Tropical Smoothie Cafe LLC, an Atlanta-based restaurant chain, is planning a U.S. initial public offering this year, according to people with knowledge of the matter.
Backed by private equity firm Levine Leichtman Capital Partners, Tropical Smoothie could be valued at at least $1 billion in a listing, the people said, asking not to be identified discussing private information. The company is working with Morgan Stanley and Jefferies Financial Group Inc. on the IPO, the people said.
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January 20, 2022 at 07:56AM
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Tropical Smoothie Cafe Is Said to Plan to Go Public This Year - Bloomberg
"cafe" - Google News
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