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Blackstone Inc., the New York City-based private-equity company, has agreed to buy restaurant chain Tropical Smoothie Cafe for a reported $2 billion, including debt, the companies announced late ...
New York City-based private equity firm Blackstone announced Wednesday that it was entering into an agreement to purchase Tropical Smoothie Cafe, for what has been reported to be a $2 billion deal.
This marks the first transaction in Blackstone’s most recent vintage of its flagship private equity vehicle. “Tropical Smoothie Cafe is a nationally recognized brand with an impressive growth ...
Blackstone has announced a deal to acquire Tropical Smoothie Café, the top smoothie and juice franchise in the U.S. with more than 1,400 outlets in 44 states, from Los Angeles-based private ...
Barclays served as financial advisor to Blackstone while Baird served as lead financial advisor, with support from North Point and BofA Securities, to Tropical Smoothie Cafe Blackstone has more ...
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 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 ...
April 24 (Reuters) - Blackstone (BX.N), opens new tab 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 ...
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 ...
It’s been about two and a half months since Blackstone finalized its acquisition of Tropical Smoothie Cafe. During this period ... Fifty-seven percent of guests only buy a smoothie; how can the brand ...
“Tropical Smoothie Cafe has had an impressive growth trajectory ... the WSJ reported. In January, Blackstone agreed to buy single-family rental builder Tricon Residential for $3.5B.