Real Mex Restaurants

Real Mex Restaurants is the parent company for several chains of full-service Mexican restaurants in the United States. The company is headquartered in Cypress, California and operates more than 120 full service Mexican restaurants under eight brand names.[1]

Real Mex Restaurants
IndustryRestaurant / Mexican
FoundedJanuary 1, 1954 (1954-01-01)
FounderLarry Cano
DefunctOctober 27, 2018
HeadquartersCypress, California, United States
Key people
Brian Lockwood (President, CEO)
Websitewww.realmexrestaurants.com

History

The company claims its origin to Larry Cano who, in 1954 with the opening of the first El Torito restaurant, which expanded into a chain. Another origin was the founding of Acapulco Mexican Restaurant and Cantina in 1960. In 1998, Acapulco became owned by the private equity firm Bruckmann, Rosser, Sherrill & Co.,[2] which expanded it into Real Mex Restaurants, acquiring El Torito, Chevy's Fresh Mex and other Mexican full-service chains.[3] The company's reach is now nationwide, and the company claims to be the largest Mexican restaurant chain in the United States.[4]

In October 2011, the company filed for Chapter 11 bankruptcy.[5] In February 2012, it was sold to a group of debt holders.[6] The company is now owned by an investment group that includes Z Capital Partners.[7]

Real Mex Restaurants portfolio includes: El Torito, Acapulco Mexican Restaurant and Cantina, Chevy's Fresh Mex, El Torito Grill, El Paso Cantina, Who Song and Larry's and the Southern California landmark Las Brisas of Laguna Beach.

References

  1. "Home page". Real Mex Restaurants. Retrieved October 5, 2014.
  2. Battaglia, Andy (March 13, 2000). "Acapulco restarts its engine, revs up for growth after 8 years in low gear". Nation's Restaurant News. Archived from the original on August 8, 2014. Retrieved October 5, 2014.
  3. "Real Mex Restaurants, Inc". Bloomberg Businessweek. Retrieved October 5, 2014.
  4. "About Us". Real Mex Restaurants. Retrieved October 5, 2014.
  5. Palank, Jaqueline (October 4, 2011). "Real Mex Restaurants Files for Chapter 11 Bankruptcy". The Wall Street Journal. Retrieved October 4, 2014.
  6. Darmiento, Laurence (February 8, 2012). "Real Mex Approves Sale to Debt Holders". Los Angeles Business Journal. Retrieved October 4, 2014.
  7. "Real Mex Restaurants, Inc. Company Profile". Hoovers. Retrieved October 5, 2014.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.