Rhône completed the acquisition of Freddy’s from Thompson Street Capital Partners.

Rhône, a global private equity firm, completed the acquisition of Freddy’s, a fast-casual restaurant chain, from Thompson Street Capital Partners, a private equity firm. Financial terms were not disclosed. “This acquisition marks a pivotal moment for Freddy’s. Over the last few years, we’ve seen steady growth and surpassed many milestones for our brand, while simultaneously strengthening our franchise system and building a loyal guest following. We’re excited to take our success to the next level with this new partnership with Rhône. Together, we look forward to unlocking even greater opportunities for the Freddy’s franchise family,” Chris Dull, Freddy’s President and CEO.