The deal, which is expected to close in early 2025, underscores private equity firms’ increasing interest in franchise ...
Blackstone has agreed to acquire Jersey Mike's Subs for $8bn, including debt. Blackstone will assist the sandwich chain in ...
Blackstone has agreed to acquire Jersey Mike’s Subs in a deal that values the sandwich chain around $8 billion, including ...
Some restaurant chains have struggled in 2024, but the CEO of Jersey Mike's says he expects expansion to continue into 2027.
Blackstone has bought control of Jersey Mike’s Subs, in the latest move by the private equity giant to buy franchisors.
The chain is known for its made-to-order subs and prioritizes high-quality ingredients and strong community ties.
The Wall Street Journal first reported the news earlier on Monday. Blackstone and Jersey Mike's did not immediately respond ...
Jersey Mike’s Subs is selling a significant stake to private equity giant Blackstone, ending its nearly seven-decade run as ...
Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the ...
Blackstone (BX.N), opens new tab has agreed to buy Jersey Mike's Subs, the sandwich chain said on Tuesday, in a deal that a source said valued the company at around $8 billion including debt.