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 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.

“ 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 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 has completed its previously announced buyout of US-based franchise Tropical Smoothie Cafe, from Levine Leichtman Capital Partners. No financial terms were disclosed.

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 ...

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 ...

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, ...