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Freddy's Names Industry Vet Chris Dull CEO - Vimarsana News

Freddy's Names Industry Vet Chris Dull CEO

Freddy's Freddy’s has experienced outstanding momentum over the past several years, most notably its openings growing by double digit percentages annually. Freddy’s Frozen Custard & Steakburgers announced that franchise and restaurant industry veteran Chris Dull has joined the company as the new Chief Executive Officer, effective immediately. Dull joins the fast-casual franchise on the heels of its recent acquisition by private equity firm Thompson Street Capital Partners (TSCP) in March of 2021. Freddy’s partnership with TSCP marks an exciting period of transition for the established ...

Freddy's co-founder leaves CEO role - Vimarsana News

Freddy's co-founder leaves CEO role

Provided May 6, 2021 Chris Dull, the former president and CEO of Global Franchise Group, which owns Great American Cookies, Marble Slab Creamery/MaggieMoo's, Pretzelmaker, Hot Dog on a Stick and Round Table Pizza, has replaced Randy Simon as CEO of Freddy's Frozen Custard & Steakburgers, according to a company press release. "As we look to continue Freddy's positive momentum, we're proud to welcome Chris into the Freddy's family," said Simon, who will remain chairman of the chain's Board. "His background and expertise will be a true asset in building upon the success we've achieved and expand...

Freddy's Frozen Custard sold to Thompson Street Capital Partners - Vimarsana News

Freddy's Frozen Custard sold to Thompson Street Capital Partners

Missouri-based private-equity firm acquires fast-casual steakburger concept Thompson Street Capital Partners has acquired Freddy’s Frozen Custard & Steakburgers, the 360-unit fast-casual concept, the St. Louis, Mo.-based private equity firm said Wednesday. Terms of the deal with the Wichita, Kan.-based Freddy’s were not disclosed. Freddy’s was founded in 2002 in Wichita and features a menu of steakburgers, shoestring fries and frozen custard. The company began franchising in 2004 and now has more than 360 locations, about 30 of them company-owned. "Freddy’s is a highly unique, ...

Source: nrn.com
Freddy's Acquired by Thompson Street Capital Partners - Vimarsana News

Freddy's Acquired by Thompson Street Capital Partners

Freddy’s Frozen Custard & Steakburgers has been purchased by private equity firm Thompson Street Capital Partners in an undisclosed deal.  The nearly 20-year-old chain is coming off a momentous year in which it opened 30 stores in the U.S., including its 400th. After experiencing a week in March where sales were down 38 percent, the chain finished the year by growing AUV by 6.5 percent, and increasing systemwide sales by 21.2 percent. In July, the brand experienced a 47 percent increase in drive-thru traffic and reduced wait times by 28 percent.

'Young Rock's Uli Latukefu Joins Cast Of Thriller 'Black Site' - Vimarsana News

'Young Rock's Uli Latukefu Joins Cast Of Thriller 'Black Site'

‘Young Rock’s Uli Latukefu Joins Cast Of Thriller ‘Black Site’ Deadline 2/18/2021 Young Rock, has joined the cast of Black Site, the thriller that stars Michelle Monaghan, Jason Clarke and Jai Courtney. Pallavi Sharda, Phoenix Raei and Fayssal Bazzi round out the cast of the pic, which marks the feature directorial debut of Sophia Banks and is now shooting in Gold Coast, Australia. The pic, penned by Jinder Ho, is the first out the gate for Asbury Park Pictures, the joint venture between Basil Iwanyk’s Thunder Road Films and Redbox Entertainment. It centers on a group of office...

Source: msn.com