Generational Group Advises Cattlemen's Steakhouse, Inc. in its Sale to an Individual Investor
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 with Cattlemen'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.'
About Generational Group
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20 th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.
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