"Congratulations to all our owners and teams for all they have accomplished with their commitment and hard work," Founder Peter Cancro said in a statement, according to QSR. "Reaching 3,000 stores is a celebration of all who have helped build Jersey Mike's into a brand that resonates on a national level due to our powerful giving culture."
The deal, valued at around $8 billion, aims to accelerate Jersey Mike's expansion and support ongoing technological investments, with Blackstone's private equity funds as the driving force.