Acquiring Company
Pappas Restaurants
Acquired Company
On The Border Mexican Grill & Cantina
HoustonDallasFood and BeverageHospitalityFood and BeverageHospitalityDescription
Pappas Restaurants Inc. has acquired On the Border Mexican Grill, a notable Tex-Mex dining chain. The acquisition was announced on May 1, 2026, following its closure in Fayetteville after May 15. Pappas Restaurants aims to honor On the Border's rich heritage while continuing to evolve the brand. This merger brings together two Texas-born restaurant brands under one family.
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Who to call at Pappas Restaurants, and when
When Pappas Restaurants changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired On The Border Mexican Grill & Cantina?
On The Border Mexican Grill & Cantina was acquired by Pappas Restaurants, based in Houston. The deal was reported on May 1, 2026. Pappas Restaurants is a family-owned and operated restaurant group with a portfolio of iconic brands. Pappas Restaurants is privately held and operates in Food and Beverage.
When did Pappas Restaurants acquire On The Border Mexican Grill & Cantina?
Pappas Restaurants's acquisition of On The Border Mexican Grill & Cantina was reported on May 1, 2026. Pappas Restaurants Inc. has acquired On the Border Mexican Grill, a notable Tex-Mex dining chain. The acquisition was announced on May 1, 2026, following its closure in Fayetteville after May 15. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does On The Border Mexican Grill & Cantina do?
Founded in 1982, On The Border Mexican Grill & Cantina is the world's largest Mexican casual dining brand. On The Border is known for its sizzling mesquite-grilled fajitas, award-winning margaritas, house-made salsa, and endless chips and salsa. It is privately held, operating in Food and Beverage, and is based in Dallas.
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