Sabrosura Foods, LLC, a marketer and distributor of branded Hispanic food products and a portfolio company of Centre Partners, has acquired Pancho’s Mexican Foods, Inc.
Founded in 1956, Pancho’s is a manufacturer of queso dip that is now sold in over 1,200 stores across the country. The firm brings a loyal customer base with a product that uses fresh ingredients without artificial fillers.
Pancho’s will join Sabrosura’s brand portfolio which already includes El Viajero, La Morenita, Reynaldo’s and Bio Salud!.
“We couldn’t be more excited to join the Sabrosura Foods family,” said Brenda O’Brien, president of Pancho’s Mexican Foods, Inc. “Pancho’s has been in my family for 65 years, and we have been so grateful to bring people together over delicious food.”
Cascadia Capital served as the exclusive financial advisor to Pancho’s, Dechert LLP served as the exclusive legal advisor to Sabrosura Foods and Centre Partners and Giannuzzi Lewendon served as the exclusive legal advisor to Pancho’s.