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Rubrik goes public, as the stock closed up nearly 16% in the cybersecurity company's first day of trading

Rubrik, a data-focused cybersecurity company, went public yesterday, with the stock initially popping by about 20% and closing up nearly 16%.

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Blackstone set to purchase Tropical Smoothie Cafe for nearly $2 billion

Blackstone is entering an agreement with Tropical Smoothie Cafe, which started in 1997 in Destin, Florida, to purchase the food chain for nearly $2 billion.

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Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt

Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.

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Chain restaurant with 1,400 units to be sold for $2 billion

Chain restaurant with 1,400 units to be sold for $2 billion
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Blackstone buys Tropical Smoothie

Private equity funds managed by Blackstone will acquire Tropical Smoothie Cafe, a franchisor of fast-casual restaurants, from Levine Leichtman Capital Partners. The deal is worth roughly $2 billion, per published reports.

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Tropical Smoothie Cafe getting new owner

Atlanta-based Tropical Smoothie Cafe will be under new management when Blackstone acquires the 1,400-unit brand from Levine Leichtman Capital Partners, a Los Angeles-based private equity firm. Matthew Frankel, managing partner of LLCP, said he was grateful for the partnership with…

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McDonald's officially opens at Westgate Mall, 5 other fast-casual chains set to follow

McDonald's officially opens at Westgate Mall, 5 other fast-casual chains set to follow
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