Special Situations/Distressed • Restaurants

Landry s Acquires Houlihan s Restaurants

On December 30, 2019, Landry s acquired restaurant Houlihan s Restaurants

Acquisition Context
  • This is Landry s’ 10th transaction in the Restaurants sector.
  • This is Landry s’ 11th transaction in the United States.
  • This is Landry s’ 1st transaction in Kansas.

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M&A Deal Summary

Date December 30, 2019
Target Houlihan s Restaurants
Sector Restaurants
Buyer(s) Landry s
Deal Type Special Situations/Distressed

Target Company

Houlihan s Restaurants

Leawood, Kansas, United States
Houlihan's Restaurants is an operates and franchises a system of restaurants specializing in high-quality, moderately-priced food and alcoholic beverages. Houlihan's Restaurants was founded in 1972 and is based in Leawood, Kansas.
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Buyer Overview 1

Buyer

Landry s

Houston, Texas, United States

Category Company
Founded 1980
Sector Restaurants
DESCRIPTION

Landry’s, Inc. is a multinational, diversified restaurant, hospitality, gaming and entertainment company based in Houston, Texas. The company operates more than 500 high-end and casual dining establishments around the world, including well-known concepts such as Landry’s Seafood, Bubba Gump Shrimp Co., Rainforest Cafe, Morton’s The Steakhouse, The Oceanaire, McCormick & Schmick’s Seafood, Chart House, Saltgrass Steak House, Claim Jumper and Mastro’s Restaurants. Landry’s also operates a group of signature restaurants, including Vic & Anthony's, Grotto, Willie G's and others.


Deal Context for Buyer #
Overall 11 of 11
Sector: Restaurants 10 of 10
Type: Special Situations/Distressed 3 of 3
State: Kansas 1 of 1
Country: United States 11 of 11
Year: 2019 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-25 Double Eagle Steak House

Dunwoody, Georgia, United States

Double Eagle Steak House is one of the best restaurants in Atlanta. At the forefront of the new Park Center development at the intersection of Hammond Drive and Perimeter Center Parkway, Double Eagle Steak House restaurant is located near Atlanta’s Perimeter Mall. With sleek architecture, modern design, a floating wine cellar, and spacious private rooms, you’ll enjoy a traditional steakhouse dining experience in an elevated atmosphere.

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