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Jersey Mike's IPO Plans After Blackstone Sale

Rumoured
ConsumerOther

Deal Overview

Jersey Mike’s is reportedly preparing for an IPO after being acquired by Blackstone in 2024. The report says the sandwich chain has hired IPO advisors including Morgan Stanley and JPMorgan Chase, with timing discussed as potentially as soon as Q3 2026.

The earlier Blackstone deal valued Jersey Mike’s at $8 billion. The chain operates more than 3,000 units, with most locations owned by franchisees, and has posted 20 consecutive years of same-store sales growth. Jersey Mike’s CEO Charlie Morrison previously led the IPO of Wingstop, according to the report.

Key Details

Transaction
Blackstone acquires Jersey Mike's
Deal Size
Over $100M

Filed under

Source

Read full article on news.google.com

via GN - restaurant franchise acquired · January 28, 2026

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