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 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 is entering an agreement with Tropical Smoothie Cafe, which started in 1997 in Destin, Florida, to purchase the food chain for nearly $2 billion. Fox Business Personal Finance ...

Blackstone Buying Tropical Smoothie Cafe for $2B. The top juice and smoothie chain in US has 1,400 outlets in 44 states. ... In total, Tropical Smoothie Café inked 258 franchise agreements last year.

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, 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 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 ...

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, CEO Charles Watson and his team have met with the private equity firm a ...

Tropical Smoothie Cafe has more than 1,500 locations. Credit: Kristina Blokhin/Adobe Stock. In the wake of its sale to private equity giant Blackstone for $2 billion last summer, ...