Tropical Smoothie Café

Blackstone, an American asset manager, has finalized its acquisition of the fast-casual restaurant brand Tropical Smoothie Café from Levine Leichtman Capital Partners.The financial details of the transaction, overseen by Blackstone-managed private equity funds, remain undisclosed.In December...

Levine Leichtman Capital Partners, a middle market private equity company, is reportedly considering the sale of the US restaurant chain Tropical Smoothie Café.According to reports from Reuters, the prospective transaction might be assessed at $2 billion.Levine...