Announced
Completed
Financials
Tags
Acquisition
sandwiches
Private
United States
Restaurants and Bars
Friendly
Private Equity
Single Bidder
Completed
Synopsis
Roark-backed Inspire Brands, a multi-brand restaurant company whose portfolio includes more than 8.3k Arby's, Buffalo Wild Wings, SONIC Drive-In and Rusty Taco locations worldwide, has completed the acquisition of Jimmy John's, an American franchised sandwich fast-food restaurant chain. Financial terms were not disclosed. "Jimmy John's is a great fit for the Inspire family. What started in 1983 as a sandwich shop in a converted garage in Charleston, Illinois, has grown into a national, differentiated brand with a passionate fanbase. We are excited to welcome Jimmy John's brand to Inspire and look forward to working with their team and franchisees to help the company achieve its next stage of growth," Paul Brown, Co-Founder and Chief Executive Officer of Inspire Brands.
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