Rhône Acquires Freddy's Frozen Custard & Steakburgers from Thompson Street Capital Partners
September 4, 2025
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.
- Buyers
- Rhône
- Targets
- Freddy's Frozen Custard & Steakburgers
- Sellers
- Thompson Street Capital Partners
- Industry
- Restaurants & Hospitality
- Location
- Kansas, United States
- Transaction Type
- Buyout
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