The Rhône Custard & Steakburgers Freddy Frozen Frozen is for $ 700 million

RHône Group has agreed to obtain the American’s Freddy’s Freddy’s Frozen Custard & Steakburgers for $ 700 million, including debt, as mentioned by by Reuters.

Friedz, headquarters, was established in 2002 by the two brothers Bill and Randy Simon and their commercial partner Scott Ridler, and they were called the name of their father.

The series is currently running more than 500 sites across North America, and competed primarily against hamburger chains, with the majority of its ports run by franchise partners.

In November 2024, Reuters I mentioned that Thompson Street Capital Partners, who bought Freddy’s from her founders in 2021, cooperates with Bank Investment William Blair On the sale.

Thompson Street Capital Partners, based in Saint Lewis, focuses on medium -sized companies led by the founder and runs $ 4.5 billion in assets.

North Point also provided treatment services for treatment.

Rhône Group was founded in 1996 by former bankers from Lazard and Goldman Sachs, running $ 10 billion of assets and investment in consumer, commercial and industrial sectors.

The company took the Brazilian restaurant chain Fogo de Chão Private in 2018 and sold it to Bin Capital in 2023 for $ 1.1 billion.

Since 2017, Rhône has been an investor at Saks Fifth Avenue, HBC, which acquired the Neiman Marcus stores in 2024.

In June of the same year, Freddy Castrad & Steak Perrovers It signed the development of 20 units A deal in Houston, Texas.

The expansion was led by the franchise collection, Lone Star Custard, led by siblings John, Nick and Joe Dybento.

“RHôNE Group Buy Custard & Steakburgers Frozen Frozen Frozen for $ 700 million” was originally created and published Judgment food serviceThe brand owned by Globaldata.

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