Jersey Mike's Files Confidential IPO Documents
Jersey Mike's has filed confidential documents for an initial public offering (IPO), potentially marking one of the largest in the restaurant industry. The company, which was acquired by Blackstone for $8 billion in 2024, reported $4.2 billion in U.S. system sales last year and has expanded to 3,300 locations. The IPO valuation could reach $12 billion.
Tickers: $BX
Topics: Blackstone Initial Public Offering IPO Jersey Mike's Restaurant Industry