{"schemaVersion":"1.0","matched":true,"query":{"name":"Tropical Smoothie Cafe","city":null},"permalink":"https://whoowns.cashpaymed.org/record/brand-tropical-smoothie-cafe","record":{"id":"brand-tropical-smoothie-cafe","name":"Tropical Smoothie Cafe","descriptor":"Restaurant brand · United States","checked":"August 19, 2026","peStatus":"confirmed","statusLabel":"Private-equity controlled","statusDetail":"The current ownership chain reaches Blackstone, and the cited transaction establishes control.","location":{"label":"Tropical Smoothie Cafe","address":"4359 E US Hwy 83, Rio Grande City, TX, 78582, US"},"alternatives":[],"chain":[{"role":"Business or brand","entity":"Tropical Smoothie Cafe","detail":"Restaurant brand · United States"},{"role":"Controlling PE owner","entity":"Blackstone","detail":"Blackstone identifies Tropical Smoothie Cafe as a current investment after completing its acquisition in 2024."}],"facts":[{"dimension":"Private-equity relationship","label":"PE-controlled","statement":"The current ownership chain reaches Blackstone, and the cited transaction establishes control.","evidenceDate":"August 19, 2026","sources":[{"label":"Blackstone completed the Tropical Smoothie Cafe acquisition","url":"https://www.blackstone.com/news/press/blackstone-completes-acquisition-of-tropical-smoothie-cafe/"}]},{"dimension":"Operating relationship","label":"Mostly franchised restaurant system","statement":"Brand-level record; a specific franchise, marketplace provider or licensed location may have a separate local operator.","evidenceDate":"August 19, 2026","sources":[{"label":"Blackstone investment professional: current consumer investments","url":"https://www.blackstone.com/people/david-kestnbaum/"}]},{"dimension":"Ownership form and scale","label":"Brand or company with a current private-equity portfolio relationship","statement":"Reported scale: National or global. Ownership form and geographic scale are shown separately.","evidenceDate":"August 19, 2026","sources":[{"label":"Blackstone investment professional: current consumer investments","url":"https://www.blackstone.com/people/david-kestnbaum/"}]}],"gap":"Brand-level record; a specific franchise, marketplace provider or licensed location may have a separate local operator."},"coverageWarning":null,"license":{"name":"Creative Commons Attribution 4.0 International","url":"https://creativecommons.org/licenses/by/4.0/","attribution":"WHO OWNS THIS? (https://whoowns.cashpaymed.org)"}}