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OTB Hospitality Files Chapter 7 Bankruptcy Following On The Border Closures
Pappas Restaurants, Inc. expanded its portfolio in May 2025 with the acquisition of On The Border Mexican Grill & Cantina, adding another well‑known Texas brand to its family of restaurant concepts, according to an Expana report.
The deal brought On The Border under the same umbrella as Pappadeaux Seafood Kitchen, Pappasito’s Cantina and Pappas Bros. Steakhouse, among other concepts. Following the acquisition, Pappas began refreshing On The Border’s menu and operations, with an emphasis on improving food quality, strengthening execution and enhancing the overall guest experience...