YOBE_2
  Clean lines and modern decor characterize YOBE Frozen Yogurt locations.

Lafayette’s Blue Victory Holdings has announced the acquisition of YOBE, a Jacksonville, Fla.-based chain of frozen yogurt stores. The boutique private equity firm’s founder, Seenu Kasturi, tells ABiz the deal worth $4.8 million includes three company-owned stores and an expanding galaxy of franchises nationwide. Katsuri says he hopes “to bring a couple of locations to Lafayette soon.”

While based almost entirely in eastern and central Florida, YOBE has a scattering of franchises in coastal Georgia, South Carolina and Tennessee with plans to expand into North Carolina, Kentucky, Texas, Oregon, New York and Virginia. The company’s website indicates international expansion plans in the Caribbean, United Kingdom, China and the Middle East.

Kasturi and Blue Victory Holdings were recently profiled in ABiz’s annual Top 50 Privately Held Companies. Read more about the enterprising entrepreneur and his company’s diverse holdings here.

To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at theIND.com.

feed-image RSS Feed
Loading
Chart
ABiz Stock Watch
o Home Bancorp 23.10 0.00 (0.00%)
o Frank's International 19.82 ▼0.11 (-0.55%)
o IberiaBank Corp 67.45 ▼0.05 (-0.07%)
o LHC Group 23.82 ▼0.25 (-1.04%)
o MidSouth Bancorp 18.74 ▼0.06 (-0.32%)
o Petroquest Energy 4.05 ▲0.05 (1.25%)
o PHI Inc. 41.27 0.00 (0.00%)
o Superior Energy 23.73 ▼0.49 (-2.02%)
o Stone Energy 20.95 ▼0.66 (-3.05%)
o Facebook Inc. 77.15 ▲1.52 (2.01%)
o Twitter Inc. 41.24 ▲1.48 (3.72%)
o Gannett 32.26 0.00 (0.00%)
NYSE:HBCP

Home Bancorp

Company ID [NYSE:HBCP] Last trade:23.10 Trade time:9:55AM EST Value change:0.00 (0.00%)
NYSE:FI

Frank's International

Company ID [NYSE:FI] Last trade:19.82 Trade time:11:12AM EST Value change:▼0.11 (-0.55%)
NYSE:IBKC

IberiaBank Corp

Company ID [NYSE:IBKC] Last trade:67.45 Trade time:10:53AM EST Value change:▼0.05 (-0.07%)
NYSE:LHCG

LHC Group

Company ID [NYSE:LHCG] Last trade:23.82 Trade time:11:12AM EST Value change:▼0.25 (-1.04%)
NYSE:MSL

MidSouth Bancorp

Company ID [NYSE:MSL] Last trade:18.74 Trade time:11:07AM EST Value change:▼0.06 (-0.32%)
NYSE:PQ

Petroquest Energy

Company ID [NYSE:PQ] Last trade:4.05 Trade time:11:13AM EST Value change:▲0.05 (1.25%)
NYSE:PHII

PHI Inc.

Company ID [NYSE:PHII] Last trade:41.27 Trade time:2:42PM EST Value change:0.00 (0.00%)
NYSE:SPN

Superior Energy

Company ID [NYSE:SPN] Last trade:23.73 Trade time:11:14AM EST Value change:▼0.49 (-2.02%)
NYSE:SGY

Stone Energy

Company ID [NYSE:SGY] Last trade:20.95 Trade time:11:14AM EST Value change:▼0.66 (-3.05%)
NYSE:FB

Facebook Inc.

Company ID [NYSE:FB] Last trade:77.15 Trade time:11:14AM EST Value change:▲1.52 (2.01%)
NYSE:TWTR

Twitter Inc.

Company ID [NYSE:TWTR] Last trade:41.24 Trade time:11:14AM EST Value change:▲1.48 (3.72%)
NYSE:GCI

Gannett

Company ID [NYSE:GCI] Last trade:32.26 Trade time:11:14AM EST Value change:0.00 (0.00%)
Advertisement

Read the Flipping Paper!

Click Here for the Entire Print Version of
ABiz
 
Advertisement
Advertisement