Real Mex Restaurants
| Industry | Restaurant / Mexican |
|---|---|
| Founded | January 1, 1954[citation needed] |
| Founder | Larry Cano |
| Defunct | October 27, 2018 |
| Headquarters | Cypress, California, United States |
| Key people | Brian Lockwood (President, CEO) |
| Website | www |
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]
History
[edit]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 Paso Cantina, Who Song and Larry's and the Southern California landmark Las Brisas of Laguna Beach.
References
[edit]- ↑ "Home page". Real Mex Restaurants. Archived from the original on March 14, 2014. Retrieved October 5, 2014.
- ↑ 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 – via HighBeam Research.
- ↑ "Real Mex Restaurants, Inc". Bloomberg Businessweek. Archived from the original on March 18, 2009. Retrieved October 5, 2014.
- ↑ "About Us". Real Mex Restaurants. Archived from the original on October 6, 2014. Retrieved October 5, 2014.
- ↑ Palank, Jaqueline (October 4, 2011). "Real Mex Restaurants Files for Chapter 11 Bankruptcy". The Wall Street Journal. Retrieved October 4, 2014.
- ↑ Darmiento, Laurence (February 8, 2012). "Real Mex Approves Sale to Debt Holders". Los Angeles Business Journal. Retrieved October 4, 2014.
- ↑ "Real Mex Restaurants, Inc. Company Profile". Hoovers. Retrieved October 5, 2014.
