Jersey Mike's Subs sold to Blackstone company in $8 billion deal
Blackstone has agreed to acquire Jersey Mike’s Subs in a deal that values the sandwich chain around $8 billion, including debt, according to Reuters.
Blackstone buys Jersey Mike's sandwich chain
Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the company at a reported $8 billion.
Subway rival Jersey Mike’s Subs acquired by Blackstone in $8B deal
The deal, which is expected to close in early 2025, underscores private equity firms’ increasing interest in franchise operators.
Blackstone enters $8B deal for fast-casual giant Jersey Mike's Subs
The private equity behemoth's acquisition deal for America's second-largest sandwich chain marks its latest expansion into the franchise business.
Jersey Mike's Sandwich Chain Is Acquired by Private Equity Firm Blackstone for $8 Billion
Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion
Private equity giant Blackstone takes majority ownership of Jersey Mike’s Subs sandwich chain
While many restaurant chains have reduced their physical footprints this year, the CEO of Jersey Mike’s says he expects expansion to continue into 2027. It’s been a hard few years for restaurants and fast-food chains.
Blackstone to acquire majority stake in sandwich chain Jersey Mike's Subs
Blackstone will acquire a majority stake in Jersey Mike's Subs, the sandwich chain said on Tuesday, marking the private equity firm's latest investment in a franchise business. Reuters had reported on Monday,
Jersey Mike’s CEO is now worth almost as much as Mark Cuban after agreeing to sell his sandwich chain to Blackstone in a deal worth $8 billion
Jersey Mike’s CEO Peter Cancro has entered the club supreme—the billionaire’s club, that is. The sub sandwich chain and buyout firm Blackstone are nearing a deal valuing Jersey Mike’s at about $8 billion,
Meet the Jersey Mike's founder now worth $7.5 billion after selling his sandwich chain to Blackstone
Jersey Mike's founder and CEO Peter Cancro has gone from a teenager slinging subs to one of the world's 400 richest people after selling to Blackstone.
Blackstone strikes $8-billion deal for sandwich chain Jersey Mike's Subs
Blackstone 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. Reuters had reported on Monday,
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