Cattlemens Steakhouse Transitions to New Ownership
Deal News | Aug 04, 2025 | Generational Equity
Cattlemens Steakhouse, a historic dining establishment in Oklahoma City, has been acquired by an Individual Investor. The sale was advised by Generational Group, a prominent M&A advisory firm, and was completed on January 29, 2025. Founded in 1910, Cattlemens Steakhouse is known for its longevity and significance in the local restaurant scene, having been recognized as one of the top steakhouses in the South. The acquisition includes both the operation of the business and the underlying real estate. Key figures from Generational Group, including Executive Managing Director Michael Goss and Senior Managing Director Cory Strickland, played instrumental roles in facilitating the transaction. The new ownership intends to preserve the beloved traditions and quality that have defined Cattlemens for over a century.
Sectors
- Hospitality
- Real Estate
- Mergers and Acquisitions
Geography
- United States – The transaction involves Cattlemens Steakhouse, located in Oklahoma City, Oklahoma, a prominent city in the United States.
- Oklahoma – Cattlemens Steakhouse is specifically based in Oklahoma City, making the state of Oklahoma a focal geography in this transaction.
Industry
- Hospitality – Cattlemens Steakhouse operates in the hospitality sector, providing dining services as a renowned restaurant in Oklahoma City.
- Real Estate – The transaction involved the acquisition of both the business and its real estate, highlighting the involvement of the real estate sector.
- Mergers and Acquisitions – Generational Group's role in advising the sale highlights the importance of the M&A sector in facilitating such transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cattlemens Steakhouse, Inc. | Target company | Company | A historic steakhouse in Oklahoma City, recognized among the top Southern steakhouses. |
| Generational Group | Advisor | Company | A leading M&A advisory firm for privately held businesses, facilitated the sale of Cattlemens Steakhouse. |
| Michael Goss | Executive Managing Director, M&A | Person | Led the successful closure of the deal at Generational Group. |
| Cory Strickland | Senior Managing Director, M&A | Person | Key M&A team member from Generational Group who facilitated the transaction. |
| Ryan Johnson | Managing Director, M&A | Person | Supported the deal closure efforts at Generational Group. |
| Doug Morrow | Senior Managing Director | Person | Established the initial relationship with Cattlemens Steakhouse, Inc. |
| Ryan Binkley | CEO | Person | CEO of Generational Group, commented on the role of the firm in the transaction. |
| Individual Investor | Buyer | Company | Acquired Cattlemens Steakhouse and its real estate from the previous owner. |