Blackstone has taken a massive bite out of the sandwich industry by purchasing Jersey Mike's, one of the largest sandwich ...
Private equity firm Blackstone will purchase a majority stake in Jersey Mike's Subs, the sub sandwich chain born and raised ...
NEW YORK — Jersey Mike's, the quickly expanding sandwich chain, is being acquired by asset management giant Blackstone.
This move solidifies Blackstone's ongoing interest in high-growth, fast-casual franchises and marks a pivotal moment for the ...
Blackstone has agreed to buy Jersey Mike's Subs, the sandwich chain said on Tuesday, in a deal that a source said valued the ...
Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued ...
In 1975, Peter Cancro, then a 17-year-old high school senior, bought the operation with help from his football coach.
The transaction is “intended to help enable Jersey Mike’s to accelerate its expansion across and beyond the U.S. market,” the ...
Jersey Mike’s founder and CEO Peter Cancro will continue to lead the business and maintains a “significant equity stake” in ...
NEW YORK — Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone.
Blackstone has bought control of Jersey Mike’s Subs, in the latest move by the private equity giant to buy franchisors.
The deal, which is expected to close in early 2025, underscores private equity firms’ increasing interest in franchise ...