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Advent seeks to buy Chinese bakery chain Wagas at up to $1bn valuation – report

Global buyout major Advent International is in advanced talks to buy Chinese health-food and bakery chain Wagas, Bloomberg reported, quoting sources. The post Advent seeks to buy Chinese bakery chain Wagas at up to $1bn

Tropical Smoothie Cafe picked up by Levine Leichtman Capital Partners

Levine Leichtman Capital Partners has bought Tropical Smoothie Cafe, a franchisor of fast casual cafes with more than 870 units across 44 US states.