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Blackstone acquires Jersey Mike's for $8 billion
PUBLIC · BXAug 23, 2026•about 3 hours ago
Acquiring Company
Blackstone
Acquired Company
Jersey Mike's
BermudaManasquanFood and BeverageRetail
Description
Blackstone has acquired the popular U.S. sandwich chain Jersey Mike's for $8 billion, marking a significant event in the food service industry. The acquisition took place in November 2024, and Jersey Mike's was listed on the New York Stock Exchange shortly after. Following the acquisition, restructuring efforts have begun, including changes in management and staffing, amidst some public skepticism. Jersey Mike's continues to report growth in store numbers and customer satisfaction.
Company Information
Company
Blackstone
Location
Bermuda
About
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. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $649 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.
SOURCE Simplilearn Solutions Private Limited
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Frequently asked
Who acquired Jersey Mike's?
Jersey Mike's was acquired by Blackstone, based in Bermuda. The deal was reported on August 23, 2026. 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).
When did Blackstone acquire Jersey Mike's?
Blackstone's acquisition of Jersey Mike's was reported on August 23, 2026. Blackstone has acquired the popular U.S. sandwich chain Jersey Mike's for $8 billion, marking a significant event in the food service industry. 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 Manasquan.
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Bermuda
ManasquanFood and BeverageRetail