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Jersey Mike"s founder achieves 7 billion dollar valuation after Blackstone deal
Jersey Mike’s founder has reached a net worth of $7 billion following a lucrative deal with Blackstone. This significant financial milestone highlights the growing success and valuation of the popular sandwich chain in the competitive fast-casual dining market.
blackstone explores securitization options for jersey mike"s acquisition financing
Blackstone Inc. is exploring the securitized debt market to finance its acquisition of a majority stake in Jersey Mike’s. The firm aims to enhance the sandwich chain’s existing whole-business securitization, with discussions on the debt financing still in early stages and subject to change.
blackstone nearing acquisition of jersey mike"s for eight billion dollars
Blackstone Inc. is reportedly nearing a deal to acquire the sandwich chain Jersey Mike’s for approximately $8 billion, including debt. An announcement regarding the sale could come as early as this week, according to a source familiar with the negotiations.
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