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Blackstone Exclusive: Acquisition of Global Smoothie Chain Explained

Blackstone has officially acquired Tropical Smoothie Café, a fast-casual restaurant franchisor, from Levine Leichtman Capital Partners.

PHOTO: Blackstone
PHOTO: Blackstone

This acquisition, the first from the latest series of Blackstone’s flagship private equity funds, aims to fuel the rapid expansion of Tropical Smoothie Café. The growth strategy focuses on

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