Jersey Mike’s Subs U.K. retail offer

Concurrently with the $1 billion initial public offering and listing on the New York Stock Exchange of Jersey Mike’s Subs Inc., Davis Polk advised the representatives of the several underwriters, and the settlement bank, in connection with the U.K. retail offer of shares of Class A common stock of Jersey Mike’s Subs. The retail offer was completed under the U.K. Financial Conduct Authority’s public offer platform (POP) regime.

Jersey Mike’s Subs is a leading fast-casual restaurant franchisor with more than 3,300 locations across the United States and Canada. Founded in 1956 as Mike’s Subs in Point Pleasant, New Jersey, the company has grown from a single neighborhood sub shop into one of the fastest-growing restaurant brands in America. Jersey Mike’s differentiates itself through its “A Sub Above” positioning, emphasizing fresh-sliced meats and cheeses, authentic recipes, and a distinctive customer experience that has earned recognition as the #1 Best Sandwich Chain in America in 2025.

The Davis Polk U.K. corporate team included partner Will Pearce and associate Vivek Thanki. Counsel Mark Chalmers provided U.K. financial regulatory advice. Partner Dominic Foulkes provided U.K. tax law advice. The U.S. capital markets team included partners Michael Kaplan and Roshni Banker Cariello, and counsel Meaghan Kennedy. Members of the Davis Polk team are based in the London and New York offices.