Blackstone acquires majority ownership stake in Jersey Mike’s Subs to drive expansion and technology investment
Acquiring Company
Blackstone
Acquired Company
Jersey Mike's
New YorkTinton FallsFinancial ServicesReal EstateFinanceReal Estate InvestmentFood and BeverageRetailDescription
Jersey Mike’s Subs, a leading franchisor of fast-casual submarine sandwich stores, has reached an agreement with private equity funds managed by Blackstone for the acquisition of a majority ownership position. This partnership is intended to accelerate Jersey Mike’s expansion across and beyond the U.S. market, along with continued investment in technology and digital transformation.
Quick answer
Blackstone is acquiring Jersey Mike's, announced November 19, 2024. Blackstone is based in New York, New York, United States.
- How much did Blackstone pay for Jersey Mike's?
- The deal value was not disclosed.
- What does Blackstone do?
- Blackstone is one of the world's leading investment firms.
- Where are Blackstone and Jersey Mike's based?
- Blackstone is based in New York, New York, United States. Jersey Mike's is based in Tinton Falls, New Jersey, United States.
- Who are the decision-makers at Blackstone?
- Fundz holds 4 contacts at Blackstone. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Jersey Mike's?
Jersey Mike's was acquired by Blackstone, based in New York. The deal was reported on November 19, 2024. Blackstone is one of the world's leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Blackstone is publicly traded (BX) and operates in Financial Services.
When did Blackstone acquire Jersey Mike's?
Blackstone's acquisition of Jersey Mike's was reported on November 19, 2024. Jersey Mike’s Subs, a leading franchisor of fast-casual submarine sandwich stores, has reached an agreement with private equity funds managed by Blackstone for the acquisition of a majority ownership position. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Jersey Mike's do?
Jersey Mike’s Subs is a leading franchisor of fast-casual submarine sandwich stores known for its fresh sliced and fresh grilled subs. It is publicly traded (JMKE), operating in Food and Beverage, and is based in Tinton Falls.
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