Sabrosura Foods Acquires Pancho's Mexican Foods

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.

C.H. Guenther & Son Acquires Fresca Mexican Foods

June 23, 2025

Food & Beverage

San Antonio-headquartered C.H. Guenther & Son (CHG), a Pritzker Private Capital-backed food manufacturer, has acquired Fresca Mexican Foods, a Caldwell, Idaho-based producer of flour and corn tortillas and tortilla chips. The acquisition expands CHG's tortilla manufacturing capacity, adds Fresca's 190,000 sq. ft. facility and ~375 employees, and deepens CHG's relationships with QSR, foodservice and private-label customers.

Forward Consumer Partners Acquires 50% Stake in Xochitl

May 21, 2024

Consumer Products

Forward Consumer Partners has acquired a 50% ownership stake in Xochitl, the heritage tortilla chip and salsa brand founded by Carlos Salinas. Salinas will retain a 50% interest and Forward plans to support the brand's next phase of growth and capability expansion, with Matt Leeds becoming Chairman of Xochitl.

Utz Brands Acquires Truco Enterprises (ON THE BORDER) for $480M

November 12, 2020

Food & Beverage

Utz Brands (NYSE: UTZ) agreed to acquire Truco Enterprises, the maker of On The Border tortilla chips, salsa and queso, from Insignia Capital Group for approximately $480 million in cash. The transaction closed in December 2020; Utz expects to leverage its direct-store-delivery network and broader capabilities to expand the On The Border brand into new markets.

Flagship Food Group (with CREO Capital) Acquires Yucatan Foods

February 8, 2023

Food & Beverage

Flagship Food Group, with co-investor CREO Capital Partners, has acquired Yucatan Foods, adding the Yucatan and Cabo Fresh guacamole and dips brands and a 97,000 sq. ft. manufacturing facility in Silao, Mexico to its portfolio. The deal expands Flagship's refrigerated/deli/produce offerings, strengthens its Hispanic and Southwestern product set, and supports vertical integration and cross-promotional opportunities with its existing brands.

Saco Foods Acquires Solo Foods from Sokol & Company

January 24, 2024

Food & Beverage

Saco Foods Holdings, a branded food company and platform backed by private equity, has acquired Solo Foods LLC from Chicago-based Sokol & Company. The tuck-in add-on expands Saco's center-store baking portfolio (cake and pastry fillings, marzipan and almond paste) and will leverage Saco's shared services, retail placement and e-commerce channels to grow the Solo brand.