- Jersey Mike’s Subs is a fast-food chain that was founded in 1956 in Point Pleasant, New Jersey
- The franchise has more than 3,300 locations across the US and Canada
- Jersey Mike’s intends to use the proceeds of the IPO to pay down its debt and for general corporate purposes
Jersey Mike’s, which is backed by Blackstone, has gone public after pricing its 43.4 million shares at $23 per share.
The company started trading on the New York Stock Exchange on July 30, 2026 under the ticker symbol “JMKE.”
Jersey Mike’s Subs is a fast-food chain that was founded in 1956 in Point Pleasant, New Jersey. The franchise has more than 3,300 locations across the US and Canada.
Jersey Mike’s intends to use the proceeds of the IPO to pay down its debt and for general corporate purposes.
Morgan Stanley, Jefferies, J.P. Morgan, Barclays and Guggenheim Securities are are serving as the main underwriters.
BofA Securities, Goldman Sachs & Co. LLC, Evercore ISI, UBS Investment Bank, Baird, Wells Fargo Securities, William Blair, RBC Capital Markets, Deutsche Bank Securities, Wolfe | Nomura Alliance, Piper Sandler, Raymond James, Stifel, TD Securities, BTIG, Mizuho, Societe Generale, and Truist Securities are acting as joint bookrunning managers for the proposed offering. Blackstone, PJT Partners, Rabo Securities, Loop Capital Markets, Tigress Financial Partners, Academy Securities, Drexel Hamilton, Penserra Securities LLC, Roberts & Ryan, and Telsey Advisory Group are acting as co-managers.