Inspire Brands Completes Acquisition of Jimmy John’s
October 18 2019 - 7:30AM
Business Wire
Inspire Brands, Inc. (“Inspire”) today announced the completion
of its acquisition of Jimmy John’s Sandwiches (“Jimmy John’s”).
With the addition of Jimmy John’s, Inspire now encompasses more
than 11,200 restaurants across 16 countries generating more than
$14 billion annual system sales, making it the fourth-largest
restaurant company in the United States. In addition to Jimmy
John’s, Inspire’s restaurant portfolio includes Arby’s, Buffalo
Wild Wings, SONIC Drive-In and Rusty Taco.
“We are excited to officially welcome Jimmy John’s to our
growing family of brands,” said Paul Brown, Chief Executive Officer
of Inspire Brands. “The team members and franchisees at Jimmy
John’s should be incredibly proud of the company they’ve helped
create, and we look forward to building on their success as we
continue to drive innovation and long-term growth at Jimmy
John’s.”
As previously announced, James North has been named President of
the Jimmy John’s brand, reporting to Paul Brown, and founder Jimmy
John Liautaud is serving as an advisor to the brand.
“Jimmy John’s is thrilled to join the Inspire family,” said
North. “Our guests, team members and franchisees will benefit
greatly from Inspire’s significant scale and investments in
industry-leading capabilities, and we look forward to working
alongside the Inspire team to fuel future growth for the Jimmy
John’s brand.”
About Inspire Brands
Inspire Brands is a multi-brand restaurant company whose current
portfolio includes more than 11,200 Arby’s, Buffalo Wild Wings,
SONIC Drive-In, Rusty Taco, and Jimmy John’s Sandwiches locations
worldwide. The company was founded in 2018 and is headquartered in
Atlanta, Georgia. For more information, visit
InspireBrands.com.
About Roark
Roark focuses on investing in franchised and multi-unit
businesses in the consumer and business services sectors. Since
inception, affiliates of Roark have invested in 73
franchise/multi-unit brands, which collectively generate $37
billion in annual system revenues from 36,000 locations in 50
states and 81 countries.
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Christopher Fuller Chief Communications Officer Inspire Brands
Press@InspireBrands.com