M&A Deal Summary |
|
|---|---|
| Date | 2025-09-04 |
| Target | Freddy’s Frozen Custard & Steakburgers |
| Sector | Franchising |
| Buyer(s) | Rhône Group |
| Sellers(s) |
Thompson Street Capital Partners
Golub Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | William Blair North Point Advisors (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 11.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Rhône Group is a private equity and financial advisory firm focused on large-scale buyouts across North America and Western Europe. Areas of interest include energy, materials, industrials, retail, consumer products, healthcare, and financial services. Rhône was formed in 1995 and has offices in New York, Paris, and London.
| DEAL STATS | # |
|---|---|
| Overall | 35 of 35 |
| Sector: Franchising M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 10 of 10 |
| State: Kansas M&A | 1 of 1 |
| Country: United States M&A | 16 of 16 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-07 |
Sweet Oak
Roswell, Georgia, United States Sweet Oak is a privately held portfolio of businesses across sweeteners and other foods, grilling and fire-making products, and flavor enhancers for B2B. Sweet Oak is based in Roswell, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 2.6B USD |
| Size | Large |
| Type | Sector Agnostic |
Thompson Street Capital Partners is a private equity firm that targets control stakes in profitable, mid-sized North American companies with $5 to $20 million of EBITDA. Thompson Street looks for family businesses, private companies seeking liquidity, corporate divestitures, and public companies going private. Areas of interest include healthcare services, business services, electronics, information technology, and engineered products companies. Thompson Street will not consider investments in start-ups, early stage companies, or real estate. Thompson Street Capital was founded in 2000 and is based in St. Louis, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 48 of 49 |
| Sector: Franchising M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 18 of 19 |
| State: Kansas M&A | 1 of 1 |
| Country: United States M&A | 48 of 49 |
| Year: 2025 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-17 |
National Arbitration and Mediation
New York, New York, United States National Arbitration and Mediation provides alternative dispute resolution (“ADR”) services offering a cost-effective alternative to expensive and often time-consuming litigation. NAM was established in 1992 and is based in New York City. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-17 |
Isto Biologics
Hopkinton, Massachusetts, United States Isto Biologics is an orthobiologics company providing advanced solutions for the spine and orthopedics markets. Isto Biologics offers an innovative portfolio of products, including InQu Bone Graft Extender & Substitute, Influx Trabecular Bone Graft, and CellPoint Concentrated Bone Marrow Aspirate System. Isto Biologics was founded in 2016 and is based in Hopkinton, Massachusetts. |
Sell | - |
| Category | Lender |
|---|---|
| Founded | 1994 |
| PE ASSETS | 75.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Golub Capital is a private investment firm focused on making debt and equity investments in US based middle-market companies. Golub looks to invest between $5 and $75 million in businesses with established operating cash flow, strong customer relationships, and 'sustainable proprietary positions in their markets'. Prospective investment structures include refinancings, recapitalizations, buyouts, and growth financings. Sectors of interest include consumer products, business and consumer services, defense, manufacturing, value-added distribution, media, healthcare services and restaurants. Golub Capital was formed in 1994 and maintains offices in New York City, Atlanta, and Chicago.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 43 |
| Sector: Franchising M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 20 of 20 |
| State: Kansas M&A | 2 of 2 |
| Country: United States M&A | 41 of 41 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-09 |
Metal Supermarkets
Toronto, Ontario, Canada Metal Supermarkets operates convenience stores for metal, providing solutions to customers’ metal needs in both the business-to-business and business-to-consumer categories. Metal Supermarkets was formed in 1985 and is based in Toronto, Ontario. |
Buy | - |
