Taglich Private Equity Acquires Fiesta Canning Company

PNC Riverarch-backed Chef Merito Invests in La Fiesta Food Products

August 10, 2023

Food & Beverage

PNC Riverarch Capital’s portfolio company Chef Merito Seasonings has completed an investment and merger with La Fiesta Food Products, a La Mirada, California-based provider of spices, chiles, herbs and related Hispanic food products. The combined business will leverage La Fiesta’s direct store delivery network and Chef Merito’s brand portfolio to expand geographic reach, broaden product selection, and create a leading platform in the Hispanic seasonings market.

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.

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.

Consortium Led by Midwest Growth Partners and Farragut Invests in Catalina Finer Foods

February 24, 2022

Food & Beverage

Midwest Growth Partners, alongside Farragut Capital Partners, Spring Capital Partners, Gemini Investors, Lake Country Capital, SharpVue Capital and Promise Holdings, provided subordinated debt and preferred equity to Catalina Finer Foods, a Tampa-based manufacturer of frozen Cuban and Caribbean foods. The financing (which included Spring Capital's $4.4M subordinated debt and $1.9M equity) supports a succession plan with second-generation owner Justo Cepero and funds future organic growth and bolt-on acquisitions; Cadence Bank provided senior financing.

Authentic Restaurant Brands / Garnett Station Partners Acquires Fiesta Restaurant Group (Pollo Tropical)

November 16, 2023

Restaurants & Hospitality

Authentic Restaurant Brands (an ARB platform backed by Garnett Station Partners) completed a take-private acquisition of Fiesta Restaurant Group, Inc., the parent of the Pollo Tropical restaurant brand, in an all-cash transaction valued at $8.50 per share. The deal (supported by a $115 million senior secured credit facility provided by Comvest Credit Partners) brings Pollo Tropical into ARB's portfolio to expand and strengthen its regional restaurant platform.

PepsiCo Acquires Siete Foods for $1.2 Billion

January 17, 2025

Food & Beverage

PepsiCo has completed the acquisition of Garza Food Ventures LLC (dba Siete Foods) for $1.2 billion. The deal brings the Austin-based, Mexican‑American better‑for‑you food brand (available in over 40,000 retailers) into PepsiCo’s portfolio to expand its offerings in healthier and ethnic snack and meal categories.