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Operator of 20 family-oriented restaurants located in the major metropolitan areas of Houston, New Orleans and Denver. In November 1998, CHPIII partnered with existing management to purchase Luther's, based in Houston, Texas, from a group of private investors. The company's concept is to offer high quality, moderately priced barbecue style food in a "rustic" environment. The company was founded in 1975 and its management team has been in place for more than 15 years.
December 10, 1998
Luther's Bar-B-Q Completes Management Led Buyout
Houston, TX - December 10, 1998 - The management of Luther's Bar-B-Q, Inc. (Luther's®) together with Castle Harlan Partners III, L.P., a $630 million private equity fund managed by Castle Harlan, Inc. (Castle Harlan), a New York merchant bank, has…
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