Not known Factual Statements About Jimmy John Owner

Unknown Facts About Jimmy John Owner

Weston Presidio bought a 33% stake in the company, and throughout the very first year closed on over 100 property offers. In September 2016, Roark Capital Group accepted acquire a bulk stake in Liautaud's business, as Weston Presidio offered their minority investment after ten years. Terms of the deal were not right away divulged, though it was later clarified that Liautaud maintained 35% ownership of the business as part of the offer.


In his 2018 book, Penis Portillo of Portillo's Restaurants called Liautaud his "great friend" and communicated that Liautaud attempted to buy Portillo's prior to it was ultimately offered to Berkshire Partners. In September 2019, Roark's Inspire Brands announced it was getting Jimmy John's for an unspecified quantity in a deal unanimously approved by Liautaud and the rest of the Jimmy John's Board of Directors.


The acquisition was completed on October 18 - James P. Liautaud. In 2008, Liautaud contributed $1 million to his high school, Elgin Academy, on the condition that the building built utilizing his donation bear not only his name, however also the name of the male who had actually been the dean of the school when Liautaud went to: James Lyons.


In 2011, Liautaud and his spouse vowed $1 million toward the building and construction of the new Champaign County YMCA - Jimmy John Liautaud Wife. In July 2014, Liautaud contributed $1 million to the Folds of Honor Foundation, a company that supports the partners and children of America's fallen and handicapped service-members. In 2017, Liautaud and his better half, Leslie, contributed $2 million to help Brewster Academy begin the fundraising for their brand-new home hall to house 22 trainees and 4 faculty homes.

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In January 2019, Camp Southern Ground, a non-profit summer camp established by musician Zac Brown, revealed that the Liautauds had actually contributed over $3. 2 million to date to help develop the camp's first domestic lodge and fund continuous operations. In non-summer months, the camp's centers are used to support military veterans and their families transitioning back to civilian life.


291 million to the Horatio Alger Association to support scholarships for underprivileged students in 2019. Liautaud partnered with his dad to produce with an endowment present of $5 million, the Liautaud Graduate School of Service at the University of Illinois-Chicago. The Liautauds donated $1 million to Chicago's Youth Guidance Becoming a Guy program, which assists disadvantaged young men find out how to manage hard life obstacles and provide them the tools to succeed in the future.


Liautaud is a member of the University of Illinois at Chicago's Chicago Area Entrepreneurship Hall of Fame. In 2003, he was called to Chicago's "40 Under 40" by Crain's Chicago Business. In 2004, he was named the Ernst & Young Food & Beverage Business Owner of the Year in Illinois. The winners were picked by an independent panel of judges made up of regional neighborhood and magnate - Jimmy John’s Owner.


In 2007, Liautaud provided the start speech at his university, now called the Liautaud-Lyons Upper School, a program of Elgin Academy. In 2012, Liautaud was granted the Nation's Dining establishment News Golden Chain award for outstanding accomplishments that have benefited customers in the food industry. In March 2017, he was named Franchise Times' "Dealmaker of the Year" for the offer that brought Roark Capital Group in as the company's new majority owner.

More About James P. Liautaud

The Horatio Alger Association of Distinguished Americans recognizes individuals who have conquered individual obstacles to attain personal and professional success. Liautaud has spoken at high schools; institution of higher learnings; and community spaces. Liautaud is a passionate hunter and angler. In an interview in 2015 with the, Liautaud said that the biggest misconception about him is that individuals still connect him to images of him positioning Jimmy John Founder with big game from ten years earlier.


Starting in 2015, his searching triggered people to require a boycott of his business. Liautaud is married to Leslie Liautaud and has 3 children, Spencer, Lucy, and Fred. Liautaud is a financier in white wines and vineyards, a minimum of among which has been included on the cover of.


Liautaud likewise owns a superyacht named ROCK.IT, a 198-foot ship built with his input by Feadship in 2014. The ship, which can accommodate 10 visitors with a crew of 13, has been a finalist for a few luxury yacht awards and been included in a variety of industry publications. Leslie Liautaud, other half of Jimmy John Liautaud, is a fan of President Donald Trump.


" Jimmy John Liautaud". Forbes. com. Recovered 28 October 2018. Giammona, Craig (1 December 2015). " Jimmy John's Founder Deserts IPO, Saying He's Not a Wall Street Man". Bloomberg. com. Retrieved 2 June 2016. Sasvari, Tom (14 September 2018). " 200-foot super private yacht 'Rock. It' gos to Gore Bay". Manitoulin Expositor. Obtained 5 March 2019.

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Retrieved 5 March 2019. Kapos, Shia (31 October 2015). " Dad of Jimmy John's owner dies, helped found organization". Obtained 2 June 2016. Johnson, Dirk (30 December 2008). " Troublesome Student Makes Great, and Formality Disciplinarian". Retrieved 2 June 2016. Bomkamp, Samantha (3 November 2015). " Jimmy John's founder opens on expansion, big game searching, possible IPO".




Casey, Erin (4 March 2009). " Success Stories: Jimmy John Liautaud". SUCCESS Magazine. Archived from the original on 2018-07-15. Wohl, Jessica (3 November 2015). " Sub Store Owner Jimmy John Weighs IPO however Isn't Sure He Has the Stomach for It". Retrieved 8 September 2016. Frost, Peter (21 January 2017). " Jimmy John Talks".


Hufford, Austen (8 September 2016). " Roark Capital Buys Bulk Stake in Jimmy John's". Recovered 11 September 2016. Frost, Peter (8 September 2016). " Arby's owner buys Jimmy John's majority stake". Recovered 15 September 2016. Portillo, Cock (27 November 2018). Out of the Dog House. Victory Books. p. 239. ISBN 9781641252478. " Inspire Brands to Obtain Jimmy John's".


25 September 2019. Retrieved 9 October 2019. Haddon, Heather (25 September 2019). " Arby's Parent to Obtain Jimmy John's". The Wall Street Journal. Obtained 9 October 2019. Ruggless, Ron (18 October 2019). " Inspire completes purchase of Jimmy John's". Nation's Restaurant News. Recovered 21 October 2019. " Liautauds promise $1 million to brand-new Champaign County Y".