The first On The Border location opened on October 29, 1982 in Dallas Texas. On March 3, 2009, the chain lost its wholly owned subsidiary designation when it was merged into Brinker International as a company brand. In 2010, Brinker International sold On the Border to Golden Gate Capital. OTB Acquisition LLC, an affiliate of Golden Gate Capital, announced that it had completed its acquisition of On The Border Mexican Grill & Cantina from Brinker International, Inc. (NYSE: EAT). On April 24, 2014, the chain was once again sold to another private equity firm by the name of Argonne Capital Group.