Drake buys stake in Dave’s Hot Chicken restaurant chain

Drake has bought a stake in the rapidly growing restaurant chain “Dave’s Hot Chicken.” Dave’s Hot Chicken shares the same leadership as Blaze Pizza, in which LeBron James is an investor. Drake will be one of the chain’s largest investors alongside existing investors Tom Werner, chairman of the Boston Red Sox Chairman, and Samuel L. Jackson.

Dave’s Hot Chicken launched in 2017 and now has 22 locations, mostly in California. The franchise is planning 25 more by the end of the year, with expansion to cities including Chicago and Houston. Drake said in a statement: “I tried the food and it was amazing. After meeting the founders and hearing their story, I jumped at the opportunity to invest.” Drake will own less than 50% of the company and the exact number has not been revealed yet.

Editorial credit: Kathy Hutchins / Shutterstock.com