Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced that it has partnered with management to acquire Tropical Smoothie Cafe, LLC (“Tropical Smoothie Cafe” or the “Company”). Tropical Smoothie Cafe is a leading franchisor of fast casual cafes with over 870 units across 44 states. The Company inspires a healthier lifestyle by serving better-for-you smoothies, wraps, sandwiches, and flatbreads across multiple dayparts. Tropical Smoothie Cafe was founded in 1997 and is headquartered in Atlanta, GA.
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