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 ...

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 ...

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 the wake of its sale to private equity giant Blackstone for $2 billion last summer, Tropical Smoothie Café is restocking its leadership team, including promoting seven-year company veteran ...

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 ...

Since 2023, the cafe has opened more than 300 new locations, more than 70% of which were opened by existing franchisees. In early 2024, Blackstone-managed funds acquired Tropical Smoothie Cafe to ...

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 ...

The company is currently headquartered in Atlanta and owned by Blackstone. There are currently more than 1,400 locations of the Tropical Smoothie Cafe in the U.S., including two in Central ...

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.