Blackstone to Acquire Majority Stake in Jersey Mike's Subs
November 19, 2024
Jersey Mike's Subs has reached an agreement under which private equity funds managed by Blackstone will acquire a majority ownership position in the franchisor. The partnership is expected to accelerate Jersey Mike's expansion across and beyond the United States and support continued investment in technology and digital transformation.
- Buyers
- Blackstone
- Targets
- Jersey Mike's Subs
- Industry
- Food & Beverage
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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