heavily on the aggressive management of Whole-Business Securitization (WBS). This structure […]
