Freddy's

Financing

Freddy's reportedly considers a sale as franchise M&A heats up

The fast-casual burger chain is apparently considering a sale process that could value the brand at $1 billion, as private-equity groups snap up franchise businesses.

Technology

No one goes to a restaurant for its technology

They're coming for the great food and experience. The technology should just make that experience easier to get.

Freddy's promotes Brian Wise to role of chief operating officer, and Jerry Kunz is named Vice President of Finance.

Freddy's Scott Redler was elected vice chairman, and Michigan's Jeff Lodbell was named treasurer.

The fast-casual chain said it plans to expand a test of deploying workers with tablets to its drive-thrus to take orders and payments as it looks to move cars through the line more quickly.

The marketing veteran joins the fast-growing fast-casual concept six months after its sale to Thompson Street Capital Partners.

A co-founder of the brand, Redler has been COO for 19 years.

The fast-growing chain promoted SVP Andrew Thengvall to chief development officer and hired two new people to his team.

The fast-casual custard-and-burger concept debuted a new prototype focused largely on off-premise business.

Dull, who was president and CEO of Global Franchise Group, takes the fast casual’s helm from co-founder Randy Simon.

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