Snapshot from Aug 16, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / Jersey Mike's IPO roadshow
Business initial public offering

Jersey Mike's IPO roadshow

Analysis based on 8 articles · First reported Jul 20, 2026 · Last updated Jul 20, 2026

Sentiment
30
Attention
4
Articles
8
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The IPO could boost the restaurant sector's visibility and provide a benchmark for valuations. Strong demand may signal investor appetite for fast-casual brands, while the large offering size could absorb significant capital.

restaurants investment banking
Event Summary

Jersey Mike s Subs Subs has commenced a roadshow for its initial public offering, planning to sell 43.5 million shares at $21-$25 each, aiming to raise up to $1.1 billion. The company will list on the NYSE under ticker JMKE. Existing shareholders including Blackstone and United Arab Emirates — Abu Dhabi Investment Authority are selling shares. The IPO is expected to be the largest restaurant IPO in two decades. Underwriters include Morgan Stanley, Jefferies, J.P. Morgan, Barclays, Guggenheim Securities, and others. Jersey Mike s Subs operates over 3,300 locations and reported $724 million revenue in 2025.

Key Actions
100 Jersey Mike s Subs filed for listing
90 Jersey Mike s Subs applied to list on NYSE New York Stock Exchange
80 Jersey Mike s Subs filed registration statement United States — United States Securities and Exchange Commission
70 Blackstone Inc. selling shares in IPO
60 United Arab Emirates — Abu Dhabi Investment Authority selling shares in IPO
50 Morgan Stanley acting as global coordinator
50 Jefferies acted as manager
50 JPMorgan Chase acted as manager
40 Barclays acting as co-global coordinator
40 Guggenheim Partners acting as co-global coordinator
40 Charles Morrison became CEO
30 Jersey Mike s Subs moved to chairman role
Entities Involved
priv
Jersey Mike s Subs
Jersey Mike s Subs is the issuer, seeking to raise capital and gain public market access. The IPO values the company at up to $7.9 billion, providing liquidity for existing investors.
Importance 100.0 Sentiment 70.0
stock
Blackstone Inc.
Blackstone is a major existing shareholder selling part of its stake, expected to retain majority voting control post-IPO. The offering allows partial exit while maintaining influence.
Importance 80.0 Sentiment 50.0
govactor
United Arab Emirates — Abu Dhabi Investment Authority
ADIA is selling shares as an existing investor, realizing gains from its investment in Jersey Mike s Subs.
Importance 60.0 Sentiment 40.0
stock
JPMorgan Chase
J.P. Morgan is a global coordinator and joint bookrunner, earning fees and strengthening its investment banking position.
Importance 50.0 Sentiment 20.0
stock
Morgan Stanley
Morgan Stanley is a global coordinator and joint bookrunner, earning underwriting fees and enhancing its IPO franchise.
Importance 50.0 Sentiment 20.0
priv
Jefferies
Jefferies is a global coordinator and joint bookrunner, benefiting from the large IPO.
Importance 50.0 Sentiment 20.0
priv
Guggenheim Partners
Guggenheim Securities is a co-global coordinator and joint bookrunner, involved in the IPO.
Importance 40.0 Sentiment 15.0
stock
Barclays
Barclays is a co-global coordinator and joint bookrunner, participating in the underwriting syndicate.
Importance 40.0 Sentiment 15.0
per
Jersey Mike s Subs
Founder Jersey Mike s Subs moved to chairman role after leading the company for nearly 50 years, signaling leadership transition.
Importance 40.0 Sentiment 30.0
per
Charles Morrison
Charles Morrison became CEO in April, bringing experience from Wingstop and Salad and Go to lead the company through its IPO.
Importance 40.0 Sentiment 30.0
govactor
United States — United States Securities and Exchange Commission
The SEC is the regulator reviewing Jersey Mike s Subs registration statement; the IPO cannot proceed until the registration becomes effective.
Importance 30.0 Sentiment 0.0
stock
UBS
UBS Investment Bank is a joint bookrunner, earning underwriting fees.
Importance 30.0 Sentiment 10.0
stock
Bank of America
BofA Securities is a joint bookrunner, earning fees from the offering.
Importance 30.0 Sentiment 10.0
stock
Goldman Sachs
Goldman Sachs is a joint bookrunner, participating in the underwriting.
Importance 30.0 Sentiment 10.0
priv
Evercore
Evercore is a joint bookrunner, involved in the IPO.
Importance 30.0 Sentiment 10.0
+ 9 more entities View on Dashboard
Relationships
Blackstone Inc. related ↔ JPMorgan Chase
Blackstone Inc. related ↔ Morgan Stanley
United Arab Emirates — Abu Dhabi Investment Authority related ↔ Morgan Stanley
JPMorgan Chase related ↔ Morgan Stanley
JPMorgan Chase related ↔ Jefferies
JPMorgan Chase related ↔ Guggenheim Partners
JPMorgan Chase related ↔ Barclays
Morgan Stanley related ↔ Jefferies
Morgan Stanley related ↔ Barclays
Jefferies related ↔ Barclays
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