CHICAGO, Oct. 1, 2021 /PRNewswire/ — Brown Gibbons Lang & Company (BGL), a number one impartial funding financial institution and monetary advisory agency, is happy to announce the sale of Mateo’s Gourmet Salsa (Mateo’s) to Sauer Brands, a portfolio firm of Falfurrias Capital. BGL’s Food & Beverage investment banking team served as the unique monetary advisor to Mateo’s within the transaction, which furthers BGL’s experience inside branded specialty meals and the broader client packaged items sector. The particular phrases of the transaction have been not disclosed.

Mateo’s was based by Andrew Robbins in 2010 as a provider of branded, better-for-you (BFY) connoisseur salsa. Immediately, the corporate affords a various collection of salsas and drink mixes to the U.S. retail market. The Mateo’s recipe for fulfillment begins with all-natural and gluten-free merchandise and provides in intense flavors, leading to a very distinctive product providing. The corporate’s core deal with the salsa class and prime quality, proprietary recipes has confirmed profitable; Mateo’s has grown into one of many largest impartial, shelf-stable salsa manufacturers within the U.S. and constantly outperformed bigger, well-capitalized strategic portfolios. In 2020, Mateo’s recorded phenomenal gross sales progress that far exceeded the business.

“I couldn’t be happier with the end result of this transaction,” stated Robbins. “The BGL staff did an impressive job understanding, positioning, and speaking the Mateo’s model to the market. Their robust relationships inside the related purchaser universe – together with their custom-made course of – yielded the optimum outcome for me and my household. I thank them for all they’ve performed.”

BGL’s Meals & Beverage staff, led by Daniel J. Gomez, has deep sector data and intensive transaction expertise representing corporations throughout your complete meals and beverage panorama. Protection consists of retail of each branded and personal label merchandise, international provide chain sourcing, processing, distribution, and wholesale.

About Brown Gibbons Lang & Firm

Brown Gibbons Lang & Firm (BGL) is a number one impartial funding financial institution and monetary advisory agency centered on the worldwide center market. The agency advises personal and public companies and personal fairness teams on mergers and acquisitions, capital markets, monetary restructurings, valuations and opinions, and different strategic issues. BGL has funding banking places of work in Chicago, Cleveland, and Philadelphia, and actual property places of work in Chicago, Cleveland, and San Antonio. The agency can also be a founding member of International M&A Companions, enabling BGL to service purchasers in additional than 30 international locations around the globe. Securities transactions are carried out via Brown, Gibbons, Lang & Firm Securities, Inc., an affiliate of Brown Gibbons Lang & Firm LLC and a registered broker-dealer and member of FINRA and SIPC. For extra data, please go to

SOURCE Brown Gibbons Lang & Firm

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