Inspire Brands owns Arby’s, Buffalo Wild Wings, Sonic, Jimmy John’s, Dunkin’, Baskin-Robbins; a Roark-backed juggernaut with ~33,300 restaurants and $32.6B system sales.
Jersey Mike’s has priced its IPO at $23 a share, raising about $1 billion and valuing the company around $7.3 billion. The offering comprises 43.5 million shares and marks one of the largest restaurant IPOs in recent years, with Blackstone’s stake enabling a new employee equity program. The deal comes as U.S. stock markets show renewed appetite for consumer listings amid a broader IPO rebound.