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'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 ...

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

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.

“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 ...

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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 ...