DALLAS El Fenix Corp., the 15-unit Dallas-Fort Worth Tex-Mex chain that has been family-owned since it opened in 1918, said it has retained a financial adviser to explore a possible sale or other recapitalization options.
The Martinez family has retained Southwest Securities Inc. as its financial adviser to explore a possible sale, merger or other financial move. “We’re looking at all options,” said John McBride Jr., executive vice president of El Fenix.