Kahala Corp. (OTCPK:KAHL) acquired Tasti D-Lite, LLC from Snow Phipps Group, LLC, Steelpoint Capital Partners, LP and other shareholders on June 2, 2015. Under the terms of the transaction, Kahala also acquired Planet Smoothie. Kahala Brands will consolidate the corporate operations and run the franchising platform for both brands.

Kahala Corp. (OTCPK:KAHL) completed the acquisition of Tasti D-Lite, LLC from Snow Phipps Group, LLC, Steelpoint Capital Partners, LP and other shareholders on June 2, 2015.