Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Cattlemen’s Steakhouse, Inc. to an Individual Investor. The acquisition closed January 29, 2025.
Headquartered in Oklahoma City, Oklahoma and established in 1910, Cattlemen’s Steakhouse, the city’s oldest dining establishment, has welcomed new ownership that acquired both the business and its real estate from the previous owner. Over its more than 100-year history, the restaurant has seen ownership changes and earned recognition as one of the top 10 steakhouses on Southern Living’s Most Legendary list, ranking third. The new ownership remains dedicated to preserving the welcoming atmosphere and quality that have made Cattlemen’s a beloved fixture in Stockyards City.
Generational Group Executive Managing Director, M&A, Central Region – Michael Goss, and his team led by Senior Managing Director, M&A, Cory Strickland, with the support of Managing Director, M&A, Ryan Johnson successfully closed the deal. Senior Managing Director, Doug Morrow established the initial relationship withCattlemen’s Steakhouse, Inc.
“I am thrilled to have been part of the team that successfully transitioned this 100-year-old restaurant—Oklahoma’s oldest continuously operated—to the next generation. What an incredible business, steeped in history. I’m confident that under its new leadership, Cattlemen’s will continue to thrive for the next 35 years,” said Strickland.
Ryan Binkley, CEO of Generational Group, added, “We are proud to facilitate this transaction and support our clients in achieving their strategic objectives. Guiding business owners through these critical milestones with confidence and clarity is the cornerstone of everything we do.”
