Pappas Restaurants announced today that it has been selected as the prevailing bidder in the auction for Irving-based On The Border Mexican Grill & Cantina. The acquisition, which is subject to court approval, is anticipated to be finalized in the coming weeks.
This move will unite two prominent Texas-based restaurant brands, expanding Pappas Restaurants’ footprint in the Tex-Mex dining category. On The Border, known for its bold flavors and accessible price point, will complement Pappasito’s Cantina, which is recognized for its fresh ingredients, sizzling fajitas, hand-shaken margaritas, and vibrant atmosphere. Together, the combined brands aim to cater to a broader range of customers across a wider array of markets.
“We’re excited to welcome On The Border to the Pappas family,” stated Mike Rizzo, CEO of Pappas Restaurants. “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.”…