Drake-Backed Dave’s Hot Chicken Said to Explore Europe Sale (1)

Dave’s Hot Chicken, the fried-chicken chain backed by Canadian hip-hop star Drake, is exploring a sale of its European franchise, according to people familiar with the matter.

Azzurri Group, the private equity-owned British hospitality group behind Zizzi and Coco di Mama restaurants, is preparing a sale of the UK and European franchises of Dave’s Hot Chicken for later this year, said the people, asking not to be identified because discussions are private.

Drake — whose hit songs include “One Dance” and “God’s Plan” — took a minority stake in Dave’s Hot Chicken in 2021, joining the trend ...