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.

“ 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 ...

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.

Barclays served as financial advisor to Blackstone while Baird served as lead financial advisor, with support from North Point and BofA Securities, to Tropical Smoothie Cafe Blackstone has more ...

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 ...

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 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 ...

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 ...

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.