YOUR BUSINESS AUTHORITY
Springfield, MO
St. Louis private equity firm Thompson Street Capital Partners purchased restaurant chain Freddy’s Frozen Custard & Steakburgers.
The terms of the transaction were not disclosed. The company has more than 360 franchised restaurants and around 30 company-operated eateries in some 30 states.
"There remains a large segment of the country where we are not present and by partnering with Thompson Street we will be better able to expand in those areas and continue our strong growth going forward," said CEO Randy Simon.
Read more from the St. Louis Business Journal.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Banker pleads guilty to fraud scheme
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Caterpillar to acquire John Fabick Tractor Co.
Eric Schmitt introduces Modern Skies Act
Springfield airport to cut the ribbon on $35M in construction projects