The story
Dennis Nakpil and Dennis Mariano Jr. thought of creating a restaurant that emphasizes certain Philippine traditions. Their principle was "bringing the BARRIO into the metropolis." Thus, they opened one in Quezon City in 1991. They named it Dencio's. Dencio is a Philippine variant of Dennis, the name of the two founders.
In 2004, Dencio's was purchased by Pancake House, Inc. (now Max's Group, Inc.) for ₱160 million. To buy the chain, almost all that money (₱150 million or 93.75% of the price) had to be borrowed from banks.
From Wikipedia’s article on Dencio's, shared under CC BY-SA 4.0.3
