Blackstone strikes $8-billion deal for sandwich chain Jersey Mike's ...

3 days ago · 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.

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Blackstone Strikes $8-billion Deal For Sandwich Chain Jersey Mike's ...

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3 days ago · 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.

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Jersey Mike’s Subs Is Worth $8 Billion After A Huge Investment From ...

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3 days ago · Jersey Mike’s is the second-largest sandwich chain behind Subway in sales. Data from QSR Magazine reveals Jersey Mike’s locations pull in about $1.35 million per unit, with …

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Jersey Mike's Subs Acquired By Blackstone In $8B Deal - New York …

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3 days ago · Blackstone has agreed to buy Jersey Mike's Subs, the sandwich chain said Tuesday, in a deal that a source said valued the company at around $8 billion, including debt.

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Jersey Mike's Sandwich Chain Is Acquired By Private Equity Firm ...

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3 days ago · Jersey Mike's posted sales of $3.3 billion in 2023, up 25% from the prior year, according to Technomic. It's the 30th largest chain in the U.S. based on annual sales.

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Jersey Mike’s Wins Backing From Private-equity Giant Blackstone

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3 days ago · Watch for more Jersey Mike’s sub shops as it wins backing from private-equity giant Blackstone New Jersey-based sandwich giant, valued at $8 billion, aims to grow beyond 3,000 …

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FAQs about Blackstone strikes $8-billion deal for sandwich chain Jersey Mike's ... Coupon?

Will Jersey Mike's expand?

Jersey Mike’s is taking aim at more national expansion with backing from Blackstone. Photo: Jersey Mike’s Jersey Mike’s Subs already had a national presence with 3,000 locations, but the maker of fresh subs looks for a rapid expansion with backing from the largest U.S. private equity firm, Blackstone Inc. ...

Does Jersey Mike's have a sandwich discount?

And the sandwich sub shop Jersey Mike’s happens to be the focus of one of the latest viral discounts. Jersey Mike’s subs also launched a similar promotion that culminated in frenzied stores teaming with customers and delivery drivers, as employees scrambled to fulfill all of the sandwich requests that rolled in. ...

Why did Blackstone buy Jersey Mike's?

NEW YORK -- Jersey Mike's, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone. The transaction is "intended to help enable Jersey Mike’s to accelerate its expansion across and beyond the U.S. market," the companies said Tuesday, as well as aid ongoing technological investments. ...

Can you get free food at Jersey Mike's on DoorDash?

Customers who used the promo code “JERSEY” when placing an order for Jersey Mike’s via DoorDash were able to get $25 off of their order on the app, if they spent $12 or more. Which effectively met that people could get up to $25 for free food from the popular sandwich chain. ...

What's going on with Jersey Mike's?

But there's still business to be done. In March, Jersey Mike's raised $21 million for local charities, which included one full day of sales on the company's annual Day of Giving. His owners are looking to open more shops — though in some cases they've maxed out the number of Mike's that their region can reasonably contain. ...

Who owns Jersey Mike's subs?

Peter Cancro became the owner of a mom-and-pop deli, while still living with his mom. This is the origin story of Jersey Mike's Subs, told and retold in media and marketing. Often, the story quickly flashes forward to the present day — where Cancro's little store is now a franchising behemoth. How big? ...