Advent International Acquires Sauer Brands from Falfurrias Capital Partners

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.

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

May 5, 2020

Food & Beverage

Sauer Brands Inc., a portfolio company of Falfurrias Capital Partners, has acquired Chicago Custom Foods LLC, the maker of the Kernel Season's popcorn seasoning brand, from Highlander Partners. The deal expands Sauer Brands' branded snack and seasoning portfolio and will operate CCF as a separate business unit under existing leadership; terms were not disclosed.

Advent International Acquires Majority Stake in Siesa

December 2, 2024

Software

Advent International has acquired a majority stake in Siesa, the largest independent ERP provider in Colombia, from Siesint Holdings and former Siesa employees. The co-founder will remain a minority shareholder; Advent said it will support Siesa's next growth phase by investing in product innovation and expanding its offering across retail, hospitality and other industries.

Advent International Acquires Significant Stake in Imperial Dade from Bain Capital

May 2, 2022

Logistics & Distribution

Advent International has signed a definitive agreement to acquire a significant stake in Imperial Dade, the leading North American distributor of foodservice packaging and janitorial supplies, from Bain Capital Private Equity. Bain Capital will retain board governance and remain a significant investor alongside the Tillis family and Audax, while Imperial Dade will continue to be led by Chairman Robert Tillis and CEO Jason Tillis; financial terms were not disclosed.

Highlander Partners Acquires Tapatío Hot Sauce from Saavedra Family

January 20, 2026

Food & Beverage

Highlander Partners has acquired Tapatío, the No. 5 hot sauce brand in the U.S., from the Saavedra family with The Arnold Companies investing as a significant minority partner; the Saavedra family will retain a minority stake. J.P. Morgan led senior financing and NMP Capital provided financing and equity support. Highlander plans to use Tapatío as a platform for geographic expansion, deeper retail and foodservice penetration, and new product innovation.

Valesco Industries Leads Majority Buyout of Adams Flavors, Foods & Ingredients

March 9, 2022

Food & Beverage

On March 3, 2022 Valesco Industries (via Valesco Fund II) closed a majority buyout and control recapitalization of Central Texas Ingredients I, LLC (dba Adams Flavors, Foods & Ingredients) in Gonzales, Texas. The transaction included co-investors Brookside Capital Partners, Deason Capital, Midwest Growth Partners and CEO Daniel (Dan) Shannon; proceeds will support new private label programs and nationwide expansion of the Adams brand.