Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued ...
Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the ...
The deal, which is expected to close in early 2025, underscores private equity firms’ increasing interest in franchise ...
In the transaction announced Tuesday, private equity funds managed by Blackstone will be used to acquire majority ownership ...
Blackstone has agreed to acquire Jersey Mike’s Subs in a deal that values the sandwich chain around $8 billion, including ...
In 1975, Peter Cancro, then a 17-year-old high school senior, bought the operation with help from his football coach.
NEW YORK — Jersey Mike's, the quickly expanding sandwich chain, is being acquired by asset management giant Blackstone.
The private equity firm, which has been buying food and beverage operators, has an agreement that will bring the compnay plenty of cheddar after the sandwich chain opens its 4,000th store.
Blackstone announced Tuesday it will acquire sandwich chain Jersey Mike's Subs. The asset management firm said the majority ownership stake will be purchased by its "most recent flagship private ...
CEO Peter Cancro, who purchased the sub shop in 1975, will maintain a significant equity stake and will continue to lead the business ...