Jersey Mike’s Subs has confidentially submitted forms for its initial public offering (IPO), as the quick-service restaurant giant plans to go public.

Backed by asset manager Blackstone, following an $8 billion acquisition in 2025, Jersey Mike’s said it hasn’t yet determined the number of shares – or price – that it will offer.

Founded in 1956, Jersey Mike’s has more than 2800 locations. 

The company is set to add a further 400 locations in the UK and Ireland following a franchising agreement with the UK-based JM Submarines that was signed in January.

Following its landmark acquisition by Blackstone, the Wall Street Journal reports that Jersey Mike’s founder, Peter Cancro, still holds a 10 per cent stake in the company.