Inspire Brands, Inc. announced October 18 the completion of its acquisition of Jimmy John’s Sandwiches.

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,” says 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,” adds 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.”

Finance, News, Jimmy John's