Close-up of professional chef opening oven in restaurant kitchen.
Our Work

Latham Advises on Private Credit Financing for Rhône Group L.L.C.’s Acquisition of Freddy’s Frozen Custard & Steakburgers

September 19, 2025
Private credit team represents the financing sources supporting the private equity firm’s acquisition of the fast-casual franchise.

Certain investment funds affiliated with global private equity firm Rhône Group L.L.C. acquired Freddy’s Frozen Custard & Steakburgers, a fast-casual franchise, from Thompson Street Capital Partners.

Latham & Watkins LLP represented the financing sources in the transaction with a team led by partners Alfred Xue, Jason Bosworth, and Brianna Oller, with associates Kate Bell, Hai Pham, and Michael Mey, with assistance from Stephen Young.

Endnotes