Sauer Brands (Falfurrias) Acquires Chicago Custom Foods (Kernel Season's)

Falfurrias Capital Partners Acquires The C.F. Sauer Company Food Business (Sauer Brands)

June 21, 2019

Food & Beverage

Charlotte-based private equity firm Falfurrias Capital Partners signed a definitive agreement to acquire the food business of Richmond-based The C.F. Sauer Company. The sale transfers the company's branded and private-label food operations (including Duke's Mayonnaise and The Spice Hunter) to the buyer — the retained real estate portfolio remains with the shareholders — and the business will be known as Sauer Brands Inc. upon closing.

Advent International Acquires Sauer Brands from Falfurrias Capital Partners

February 19, 2025

Food & Beverage

Advent International has completed its acquisition of Sauer Brands Inc., a portfolio of condiments and seasonings brands including Duke's Mayo, Kernel Season's and Mateo's Gourmet Salsa, from Falfurrias Capital Partners. As part of the close, E. Yuri Hermida was appointed CEO and the deal positions Advent to support Sauer Brands' next phase of growth across retail and away-from-home channels.

Peak Rock Capital Affiliate Acquires California Custom Fruits & Flavors (CCFF)

March 18, 2024

Food & Beverage

An affiliate of Peak Rock Capital has acquired California Custom Fruits & Flavors (CCFF); terms were not disclosed. Peak Rock will partner with CCFF's management and the Hall family (who remain investors) to accelerate growth by expanding capabilities and capacity and pursuing complementary add-on acquisitions. CCFF operates flavor and specialty ingredient manufacturing facilities in California and Indiana and supplies manufacturers and foodservice customers across dairy, bakery and beverage markets.

Sauer Brands Acquires Mateo's Gourmet Salsa

September 30, 2021

Food & Beverage

Sauer Brands Inc., a portfolio company of Falfurrias Capital Partners, has acquired Mateo's Gourmet Salsa, a leading independent shelf-stable salsa brand based in Frisco, Texas. Terms were not disclosed; the deal is an add-on to Sauer's packaged foods platform to expand into the salsa category and broaden its retail distribution.

Solina Acquires Sokol Custom Food Ingredients

February 6, 2025

Food & Beverage

Solina, a France-based global food-ingredients partner, has acquired U.S.-based Sokol Custom Food Ingredients, a Countryside, Illinois manufacturer of custom sweet and savoury sauces. The deal strengthens Solina USA's sweet-sauce capabilities, increases capacity and scale in the Midwest, and continues Solina's expansion in North America; Sokol was owned by Burlington Capital Partners prior to the sale.

CFS Brands Acquires Cornerstone Foodservice Group

December 4, 2025

Manufacturing

CFS Brands, the Oklahoma City–based foodservice products manufacturer, has acquired Cornerstone Foodservice Group (CFG), the Naperville, Illinois–headquartered owner of Spring USA, LloydPans, Equipex, Astra and Versa‑Gard. The deal brings CFG’s manufacturing footprint and complementary commercial foodservice equipment brands into CFS Brands’ portfolio to broaden product capabilities and deepen its front- and back-of-house offering.