Who owns Tropical Smoothie?
Tropical Smoothie Cafe sometimes referred to as Tropical Smoothie, or Tropical is a restaurant franchise in the United States. In addition to smoothies, the cafes offer sandwiches, wraps, salads, and flatbreads, and introduced bowls to their food line in 2017.
Who owns Tropical Smoothie?
In 2012, private equity firm Buckhead Investment Partners (BIP) bought a controlling interest in Tropical Smoothie Cafe. Founders Eric Jenrich and David Walker, the former owners of Tropical Smoothie Cafe, remained on the board of directors, and former Chief Operating Officer, Mike Rotondo, was promoted to replace Jenrich as chief executive officer in 2012 until his departure in 2018.
The brand was acquired by private equity firm Levine Leichtman Capital Partners (LLCP) in September 2020. Charles Watson currently serves as the chief executive officer. Tropical Smoothie Cafe’s menu includes smoothies, sandwiches, flatbreads, wraps, bowls, and breakfast items. They offer superfood, classic, indulgent, and supercharged smoothies along with supplements that may be added to each smoothie.
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