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 GMT Puravankara 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...