Thompson Street Capital Partners Acquires Bubbakoo's Burritos

Thompson Street Capital Partners Acquires Freddy's Frozen Custard & Steakburgers

March 3, 2021

Restaurants & Hospitality

Thompson Street Capital Partners (TSCP) has acquired Freddy's Frozen Custard & Steakburgers, the Wichita-based franchisor of fast-casual restaurants. TSCP said it will partner with Freddy's founders and management to accelerate franchise development, expand the brand geographically, and invest in marketing and technology to support growth across the U.S.

Rhône Acquires Freddy's Frozen Custard & Steakburgers from Thompson Street Capital Partners

September 4, 2025

Restaurants & Hospitality

Investment funds affiliated with Rhône have acquired Freddy's Frozen Custard & Steakburgers from Thompson Street Capital Partners. Freddy's— a fast-casual franchise with more than 550 locations and over $1 billion in system-wide sales—will keep its existing leadership as Rhône supports continued market expansion and guest-experience improvements.

McCarthy Capital Leads Growth Investment in BUBS Naturals

March 8, 2022

Consumer Products

An affiliate of McCarthy Capital led a growth funding round in BUBS Naturals, a direct-to-consumer natural consumer-packaged goods brand specializing in nutritional supplements. The round included participation from individual investors and will be used to scale operations, hire additional team members and expand product offerings.

Foodtastic Acquires Quesada Burritos & Tacos

December 2, 2022

Restaurants & Hospitality

Foodtastic Inc. has entered into an agreement to acquire Quesada Burritos & Tacos, a fast-growing Canadian quick-service restaurant brand. The acquisition adds Quesada's +175 restaurants to Foodtastic's portfolio and Foodtastic plans to open about 50 new Quesada locations over the next 36 months.

BRS & Co. and Rosser Capital Partners (with Doug Thompson) Acquire Tumble 22

October 25, 2022

Restaurants & Hospitality

BRS & Co. and Rosser Capital Partners, together with former Texas Roadhouse COO Doug Thompson, have acquired Tumble 22 Holdings, LLC, a Texas-based, bar-centric hot chicken restaurant concept with five locations. Founders Guy Villavaso and Larry Foles (Guy + Larry Restaurants) will retain an ownership stake, and the new partners plan to provide capital and operating expertise to accelerate geographic expansion and growth.

Thompson Street Capital Partners Makes Growth Investment in Sabai Global

February 6, 2023

Healthcare Services

Thompson Street Capital Partners (TSCP) completed a growth investment in Sabai Global, a Chesterfield, Missouri-based provider of biosafety consulting, regulatory review, and central IRB services for clinical research. The investment will support Sabai’s continued expansion of services—particularly in cell and gene therapy—across pharmaceutical sponsors, CROs, academic health systems, and clinical research site networks.