Who owns On the Border Mexican Grill? This question has intrigued many food enthusiasts and curious minds. On the Border, a renowned Mexican grill chain, has become a staple in the fast-casual dining scene, offering a variety of flavorful dishes. Understanding the ownership behind this successful brand is crucial in unraveling its story and growth over the years.
On the Border Mexican Grill, founded in 1984, has grown from a single location in San Antonio, Texas, to over 200 locations across the United States. The brand has gained popularity for its vibrant atmosphere, authentic Mexican cuisine, and friendly service. But who is responsible for this thriving business?
The original founders of On the Border were Bill Rawls, a Texas entrepreneur, and his partner, Bob Bogle. The two men had a vision to bring a taste of Mexico to the American palate, and their passion for Mexican cuisine laid the foundation for the brand. Over the years, the ownership of On the Border has changed hands several times, reflecting the evolution of the company.
In 1996, On the Border was acquired by a private equity firm, Texas Pacific Group (TPG). This move provided the company with the capital and strategic expertise needed to expand its presence in the market. Under TPG’s ownership, On the Border experienced significant growth, both in terms of locations and revenue.
In 2006, On the Border was purchased by another private equity firm, Sun Capital Partners. Sun Capital’s acquisition aimed to enhance the brand’s operational efficiency and improve its competitive position in the fast-casual dining industry. During this period, On the Border continued to expand its menu and enhance its customer experience.
In 2013, On the Border was acquired by a group of investors led by the CEO, John Cappasola. Cappasola, a seasoned restaurateur, brought a wealth of experience to the table and aimed to revitalize the brand. Under his leadership, On the Border has focused on reinventing its menu, enhancing its guest experience, and expanding its digital presence.
Today, On the Border Mexican Grill is owned by Cappasola and his team of investors. Their commitment to quality, innovation, and customer satisfaction has allowed the brand to thrive in a highly competitive market. As the company continues to evolve, its ownership remains dedicated to preserving the authentic Mexican spirit that made On the Border a household name.
In conclusion, the ownership of On the Border Mexican Grill has undergone several transformations since its inception. From the original founders to the current group of investors, each owner has contributed to the brand’s growth and success. As the company continues to evolve, its ownership remains focused on delivering an exceptional dining experience that celebrates the rich flavors of Mexico.
