Blackstone is buying restaurant franchiser Tropical Smoothie Cafe is buying restaurant franchiser Tropical Smoothie Cafe. The ...
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.
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 ...