CYPRESS, Calif.–(BUSINESS WIRE)–Xperience Restaurant Group(“XRG”), one of the nation’s leading operators of casual, polished casual, and fine dining Mexican restaurants, today announced its expansion into the Lone Star state with the acquisition of Texas-based Rio Mambo Tex Mex y Masand THE RIM scratch craft eatsfrom RM Restaurant Group (“RMRG”). Known for concepts such as SOL Mexican Cocina, Solita Tacos & Margaritas, the iconic Las Brisas, and its longest running brand, El Torito, XRG is continuing to thoughtfully expand its national presence of best-in-class concepts following a successful 2022, during which it opened new locations in Long Beach, Irvine, Chicago, Anaheim, Las Vegas, and Orlando.
“We are honored to welcome founder, Brent Johnson, and the Johnson family to our family of restauranteurs,” said Randy Sharpe, CEO of XRG. “We look forward to continuing the rich legacy of the Rio Mambo and THE RIM restaurants and remaining highly engaged members of the communities in which they operate.”
With locations in Fort Worth, Colleyville, Burleson, and Weatherford, Texas, Rio Mambo Tex Mex y Mas provides a distinctive Tex-Mex menu and blended margaritas in a contemporary and relaxed atmosphere. Known for offering a variety of Tex-Mex dishes, including gluten-free and low-fat options as well as its traditional Tex-Mex fare with a flair, Rio Mambo Tex Mex y Mas is committed to providing guests with quality service and building relationships with the communities it serves.
With locations in Fort Worth and Burleson, Texas, THE RIM scratch craft eats serves American retro food “with soul and a side of vibe.” Impressing guests with homestyle-inspired eats and Texas-sized entrees, the concept is characterized by an eclectic interior with an elevated homestyle fare. The restaurants are known for a selection of craft brews served in a hip sports environment. THE RIM scratch craft eats is committed to serving high-quality meats, produce, aged cheeses, and fresh herbs and spices.
All locations operate in upscale, mixed-use, or new urban developments, and feature fully remodeled, vibrant, contemporary build-outs.
“Xperience Restaurant Group is the right fit for us to continue our commitment to quality food and drinks,” said Brent Johnson, founder of RMRG. “Building and operating these restaurants has been a passion of mine for over 22 years and Randy Sharpe and his team share in my passion and are the right partners to keep the restaurants thriving.”
The acquisition of Rio Mambo Tex Mex y Mas and THE RIM scratch craft eats will add six restaurant locations to XRG’s casual and fine dining culinary roster. In addition, XRG will continue its expansion to the east coast later this year with the opening of SOL Mexican Cocina locations in New York City and Boston. In addition to the six new locations acquired, XRG operates 68 restaurants throughout the United States, which includes its core and signature brands: El Torito, El Torito Grill, Chevys Fresh Mex, SOL Mexican Cocina, Solita Tacos & Margaritas, Acapulco, Las Brisas, Sinigual, and Who Song & Larry’s.
XRG has become synonymous with being the best-in-category with accolades including Best Mexican Restaurants by multiple national and well-respected industry outlets. For more information, please visit www.xperiencerg.com
About Xperience Restaurant Group
Xperience Restaurant Group (XRG) is a leading casual and fine dining operator having iconic brands that serve unique experiences, great food, and unparalleled beverage offerings. Through its bold leadership, innovation, and brand development, XRG has transformed the U.S. Mexican dining landscape with its origination of Taco Tuesday, tableside presentations, and pioneering cocktail program. For over 65 years XRG’s brands have become synonymous with being the best-in-category with recent accolades including Best Mexican Restaurants, Best Taco Tuesday, and Best Happy Hours in various media outlets throughout the country. XRG currently operates 68 restaurants including El Torito, El Torito Grill, Chevys Fresh Mex, SOL Mexican Cocina, Solita Tacos & Margaritas, Acapulco, Las Brisas, Sinigual, and Who Song & Larry’s.
About RM Restaurant Group
RMRG has operated a collection of six Tex Mex restaurants, across two restaurant concepts, in Fort Worth, TX and surrounding areas. RMRG is engaged in their communities and sponsors many community organizations. RMRG has retained a long-standing reputation and commitment to high standards and has developed a loyal customer base across multiple locations.
Rio Mambo Tex Mex y Mas has four locations in Fort Worth, Colleyville, Burleson and Weatherford, TX. For more information, please visit www.riomambo.com
THE RIM scratch craft eats has two locations in Fort Worth and Burleson, TX. For more information, please visit www.therimrestaurant.com
XRG is a portfolio company of Z Capital Partners, L.L.C., the private equity fund management arm of Z Capital Group, L.L.C. (“ZCG”). ZCG is a leading, privately held merchant bank comprised of private markets asset management, business consulting services, technology development and solutions. ZCG has a global team comprised of over 400 professionals. (www.zcg.com)