Jersey Mike's Subs Files Confidentially for IPO with Potential $12 Billion Valuation
Jersey Mike's Subs has filed confidentially with the SEC for an IPO, aiming for a valuation over $12 billion and raising more than $1 billion. The company, which has over 3,000 locations and $309.8 million in revenue last year, is advised by Morgan Stanley, JPMorgan Chase, and Jefferies. The IPO would mark the first restaurant chain public offering since September 2025.
Topics: Blackstone Acquisition IPO Jersey Mike's Subs Restaurant Industry SEC Filing