PepsiCo Completes Acquisition of Siete Foods (Garza Food Ventures LLC) for $1.2 Billion

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.

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.

PepsiCo Acquires poppi

May 19, 2025

Food & Beverage

PepsiCo has closed its acquisition of poppi, the prebiotic soda brand, for $1.95 billion (including $300 million of anticipated cash tax benefits), for a net purchase price of $1.65 billion. The deal also includes a performance-based earnout contingent on achieving certain performance metrics.

McCormick & Co. to Acquire Additional 25% Stake in McCormick de Mexico JV for $750M

August 22, 2025

Food & Beverage

McCormick & Co. plans to acquire an additional 25% ownership interest in McCormick de Mexico from joint venture partner Grupo Herdez for $750 million, raising its stake to 75%. The deal is expected to create more growth opportunities in Mexico and serve as a platform for further expansion across Latin America.

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.