News

Blackstone is preparing to buy one of the country’s 100 largest chain restaurants as it revives its investment activity after a 2023 lull. The Atlanta-based franchise smoothie and bowl purveyor ...
Blackstone's deal for the rapidly growing fast-casual chain is valued at close to $2B, including an assumption of Tropical Smoothie Café's debt, according to a report in the Wall Street Journal ...
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 ...
(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.
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 ...
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 said it is acquiring acquire Tropical Smoothie Cafe, an Atlanta-based franchiser with over 1,400 locations in 44 states, from Leichtman Capital Partners.
Blackstone’s investment in Tropical Smoothie Cafe is the most recent example of a number of leading franchisors the firm has partnered with to help propel their continued growth, including ...
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. On the deal ...
April 24 (Reuters) – Blackstone is buying restaurant chain Tropical Smoothie Cafe for nearly $2 billion, including debt, the Wall Street Journal reported on Wednesday, citing people familiar ...
(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. The Atlanta-based ...