US-based family-owned business Pappas Restaurants has emerged as leading bidder in the auction for On The Border Mexican Grill & Cantina, in a move that is set to expand its national footprint.
The acquisition, pending court approval, is expected to be finalised in spring 2025.
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Founded in Dallas in 1982, On The Border Mexican Grill & Cantina has been serving Border-style Tex-Mex cuisine for more than forty years.
At its peak, On The Border operated more than 150 locations across the US and internationally.
On the Border currently operates 60 company-owned restaurants across 18 states and has 20 franchised locations in the US and South Korea.
Pappas Restaurants is a family-owned and operated restaurant group based in Houston, Texas. Its portfolio contains Pappadeaux Seafood Kitchen, Pappasito’s Cantina, Pappas Bar-B-Q and Pappas Bros Steakhouse.
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By GlobalDataPappas Restaurants CEO Mike Rizzo stated: “We’re excited to welcome On The Border to the Pappas family. On The Border is a brand with deep heritage and loyal guests, and we see tremendous opportunity to invest in its future. Our shared Texas roots and passion for hospitality make this a natural fit.”
On The Border is known for its bold flavours and affordability, which aligns with Pappasito’s Cantina’s reputation for fresh ingredients and a lively atmosphere.
This synergy will enable Pappas Restaurants to cater to a broader audience across more markets.
Pappas Restaurants plans to refine On The Border’s menu, enhance operations and elevate the guest experience.
Pappas Restaurants co-owner Chris Pappas added: “On The Border has always stood out for its energy and bold flavours — it’s a brand we’ve known and respected for years. This gives us the chance to bring our passion for Tex-Mex to more guests, and we’re excited to build on what makes both brands special.”
