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Blackstone Completes Acquisition of Tropical Smoothie Cafe
June 11, 2024
NEW YORK, June 11 -- Blackstone, an investment firm, issued the following news release on June 10, 2024:

Atlanta, GA and New York, NY -- Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone ("Blackstone") have completed the acquisition of Tropical Smoothie Cafe, a leading franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. This marks the first transaction in Blackstone's most recent vintage of its flagship private . . .

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