Jersey Mike's Files Confidentially for IPO Following Blackstone Investment
Jersey Mike's, the second-largest hoagie sandwich chain in the U.S. with over 3,000 locations, has confidentially filed for an IPO. The company was acquired by Blackstone in 2024 for approximately $8 billion, and it reported $309.8 billion in revenue for 2025, though net income declined to $183.6 million from $238.8 million the previous year.
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Topics: Blackstone franchising IPO Jersey Mike's restaurant industry