Announced
Completed
Financials
Sources
Tags
Single Bidder
Friendly
Acquisition
United States
Restaurants and Bars
Private Equity
Completed
Private
Domestic
fast casual restaurants
Majority
Synopsis
Thompson Street Capital Partners, a private equity firm, completed the acquisition of Freddy’s Frozen Custard & Steakburgers, a Kansas-based franchisor of fast-casual restaurants. Financial terms were not disclosed. “Freddy’s is a highly unique, scaled franchisor platform that has built a premium brand over the past two decades with leading franchisee retention, remarkable growth, and a passionate guest following of ‘FredHeads'," Bob Dunn, TSCP Managing Partner.
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