"We believe we are still in the early innings of Jersey Mike's growth story and that Blackstone is the right partner to help us reach even greater heights," said Cancro, reflecting optimism and confidence in the potential for robust expansion and collaboration post-acquisition.
The acquisition marks a pivotal moment for the beloved sub-shop chain, reinforcing its position as a significant player in the fast-casual dining sector while also positioning it for further growth under Blackstone’s guidance.
Blackstone is known for its success in scaling franchise operations, and this partnership is expected to introduce enhanced tools, operational efficiencies, and increased brand recognition for Jersey Mike's operators.
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