# Wall Street Watch

> Source: https://qsr.pro/collections/wall-street-watch
> Publisher: QSR Pro


Follow the money. M&A activity, IPOs, private equity moves, and stock performance in the QSR industry.

Follow the money. M&A activity, IPOs, private equity moves, and stock performance in the QSR industry.

- [Private Equity in QSR: The Roark Capital Playbook](https://qsr.pro/articles/private-equity-in-qsr-the-roark-capital-playbook) — Roark Capital controls Subway, Dunkin', Arby's, Jimmy John's, and Buffalo Wild Wings. That's 70,000 locations and 0 billion in sales. The QSR industry isn't run by restaurant operators anymore. It's run by private equity.
- [What Changed After Roark Capital's $9.6 Billion Subway Acquisition](https://qsr.pro/articles/subway-roark-capital-acquisition-analysis) — Roark Capital paid $9.6 billion for Subway in the largest franchise deal ever. 18 months later: 600+ more closures, franchisee pushback, and a brand still searching for a turnaround.
- [QSR Mergers and Acquisitions 2026: Who's Buying Whom](https://qsr.pro/articles/qsr-mergers-and-acquisitions-2026-who-s-buying-whom) — Inspire Brands, JAB Holdings, and Restaurant Brands International control 100,000+ locations. Private equity owns more QSR brands than ever. The consolidation wave shows no signs of slowing.
- [The QSR IPO Pipeline: Who's Going Public Next](https://qsr.pro/articles/qsr-ipo-pipeline-whats-next) — Cava's IPO tripled in value. Wingstop returned 20x. Portillo's struggled. Several major chains are eyeing public offerings: Panera (complicated by debt), Raising Cane's (no rush), and others. Here's the pipeline and what makes a successful QSR IPO.
- [QSR Stock Performance 2026: Who's Winning on Wall Street](https://qsr.pro/articles/qsr-stock-performance-2026-who-s-winning-on-wall-street) — McDonald's, Chipotle, Yum, Wingstop, CAVA, and Shake Shack are all public QSR stocks. But they're playing entirely different games - and Wall Street is making very different bets on who wins.