Insignia Sells Chip Maker to Utz

Insignia Sells Chip Maker to Utz

Insignia Capital Group has agreed to sell Truco Enterprises to publicly traded Utz Brands for $480 million. Insignia acquired Truco in June 2014 from Arbor Investments which had purchased the company in 2004. Truco Enterprises is an asset-light developer and marketer of tortilla chips, salsa, and queso under the On The Border (OTB) brand. Truco’s […]

Blue Point’s Italian Rose Buys La Mexicana

Blue Point’s Italian Rose Buys La Mexicana

Italian Rose Gourmet Products, a portfolio company of Blue Point Capital Partners, has acquired La Mexicana Food Products. La Mexicana Food Products is a maker of refrigerated salsa. The company’s salsa producing operations began in 1982 and use only fresh vegetables – none of the company’s salsa ingredients are cooked, canned, dehydrated, or frozen. The […]