Jimmy John's is in talks to offload a significant equity stake to private equity investors, according to Reuters, in hopes a deal would value the company at over $2.3 billion including debt. Existing Jimmy John’s investor Weston Presidio would reportedly divest its 30% interest, and Jimmy John Liautaud, the company’s founder and majority owner, is considering the sale of a 10-15% stake. The U.S. sandwich chain had previously explored an IPO before scrapping those plans late last year.
Which buyout shops might be eager to add Jimmy John’s to their portfolios? Well, we can shed light on which firms have been busy backing similar businesses. According to the PitchBook Platform, here are the most active PE investors in U.S. restaurants & bars since 2008, along with their deal counts (incl. add-ons):