Thompson Street Capital Partners has successfully sold Freddy's Frozen Custard & Steakburgers

Thompson Street Capital Partners (TSCP), a St. Louis-based private equity firm, has successfully sold Freddy's Frozen Custard & Steakburgers to Rhône, a global private equity firm. "Under TSCP's ownership for the past five years, Freddy's focused on foundational improvements and growth investments, which led to significant operational milestones. The partnership was centered on enhancing the guest and franchisee experience through improvements in back-of-house efficiency, digital platforms, menu innovation, and franchisee support."