Fried chicken restaurant Tumble 22 taking over old Magnolia Cafe space
Get ready to see more Tumble 22 locations in Austin and beyond.
Restaurant investors Bruckmann, Rosser, Sherrill & Co. (BRS) and Rosser Capital Partners have purchased the company founded as a food trailer by Austin restauranteurs Larry Foles, Guy Villavaso and Salty Sow chef-partner Harold Marmulstein in 2017, according to a news release from the new owners.
More:Popular fried chicken truck Tumble 22 opening restaurant in North Austin
Foles, who would not disclose the terms of the deal, told the American-Statesman that he and his partners will be investors in the new ownership group but sold in order to spend more time with their other restaurants, such as ATX Cocina, which they opened with chef-partner Kevin Taylor in 2017; Red Ash, their pasta-and-steak restaurant partnership with chef-owner John Carver; and their latest, modern Mexican restaurant Bulevar.
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Former Texas Roadhouse COO Doug Thompson will serve as the CEO for the new ownership group, which plans to expand beyond the current five locations in the Austin area, according to industry outlet Restaurant Business. The New York-based BSR and Connecticut-based RCP portfolios have included California Pizza Kitchen, Logan’s Roadhouse, Golden Corral and Au Bon Pain.
