On Monday, July 1, 2025, the Honorable Michael B. Kaplan, United States Bankruptcy Judge for the District of New Jersey, approved the sale of Thrifty Ice Cream to Hilrod Holdings for $19.2 million.
The sale follows a competitive Chapter 11 auction that more than doubled the opening bid for the assets. PSZJ, led by Teddy Kapur and Steven Golden, represented Hilrod Holdings.
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