Flagship Food Group (CREO) Acquires Majority Stake in Tortilla King

Flagship Food Group (CREO) Acquires Majority Stake in La Tortilla Factory

January 28, 2021

Food & Beverage

Flagship Food Group, a CREO Capital Partners-backed food platform, has invested in La Tortilla Factory and become the company's majority stakeholder while members of the Tamayo family remain partners. The transaction, which closed January 27, 2021, will support La Tortilla Factory's growth strategy as the brand expands its premium, better-for-you tortilla and Mexican foods offerings; terms were not disclosed.

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.

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.

Cerealto Makes Majority Investment in Fresca Foods

November 4, 2025

Food & Beverage

Spanish food manufacturer Cerealto has made a majority investment in Fresca Foods, a Colorado-based co-manufacturer of natural and organic snacks. Cerealto will hold a controlling stake while Fresca’s U.S. leadership team remains significant shareholders and continues to run day-to-day operations; the partnership establishes a substantive U.S. manufacturing presence to accelerate growth in the natural and organic snacking market.

Uncommon Brands (Crux Capital Portfolio) Acquires Fuego Tortilla Grill

February 14, 2024

Restaurants & Hospitality

Uncommon Brands, a Dallas-based restaurant holding company backed by Crux Capital, has completed the acquisition of Fuego Tortilla Grill, a Texas-based Tex‑Mex limited‑service concept. The deal adds a fast‑casual Tex‑Mex brand to Uncommon Brands' platform as it pursues accelerated unit development and operational scaling across regional markets.

CREO Group Acquires HMS Mfg. Co.

February 18, 2025

Manufacturing

CREO Group, a portfolio company of Mill Point Capital, has acquired HMS Mfg. Co., a designer and manufacturer of consumer organization products and packaging solutions. The add-on purchase expands CREO's product portfolio, customer base and geographic presence while strengthening its sustainable plastics and advanced manufacturing capabilities.