With new owner Blackstone, Tropical Smoothie Cafe is confident it can speed up growth as a major national marketing push gets underway. Blackstone’s buy captures the Deal of the Year in the 13th ...

In April, Blackstone agreed to buy Tropical Smoothie Cafe, a franchiser of fast casual restaurants, from PE firm Levine Leichtman Capital Partners. “Blackstone has deep experience helping ...

How did Tropical Smoothie prepare itself for its $2 billion sale to Blackstone? The panel will start with a presentation of the 2025 Franchise Times Dealmakers awards.