Blackstone to buy restaurant chain Tropical Smoothie in $2 billion deal, source says

Retrieved on: 2024-04-24 20:34:51

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Juice bars

Destin, Florida

Tropical Smoothie Cafe

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Blackstone to buy restaurant chain Tropical Smoothie in $2 billion deal, source says. View article details on HISWAI: https://ca.finance.yahoo.com/news/blackstone-buy-tropical-smoothie-cafe-191138418.html

Summary

Blackstone Inc. is acquiring Tropical Smoothie Cafe, a franchise that started in Destin, Florida, and specializes in smoothies and has expanded to over 1,400 locations. The deal emphasizes Blackstone's investment strategy in franchise businesses.

Article found on: ca.finance.yahoo.com

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