Jersey Mike's Files for IPO, Aiming for Public Market Entry
Jersey Mike's, the second-largest submarine sandwich chain in the U.S. with over 3,000 locations, has confidentially filed for an IPO. The company, acquired by Blackstone for $8 billion last year, is preparing for a public listing with the help of former Wingstop CEO Charlie Morrison. The IPO filing is a significant step toward entering the restaurant stock market.
Topics: Blackstone CEO appointment IPO Jersey Mike's restaurant industry