Private equity firm Blackstone will purchase a majority stake in Jersey Mike's Subs, the sub sandwich chain born and raised ...
This move solidifies Blackstone's ongoing interest in high-growth, fast-casual franchises and marks a pivotal moment for the ...
Jersey Mike’s Subs is selling a significant stake to private equity giant Blackstone, ending its nearly seven-decade run as ...
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 ...
NEW YORK — Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone.
Jersey Mike’s founder and CEO Peter Cancro will continue to lead the business and maintains a “significant equity stake” in ...
Blackstone has bought control of Jersey Mike’s Subs, in the latest move by the private equity giant to buy franchisors.
The New Jersey-based sub giant, reportedly valued at $8 billion, aims to grow beyond 3,000 locations in the U.S.
Private equity firm Blackstone will take control of Jersey Mike’s though CEO Peter Cancro will retain a significant stake in ...
The deal, which is expected to close in early 2025, underscores private equity firms’ increasing interest in franchise ...