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Charlie Morrison

Coverage of Charlie Morrison in the Nexus archive.

Earliest in view: Jul 21 · 07:00 UTCMost recent: Jul 21 · 07:00 UTC
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  • BUSINESSJul 21 · 07:00 UTCFORTUNE
    Jersey Mike’s IPO valuation could reach eight times Sweetgreen’s market cap

    Jersey Mike’s is preparing for an IPO with a valuation potentially exceeding $7.9 billion, significantly higher than recent restaurant IPOs like Sweetgreen and Cava. The company plans to raise $913 million to $1.1 billion by offering 43.5 million shares, with private equity backers including Blackstone and Abu Dhabi Investment Authority selling shares while retaining stakes.