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Blackstone to Acquire Tropical Smoothie Cafe to Propel Leading Franchisor's Continued Expansion
April 25, 2024
ATLANTA, Georgia, April 25 -- Blackstone, an investment firm, issued the following news release on April 24, 2024:

Atlanta, GA and New York, NY -- Blackstone announced today that private equity funds managed by Blackstone ("Blackstone") have entered into a definitive agreement to acquire Tropical Smoothie Cafe, a leading franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. This would be the first transaction from Blackstone's most recent vint . . .

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