Xperience Restaurant Group Acquires The RM Restaurant Group
February 27, 2023
Xperience Restaurant Group (a portfolio company of Z Capital Partners) acquired The RM Restaurant Group, a six-unit Fort Worth, Texas restaurant group (Rio Mambo and THE RIM), with the transaction closing on February 27, 2023. XRG intends to integrate the concepts into its portfolio and expand the brands while keeping the existing leadership team intact.
- Buyers
- Xperience Restaurant Group (XRG), Z Capital Partners LLC (ZCG)
- Targets
- The RM Restaurant Group (dba Rio Mambo Tex Mex y Mas and THE RIM scratch craft)
- Sellers
- The RM Restaurant Group (Founder & President Brent Johnson)
- Platforms
- Xperience Restaurant Group (XRG)
- Industry
- Restaurants & Hospitality
- Location
- Texas, United States
- Transaction Type
- Addon
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