May 13, 2014
Ted’s Cafe Escondido Announces the Opening of its Newest Location in Del City, Oklahoma
Ted's Cafe Escondido ("Ted's" or the "Company") announced that it has opened its seventh restaurant in Del City, Oklahoma. With the opening of Del City, Ted's now has five restaurants in the Oklahoma City market and two additional restaurants in Tulsa, Oklahoma. Ted's president, Al Lejarzar, commented, "We are thrilled to bring the Ted's dining experience to the Del City community and extend our reach in the broader Oklahoma City market. We look forward to continuing to provide our guests with a high-quality food offering and exceptional guest service. Ted's is planning on opening at least two more locations in the next nine months and is looking to bring its unique guest experience to new markets in Oklahoma as well as neighboring states. "The Ted's guest experience is second to none and really sets a new standard for quality food and service in the Mexican casual dining category," commented John G. Troiano, the Managing Partner of private equity firm The Beekman Group, Ted's majority shareholder, "we look forward to supporting the Company to expand the Ted's experience across the region." For more than 20 years, Ted's has developed an excellent and well-recognized brand by providing great tasting food, made from the freshest quality ingredients, and served by well-trained, knowledgeable and enthusiastic staff. An uncompromising commitment to service is deeply engrained in Ted's culture which results in fierce guest loyalty, evidenced by consistent repeat business, frequent word-of-mouth referrals and a diverse guest base. The Company's food includes the in-house production of an assortment of fresh salsas and relish; hand-wrapped tamales; proprietary spice blends, sauces and marinades; and fresh, hot corn and flour tortillas prepared from scratch on a display griddle at the entrance to each restaurant. Ted's restaurants have an upbeat, intimate and lively ambiance, featuring colorful decorations, festive Mexican music, bright lighting, and a fun, energetic atmosphere creating a warm and inviting family-friendly environment that is welcoming to people of all ages. About The Beekman Group The Beekman Group is a leading private equity firm, based in New York, dedicated to bringing financial and operational resources to lower middle-market companies. Beekman's team consists of experienced private equity professionals, as well as a select group of Industry Partners, who are leading executives in Beekman's targeted industry segments. This Industry Partner approach to investing is the cornerstone of Beekman's investment strategy – creating value through accelerating growth in partnership with small and middle-market management teams. For more information, please visit www.thebeekmangroup.com. About Ted's Cafe Escondido Based in Oklahoma City, OK, Ted's Cafe Escondido is a full-service Mexican/Tex-Mex casual dining restaurant chain. The Company has built a loyal customer following based on its food quality, an exceptional guest experience and an outstanding value proposition. The Company operates seven restaurants in Oklahoma City, OK and Tulsa, OK. For more information, please visit www.tedscafe.com.