A Tropical Smoothie Cafe in Valdosta, Georgia Blackstone is preparing to buy one of the country’s 100 largest chain restaurants as it revives its investment activity after a 2023 lull.

Blackstone Buying Tropical Smoothie Cafe for $2B. The top juice and smoothie chain in US has 1,400 outlets in 44 states. ... In total, Tropical Smoothie Café inked 258 franchise agreements last year.

(Reuters) - Blackstone has agreed to buy Tropical Smoothie Cafe, the private equity firm said on Wednesday, in a deal that a source said valued the restaurant chain at $2 billion.

“ By partnering with Blackstone, Tropical Smoothie Cafe will be able to Inspire Better® in more communities nationwide alongside our dedicated franchisees,” said Charles Watson, Chief ...

Blackstone has completed its previously announced buyout of US-based franchise Tropical Smoothie Cafe, from Levine Leichtman Capital Partners. No financial terms were disclosed.

Blackstone announced plans to buy the chain in April. Tropical Smoothie Cafe CEO isn't above making the smoothies Marsden has helped Tropical Smoothie Cafe grow 218% Marsden has helped Tropical ...

Blackstone BX said it is acquiring acquire Tropical Smoothie Cafe, an Atlanta-based franchiser with over 1,400 locations in 44 states, from Leichtman Capital Partners. The private-equity company ...

Blackstone, via private equity funds it manages, entered into a definitive agreement to buy Tropical Smoothie Cafe from Levine Leichtman Capital Partners, the company said in a press release ...

Levine Leichtman Capital Partners has agreed to sell U.S.-based franchise Tropical Smoothie Cafe to Blackstone. Headquartered in Atlanta, Tropical Smoothie Cafe was founded in 1997.

UPDATE 1-Blackstone to buy Tropical Smoothie Cafe in $2 bln deal, WSJ reports | Wed, 24 Apr 2024 19:17:36 GMT (Adds details and background throughout) ...

The Atlanta-based company began operating as a single location on a beach in Destin, Florida, and now operates over 1,400 locations in 44 states. Reuters had reported in December, citing sources, that ...