--- title: Carmichael & Russ Capital Leads Acquisition and Financing of Millie’s Haus in Tucson description: Millie's Haus image: https://carmichaelrusscap.com/hubfs/Millies-Pancake-Haus-2-7466f145.jpeg --- [Skip to content](https://carmichaelrusscap.com/blog/carmichael-russ-capital-leads-acquisition-and-financing-of-millies-haus-in-tucson#main-content) [![CR - Edited-1](https://carmichaelrusscap.com/hs-fs/hubfs/CR%20-%20Edited-1.png?width=236&height=156&name=CR%20-%20Edited-1.png)](https://carmichaelrusscap.com) - [Home](https://carmichaelrusscap.com) - [Strategies & Approach](https://carmichaelrusscap.com/strategies-approach) - [Investment Criteria](https://carmichaelrusscap.com/investment-criteria) - [Advisory](https://carmichaelrusscap.com/advisory) - [Insights/News](https://carmichaelrusscap.com/blog) - [About Us](https://carmichaelrusscap.com/about-us) - [Contact Us](https://carmichaelrusscap.com/contact-us) Open main navigation Close main navigation - [Home](https://carmichaelrusscap.com) - [Strategies & Approach](https://carmichaelrusscap.com/strategies-approach) - [Investment Criteria](https://carmichaelrusscap.com/investment-criteria) - [Advisory](https://carmichaelrusscap.com/advisory) - [Insights/News](https://carmichaelrusscap.com/blog) - [About Us](https://carmichaelrusscap.com/about-us) - [Contact Us](https://carmichaelrusscap.com/contact-us) [All posts](https://carmichaelrusscap.com/blog/all) October 1, 2025 # Carmichael & Russ Capital Leads Acquisition and Financing of Millie’s Haus in Tucson By  C & R Communications  ·  1 minute read **Tucson, AZ – May 3, 2025** — Carmichael & Russ Capital is pleased to announce its leadership in the acquisition of *Millie’s Haus*, a celebrated breakfast and lunch institution on Tucson’s east side. Known for its welcoming atmosphere and award-winning menu, Millie’s Haus has been a local favorite for over 40 years. The transaction and financing was structured by Carmichael & Russ Capital in partnership with a veteran Tucson-based operator who brings over 20 years of hospitality experience. The new ownership is committed to honoring the legacy of Millie’s while preparing the brand for its next stage of thoughtful growth. “This is more than just a transaction—it’s a partnership rooted in trust, community, and continuity,” said Noah Carmichael, Managing Partner. “We believe in backing great operators and ensuring legacy businesses like Millie’s Haus continue to thrive for years to come.” Carmichael & Russ Capital focuses on guiding strategic acquisitions that preserve brand heritage while building sustainable operational momentum. The firm's acquisition model prioritizes operator alignment and long-term community impact. The transaction was led by Managing Partner Noah Carmichael.   **About Carmichael & Russ Capital** Carmichael & Russ Capital is a private investment and advisory firm focused on legacy-driven acquisitions and partnerships with exceptional operators across the U.S. The firm brings strategic insight, financial structuring, and operational guidance to every transaction.   **About Millie’s Haus** Formerly known as Millie’s Pancake Haus, Millie’s Haus has been a beloved part of the Tucson community since 1964. Known for its welcoming atmosphere, homemade recipes, and award-winning breakfast and lunch, Millie’s has built a reputation as one of Tucson’s most cherished local dining spots. Now under new leadership, the restaurant remains committed to honoring its rich history while continuing to serve generations of families and visitors with heartwarming meals and exceptional service. 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Please review division-specific disclosures below. **About Carmichael & Russ Capital** Carmichael & Russ Capital ("C&R Capital") is a diversified financial services company with multiple operating divisions. **C&R Capital Markets** provides advisory, platform, and market access services for tokenized real-world assets. **C&R Investments** identifies and acquires controlling or significant minority positions in operating companies and real estate portfolios. These divisions operate independently but are commonly owned by Carmichael & Russ Capital. **Conflicts of Interest** Carmichael & Russ Capital and its divisions may, at times, have financial interests in companies we advise, platform, or invest in. 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Securities are offered only through official offering documents that contain material information about risks, fees, and expenses Copyright © 2026, Carmichael & Russ Capital, LLC ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "C & R Communications", "url" : "https://carmichaelrusscap.com/blog/author/c-r-communications" }, "dateModified" : "2025-10-01T15:13:41.350Z", "datePublished" : "2025-10-01T15:13:41.000Z", "headline" : "Carmichael & Russ Capital Leads Acquisition and Financing of Millie’s Haus in Tucson", "image" : [ "https://carmichaelrusscap.com/hubfs/Millies-Pancake-Haus-2-7466f145.jpeg" ], "mainEntityOfPage" : { "@id" : "https://carmichaelrusscap.com/blog/carmichael-russ-capital-leads-acquisition-and-financing-of-millies-haus-in-tucson", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://carmichaelrusscap.com/hubfs/CR%20-%20Edited-1.png" }, "name" : "Carmichael & Russ Capital, LLC" } } ``` ```json { "@context" : "http://schema.org", "@type" : "Article", "author" : { "@type" : "Person", "name" : [ "C & R Communications" ] }, "datePublished" : "2025-10-01T15:13:41+0000", "description" : "Millie's Haus", "headline" : "Carmichael & Russ Capital Leads Acquisition and Financing of Millie’s Haus in Tucson", "image" : "https://244000318.fs1.hubspotusercontent-na2.net/hubfs/244000318/Millies-Pancake-Haus-2-7466f145.jpeg", "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://244000318.fs1.hubspotusercontent-na2.net/hubfs/244000318/CR%20-%20Edited-1.png" }, "name" : "" }, "url" : "https://carmichaelrusscap.com/blog/carmichael-russ-capital-leads-acquisition-and-financing-of-millies-haus-in-tucson" } ```