Inspire Brands, Atlanta, announced plans to acquire Jimmy John’s Sandwiches, Champaign, Ill. 

“Jimmy John’s has found the ideal home at Inspire,” says Jimmy John Liautaud, founder of Jimmy John’s. “Inspire’s long-term approach, culture of innovation and commitment to helping brands grow sets it apart from the rest. I couldn’t be prouder of the company we’ve built, and I can’t wait to see what Jimmy John’s is able to accomplish under Inspire’s leadership.”

“Jimmy John’s is a great fit for the Inspire family,” says Paul Brown, co-founder and CEO of Inspire Brands. “What started in 1983 as a sandwich shop in a converted garage in Charleston, Ill., has grown into a national, differentiated brand with a passionate fan base. We are excited to welcome the Jimmy John’s brand to Inspire, and look forward to working with their team and franchisees to help the company achieve its next stage of growth.”

At the close of the transaction, James North will serve as president of the Jimmy John’s brand, and Liautaud will step down.