"Opened in 1993 on Florida's panhandle, this fast-casual restaurant franchise serves up delicious smoothies, wraps, flatbreads, acai bowls, and more. Customers rave about their icy, thick, and refreshing blends. This includes favorites like the fruity Bahama Mama with coconut and white chocolate and the tangy and tropical Blimey Limey. Tropical Smoothie Cafe is also known for its fresh and healthy grab-and-go meals that cover breakfast and lunch. Fan favorites include the Chicken Pesto Flatbread, the Chipotle Chicken Club, and the PB Banana Crunch Flatbread."
"Back in 2007, Blackstone made big moves by acquiring Pinnacle Foods Group Inc. They produced a bunch of brands, including Duncan Hines, Hungry Man, Vlasic, and Mrs. Buttersworth's. In 2013, Blackstone took Pinnacle public and gradually exited its stake. A few years later, in 2018, Conagra bought Pinnacle outright. Today, Blackstone holds a controlling stake in Trilliant Food & Nutrition, which produces coffee and tea products. In 2024, Blackstone looked into selling Trilliant, but no deal went through."
Blackstone owns major restaurant and food brands and recently added Tropical Smoothie Cafe to its portfolio alongside Jersey Mike's. Tropical Smoothie Cafe opened in 1993 in Florida's panhandle and serves smoothies, wraps, flatbreads, acai bowls, and grab-and-go breakfast and lunch items. Popular menu items include the Bahama Mama, Blimey Limey, Chicken Pesto Flatbread, Chipotle Chicken Club, and PB Banana Crunch Flatbread. The chain has grown to more than 1,500 U.S. locations and is expanding through its partnership with Blackstone. Blackstone acquired Pinnacle Foods in 2007, took it public in 2013, and saw Conagra buy Pinnacle in 2018. Blackstone retains a stake in Trilliant Food & Nutrition and explored selling it in 2024. Other investment firms such as Roark Capital and JAB Holding Company also own multiple major restaurant and beverage brands.
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