Jersey Mike’s chain acquired by private equity firm Blackstone for $8 billion
In 1975, Peter Cancro, then a 17-year-old high school senior, bought the operation with help from his football coach.
Why Jersey Mike’s Billionaire Owner Chose To Sell A Majority Of His Sandwich Chain To Blackstone
Forbes spoke to the sandwich chain’s owner Peter Cancro earlier this year about selling out and why he would trust Blackstone ...
Blackstone is buying Jersey Mike's: it also has a stake in these big brands
Blackstone is poised to become the majority owner of Jersey Mike’s through an acquisition. FOX Business takes a look at some ...
Blackstone to acquire Jersey Mike’s Subs for $8bn
Blackstone has agreed to acquire Jersey Mike's Subs for $8bn, including debt. Blackstone will assist the sandwich chain in ...
Meet the Jersey Mike's founder now worth $7.5 billion after selling his sandwich chain to Blackstone
Jersey Mike's founder and CEO Peter Cancro has gone from a teenager slinging subs to one of the world's 400 richest people ...
Blackstone acquires Jersey Mike’s
In the transaction announced Tuesday, private equity funds managed by Blackstone will be used to acquire majority ownership ...
Subway rival Jersey Mike’s Subs acquired by Blackstone in $8B deal
The deal, which is expected to close in early 2025, underscores private equity firms’ increasing interest in franchise ...
Blackstone buys Jersey Mike's sandwich chain
Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the ...
Watch for more Jersey Mike’s sub shops as it wins backing from private-equity giant Blackstone
The New Jersey-based sub giant, reportedly valued at $8 billion, aims to grow beyond 3,000 locations in the U.S.
Jersey Mike's Subs sold to Blackstone company in $8 billion deal
Blackstone has agreed to acquire Jersey Mike’s Subs in a deal that values the sandwich chain around $8 billion, including ...