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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.
April 24 (Reuters) - Blackstone (BX.N), opens new tab 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 ...
Blackstone has announced a deal to acquire Tropical Smoothie Café, the top smoothie and juice franchise in the U.S. with more than 1,400 outlets in 44 states, from Los Angeles-based private ...
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 ...
This marks the first transaction in Blackstone’s most recent vintage of its flagship private equity vehicle. “Tropical Smoothie Cafe is a nationally recognized brand with an impressive growth ...
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 ...
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 ...
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 ...
“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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