Congratulations to our client, Blackstone, for winning Franchise Times’ prestigious 2025 Deal of the Year award in the 13th annual Dealmakers project for its acquisition of Tropical Smoothie Café.

The recognition is the latest honor for clients advised by William Blair’s restaurant team. Authentic Restaurant Brands, owned by Garnett Station Partners, received Mergers & Acquisitions’ 2024 Deal of the Year for its take-private acquisition of Fiesta Restaurant Group, and Hissho Sushi received Franchise Times’ 2023 Dealmakers of the Year award for its sale to Brentwood Associates.