News

NEW YORK, December 30, 2015 - The Beekman Group announced that it has opened its eleventh Ted's Cafe Escondido ("Ted's" or the "Company") restaurant in Oklahoma City, OK on the west side of the City adjacent to The Outlet Shoppes at Oklahoma City. This marks Ted's ninth restaurant in the state of Oklahoma. This Ted's Cafe Escondido opened at The Outlet Shoppes at Oklahoma City at 300 Outlet Shoppes Dr. Oklahoma City, OK. Ted's is located at west end of the shopping center in a newly constructed 6,700-square-foot space at the Northeast corner of the I-40 and Council Road interchange. 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. Ted's is thrilled to expand its fresh, delicious food, great service and family friendly atmosphere in its home City and State of Oklahoma. The Outlet Shoppes Ted's restaurant has a large dining room with a separate bar and is conveniently located next to the entire community west of Oklahoma City. While visiting, customers can enjoy watching a skilled Ted's staff member make fresh tortillas through a glass window in the kitchen. With every entree Ted's customers will indulge in its signature complimentary fresh tortilla chips, salsa and cheese dip. Ted's is planning on opening another restaurant in the Oklahoma City metropolitan area and more in the Kansas City metropolitan area during 2016. Ted's will be coming to the Village at Shoal Creek on Route 152 at Booth Avenue, near Liberty, MO. In 2016 and beyond Ted's is committed to finding more quality restaurant locations to bring its upbeat, intimate and lively ambiance, colorful decor, festive Mexican music, bright lighting, and energetic family-friendly atmosphere to people of all ages. "The Ted's guest experience sets a new standard for quality food and service in the Mexican upscale 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 further expand the Ted's experience across the region." 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 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.