Cooleys sell stake in Slows Bar BQ

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BY JAY DAVIS

Slows Bar BQ, the celebrated restaurant that opened in Detroit’s Corktown neighborhood nearly 20 years ago, has shifted ownership to a newly formed company.

Co-founder Phil Cooley, who opened the restaurant at 2138 Michigan Ave. in 2005 with Brian Per- rone, sold his stake in the company to Slows Holdings LLC. Cooley’s brother Ryan and father Ron also sold their stakes in the business. Slows Holdings is made up of Perrone, the restaurant’s founding chef; Terry Perrone, its managing director and Brian’s brother; and catering director Josh Keillor. e deal was nalized Jan. 1, according to Terry Perrone. Terms of the deal were not disclosed.