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January 24, 2026
Kirkland Advises LLCP on Sale of Tropical Smoothie Cafe

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AI-made summary
- Kirkland & Ellis advised Levine Leichtman Capital Partners (LLCP) on the definitive agreement to sell its portfolio company, TSC Intermediate, Inc
- (Tropical Smoothie Cafe), to private equity funds managed by Blackstone
- Tropical Smoothie Cafe operates over 1,400 fast casual restaurant locations across 44 states
- The Kirkland legal team was led by corporate partners Kevin Mausert, Angela Oldham, Shelly Hirschtritt, and associate Laura Nance.
Kirkland & Ellis counseled Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, on its definitive agreement to sell its portfolio company TSC Intermediate, Inc. (Tropical Smoothie Cafe) to private equity funds managed by Blackstone. Tropical Smoothie Cafe is a leading franchisor of fast casual restaurants built on a mission to Inspire Better® with more than 1,400 locations across 44 states. Read LLCP’s press release The Kirkland team was led by corporate partners Kevin Mausert, Angela Oldham and Shelly Hirschtritt and associate Laura Nance.
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