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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.
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 ...
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 ...
The moves come five months after Tropical Smoothie Cafe was acquired by private equity firm Blackstone in a deal that valued the fast-casual chain at about $2 billion. "Max's extensive experience ...
and I remain invested in the success of Tropical Smoothie Cafe." Earlier this year,funds managed by Blackstone acquired Tropical Smoothie Cafe. This investment from Blackstone is intended to help ...
Tropical Smoothie has a new CEO months after affiliates of Blackstone Inc. bought the Atlanta-based quick-service restaurant chain. Fast-growing Tropical Smoothie Cafe has a new owner and, now, a ...
AP 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 ...
In April, Blackstone reached a deal to buy Tropical Smoothie Cafe, valuing the restaurant chain at $2 billion. The business has more than 1,400 locations spread across 44 states. The move came ...
Blackstone has made several franchise investments in recent years. Earlier this year, it acquired Tropical Smoothie Cafe and announced ... Roark Capital agreed to buy Subway, Jersey Mike’s ...
“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.
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