Business & Finance

Atlanta, GA and New York, NY – June 10, 2024 – Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have completed the acquisition of Tropical Smoothie Cafe, a leading franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. This marks the first transaction in Blackstone’s most recent vintage of its flagship private equity vehicle.“Tropical Smoothie Cafe is a nationally recognized brand with an impressive growth trajectory underpinned by a base of loyal franchisees and guests,” said Peter Wallace, a Senior Managing Director, and Michael Staub, a Managing Director, in Blackstone’s Private Equity business. “With Blackstone’s capital and resources, we look forward to accelerating the Company’s continued expansion across ...

Bengaluru, Karnataka, India: Friday, June 7, 2024 12:48PM IST (7:18AM GMTPuravankara Limited, one of India’s most trusted and admired real estate developers, has been ranked among the Top 4 real estate companies across India for adopting best practices in the business. Ranked among the Top 5 National Real Estate Brand, Puravankara’s commitment to best practices has been acknowledged with ten well-defined parameters, like Fiscal Management, Execution Standards, Market Depth Consumer Connect: Transparent Deals, Functional Professionalism; Care for Society & Environment Employer; Communication Openness; and Desirable Practices that far exceed the prevailing standard practices.The company has maintained its 5th Rank with an improved brand score in terms of the overall Brand Ranki...