{"schemaVersion":"1.0","matched":true,"query":{"name":"Subway","city":null},"permalink":"https://whoowns.cashpaymed.org/record/brand-subway","record":{"id":"brand-subway","name":"Subway","descriptor":"Restaurant brand · United States","checked":"August 19, 2026","peStatus":"confirmed","statusLabel":"Private-equity controlled","statusDetail":"The current ownership chain reaches Roark Capital, and the cited transaction establishes control.","alternatives":[],"chain":[{"role":"Business or brand","entity":"Subway","detail":"Restaurant brand · United States"},{"role":"Controlling PE owner","entity":"Roark Capital","detail":"Roark completed its acquisition of Subway on April 30, 2024."}],"facts":[{"dimension":"Private-equity relationship","label":"PE-controlled","statement":"The current ownership chain reaches Roark Capital, and the cited transaction establishes control.","evidenceDate":"August 19, 2026","sources":[{"label":"Subway sale to Roark completed","url":"https://newsroom.subway.com/2024-04-30-Subway-R-Sale-to-Roark-is-Complete"}]},{"dimension":"Operating relationship","label":"Mostly franchised restaurant system","statement":"Brand-level record; a specific franchise or licensed location may have a separate local operator.","evidenceDate":"August 19, 2026","sources":[{"label":"Subway sale to Roark completed","url":"https://newsroom.subway.com/2024-04-30-Subway-R-Sale-to-Roark-is-Complete"}]},{"dimension":"Ownership form and scale","label":"Brand or company with a current private-equity portfolio relationship","statement":"Reported scale: National or regional. Ownership form and geographic scale are shown separately.","evidenceDate":"August 19, 2026","sources":[{"label":"Subway sale to Roark completed","url":"https://newsroom.subway.com/2024-04-30-Subway-R-Sale-to-Roark-is-Complete"}]}],"gap":"Brand-level record; a specific franchise or licensed location may have a separate local operator."},"coverageWarning":null,"license":{"name":"Creative Commons Attribution 4.0 International","url":"https://creativecommons.org/licenses/by/4.0/","attribution":"WHO OWNS THIS? (https://whoowns.cashpaymed.org)"}}