IN THE NEWS

Lion’s Choice Opens in Rock Hill

SAINT LOUIS (May 16, 2016): Rock Hill residents are now able to get a famous Lion’s Choice roast beef sandwich in their neighborhood. The Saint Louis-based quick-service chain, renowned for its thinly shaved roast beef sandwiches, recently opened its newest location in Rock Hill, Missouri. On Friday, May 20, Lion’s Choice will celebrate the opening […]

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Hardin Industries Acquired By Private Equity Firm

Posted on August 23, 2016 Hardin Industries, the Lacon, Ill.-based manufacturer of custom generator set enclosures, fuel tanks and trailers, has been acquired by private equity firm Millstone Capital Advisors. Founder Dale Hardin will continue with the company as president, working alongside Becki Salmon who has joined the company as Chief Financial Officer. Financial terms […]

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Lion’s Choice is coming back to Wentzville!

Lion’s Choice is coming back to Wentzville! Posted on Friday, April 15, 2016 at 9:13 am Lion’s Choice, the Saint Louis-based quick-service restaurant chain famous for its mouthwatering roast beef sandwiches, continues its expansion by re-opening its former location in Wentzville, MO. The store, on 901 West Pearce Blvd, was formerly operated by a franchise […]

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Millstone Launches Second Middle Market Fund

Jan 29, 2016, 5:00am CST    Bob Millstone and his team at private equity firm Millstone Capital Advisors have launched a second fund aimed at investing in or acquiring middle-market companies. Millstone already has raised more than $6 million of a planned $30 million offering for FSM Fund II LP, according to a filing with the […]

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After a Ten Year Hiatus, Lion’s Choice Opens in Ellisville with New Look

Posted By Emily McCarter on Wed, Jul 22, 2015 at 11:49 AM With modern finishes, high ceilings, a redesigned layout, multiple televisions and accessible USB charging ports, Lion’s Choice is catching up with the times. The locally based fast-food chain hadn’t opened a new location in over a decade, until the new location at 3048 […]

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Lion’s Choice coming to Ellisville

Ellisville store will feature a new design, marks the first restaurant to be opened under the new ownership group St. LOUIS (Feb. 2, 2015): Soon Ellisville residents will be able to get a famous Lion’s Choice roast beef sandwich in their neighborhood. The Saint Louis-based quick-service restaurant chain, renowned for its high-quality roast beef, will […]

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Lion’s Choice restaurant chain now looks to grow

February 01, 2015 12:07 am  •  By Lisa Brown  •  lbrown@post-dispatch.com  •  314-340-8127 After buying the Lion’s Choice restaurant chain, Bob Millstone kept hearing the same thing from long-standing fans of the homegrown roast beef chain. They didn’t want anything to change at the restaurants known for mini cones, horseradish sauce, and cooked-to-order meat. Millstone, a […]

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Millstone Looks To Build Acquisition Pipeline

May 30, 2014 12:15 am  •  By Lisa Brown  •  lbrown@post-dispatch.com  •  314-340-8127 Following Robert Millstone’s launch of Millstone Capital Advisors in April 2013, a fund managed by the private equity firm acquired the Lion’s Choice restaurant chain. Now Millstone, an attorney and real estate developer, is evaluating multiple businesses to invest in both locally and nationally, as Clayton-based Millstone […]

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St. Louis-based Private Equity Groups Announce Purchase of Lion’s Choice Restaurant Chain

Management Team includes former Lion’s Choice Executive and Principals from St. Louis-based Millstone Capital Advisors

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Flegel, Millstone, Saitz launch investment fund

Three St. Louis businessmen are putting together a $30 million private equity investment fund and have raised $12.9 million so far.

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