Blackstone-Backed Jersey Mike’s Files Confidential IPO

Jersey Mike’s Subs, a sandwich chain with over 3,000 locations, has submitted a confidential initial public offering filing with the U.S. Securities and Exchange Commission. This confidential process allows the company to prepare for a public listing while withholding certain details from competitors and the public. The move, backed by Blackstone, indicates a significant step towards accessing public capital markets. This filing suggests strong growth prospects and a strategic push for expansion, with investors likely anticipating further disclosures as the IPO progresses.