Blackstone to acquire majority stake in Jersey Mike’s Subs to fuel expansion
Jersey Mike’s Subs, a fast-casual submarine sandwich chain celebrated for its freshly sliced and grilled offerings, has entered into a landmark agreement with private equity funds managed by Blackstone. Under this agreement, Blackstone, through its flagship private equity vehicle, will acquire a majority stake in the franchise. Peter Cancro, founder and CEO of Jersey Mike’s, […]