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 ...

Charles Watson, who led Tropical Smoothie Cafe for more than six years and shepherded it through its acquisition by Blackstone, is joining Smalls Sliders as CEO, according to a press release ...

Blackstone said it has helped grow major franchises like Hilton Hotels and SERVPRO. It has also recently invested in chains like Tropical Smoothie Cafe and 7Brew. The deal was expected to close in ...