Frozen dessert chain Tasti D-Lite said Thursday it has purchased Planet Smoothie LLC, the 110-unit smoothie and snack chain, from Petrus Brands in Atlanta. Terms of the deal were not disclosed. Petrus also operates Shane’s Rib Shack, a fast-casual barbecue concept with about 70 units. The 60-unit Tasti D-Lite, which is owned by New York-based private equity firm Snow Phipps Group LLC, said its acquisition of Planet Smoothie is expected to broaden the menu offerings of both brands, ...
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Contact: Desiree Torres Desiree.Torres@penton.com