PepsiCo Acquires Siete Foods for $1.2 Billion

PepsiCo Acquires poppi

May 19, 2025

Food & Beverage

PepsiCo has completed the acquisition of poppi, an Austin-based prebiotic soda brand, for $1.95 billion (including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion), with a performance-based earnout. The deal is intended to accelerate PepsiCo's portfolio transformation into functional and better-for-you beverages and to scale poppi's rapid consumer growth and digital engagement.

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.

Verde Valle Foods Acquires A Dozen Cousins

May 14, 2025

Food & Beverage

Verde Valle Foods, the U.S. subsidiary of family-owned Verde Valle, has acquired A Dozen Cousins, a ready-to-eat beans, rice and seasoning sauces brand. Founder and CEO Ibraheem Basir will remain as General Manager as Verde Valle looks to strengthen supply chain capabilities and expand its ready-to-eat pouch meal portfolio into the natural products channel.

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.

Apex Capital Acquires Majority Stake in Juanita's Foods

April 28, 2025

Food & Beverage

Apex Capital, a Miami-based private equity firm affiliated with Grupo Mariposa, has acquired a majority stake in Juanita's Foods, the Wilmington, California–based producer of shelf-stable Mexican food products. The De La Torre family will retain a significant ownership interest and remain involved as Apex seeks to scale the brand, drive operational improvements and expand its market reach.

Taglich Private Equity Acquires Fiesta Canning Company

June 1, 2022

Food & Beverage

Taglich Private Equity completed the acquisition of Fiesta Canning Company, a McNeal, Arizona-based processor of green chiles, salsas and sauces. Farragut Capital Partners provided subordinated debt and equity to support the transaction, which represented a family-owner exit and positions the company for growth under new PE ownership.