Vilore Foods Acquires Tia Lupita Foods

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.

Tajín International Acquires Paulita's New Mexico

May 6, 2022

Food & Beverage

Tajín International has acquired Paulita's New Mexico, a Rio Rancho, New Mexico-based maker of hatch green chili sauces, seasonings and marinades. The private transaction (terms undisclosed) was advised by Corporate Finance Associates Worldwide and gives Tajín a foothold/presence in the U.S. market.

Lipari Foods Acquires Tut's International

January 13, 2021

Food & Beverage

Lipari Foods, a portfolio company of H.I.G. Capital, has acquired the assets of Tut's International Export & Import Co., Inc., a Dearborn, Michigan-based importer and distributor of Middle Eastern and Eastern European foods. The acquisition is the third add-on since H.I.G. acquired Lipari and is intended to strengthen Lipari's international specialty food division and expand its perimeter-of-the-store offering.

Tilia Holdings Acquires Caputo Cheese from Promus Equity Partners

July 17, 2025

Food & Beverage

Chicago-based private investment firm Tilia Holdings has acquired Caputo Cheese, a Melrose Park, Illinois value-added processor of high-quality Italian cheeses, from Promus Equity Partners (transaction closed June 30, 2025). Monroe Capital provided the senior credit facility and an equity co-investment to support the acquisition; Natale Caputo will continue to lead the company as Tilia looks to scale Caputo's manufacturing and national distribution capabilities.

Colavita Acquires Vitelli Foods, Owner of Luigi Vitelli

March 5, 2025

Food & Beverage

Colavita USA has acquired Vitelli Foods, the owner of the historic Luigi Vitelli brand, to expand its product portfolio in pasta and tomato categories. The purchase strengthens Colavita's position in the U.S. Italian specialty foods market and will leverage Colavita's distribution network to increase Luigi Vitelli's reach.

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.