Utz Brands Acquires Truco Enterprises (ON THE BORDER) for $480M

Utz Brands Acquires Festida Foods for $41M

May 11, 2021

Food & Beverage

Utz Brands, Inc. agreed to acquire all assets (including Grand Rapids, Michigan real estate) of Festida Foods from Great Lakes Festida Holdings, Inc. for $41 million. The acquisition brings in Festida’s tortilla- and corn-chip manufacturing capacity to support Utz’s ON THE BORDER brand, deliver supply‑chain synergies, and expand production and geographic reach in the Midwest.

Utz Brands Acquires RW Garcia

December 6, 2021

Food & Beverage

Utz Brands, Inc. has completed the acquisition of R.W. Garcia Holdings, LLC (RW Garcia) for $56 million, funded with cash on hand and borrowings under its revolving credit facility. RW Garcia is a family-owned maker of organic, better-for-you tortilla chips, crackers and corn chips with manufacturing facilities in Nevada and North Carolina; the deal adds production capacity and complementary product capabilities to Utz's portfolio and is expected to be accretive to earnings.

Utz Brands Acquires Clem Snacks and J&D Snacks

January 24, 2022

Food & Beverage

Utz Brands, Inc. has entered into a definitive agreement for its subsidiaries to acquire the assets of two New York direct store delivery (DSD) distributors: Clem Snacks, Inc. (a Clem Companies subsidiary) and J&D Snacks, Inc. The purchases add approximately 125 DSD routes across New York City and Long Island, intended to accelerate Utz's share gains and expand its distribution and retailer support in the region; the transactions are expected to close in Q1 2022 with financial terms undisclosed.

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.

Foodtastic Acquires Quesada Burritos & Tacos

December 2, 2022

Restaurants & Hospitality

Foodtastic Inc. has entered into an agreement to acquire Quesada Burritos & Tacos, a fast-growing Canadian quick-service restaurant brand. The acquisition adds Quesada's +175 restaurants to Foodtastic's portfolio and Foodtastic plans to open about 50 new Quesada locations over the next 36 months.

Sabrosura Foods Acquires Pancho's Mexican Foods

November 16, 2021

Food & Beverage

Sabrosura Foods, a Bloomington, Minnesota-based marketer of Hispanic food brands and a portfolio company of Centre Partners, has acquired Pancho's Mexican Foods, the Memphis-origin refrigerated queso dip brand founded in 1956. The add-on expands Sabrosura's snacking and Hispanic cheese portfolio and aims to broaden Pancho's nationwide distribution across mass, club and grocery channels; terms were not disclosed.