Whataburger, the beloved burger chain with a 69-year family legacy in Texas, has sold a controlling interest in the company to Chicago-based investment banking firm BDT Capital.

The Dobson family who founded the iconic company will remain minority stakeholders and the headquarters will stay in San Antonio.

“Together, BDT and the Whataburger team will begin exploring expansion plans — while staying true to the brand it has been over the past 69 years,”