Teasdale Foods acquired flatbread producer Mesa

Teasdale Foods announced that it has acquired the producer of private label tortillas, flatbreads, taco shells, taco kits and chips Mesa Foods, which is based in Louisville, Kentucky. The terms of the acquisition were not disclosed. 

Teasdale, which is majority owned by private equity firm Snow Phipps Group, is a leading national provider of private label and branded Hispanic foods to the retail, food service and wholesale channels.

Mesa has successfully grown by partnering with customers and producing a wide array of high quality, innovative and versatile products for the Hispanic foods market.

The acquisition of Mesa further enhances Teasdale’s national footprint in the Hispanic foods category. In combination with Teasdale’s offerings in beans, hominy, salsa, hot sauces and now tortillas, taco shells and flatbreads, the firm is able to offer a one-stop shop of high quality Hispanic inspired food products across the country.

“We are excited to welcome Mesa into the Teasdale family,” said Chris Kiser, Teasdale’s CEO. “Mesa adds tortillas to our portfolio, which are a core part of Hispanic snacking favorites such as quesadillas, wraps, fajitas, burritos and enchiladas.  Teasdale offers all the product categories necessary to help bring the best of Hispanic food to consumers.”  

Mesa Foods will continue to operate as a division of Teasdale Foods with the existing management team continuing on with the business.

The transaction furthers advances Snow Phipps’ strategy of building a comprehensive Hispanic foods platform diversified across product, customer, channel and geographic exposure.  With the acquisition of Mesa, Teasdale is able to provide an entire suite of private label and branded Hispanic food products to a diverse customer base across a variety of channels including retail, food service, restaurants and wholesale.

“We are pleased to have executed on a number of Teasdale’s unique growth opportunities and look forward to our continued expansion,” said Peter Shea, Teasdale’s chairman and Snow Phipps’ operating partner.

Mesa is the third follow-on acquisition that Snow Phipps has completed in partnership with the management team since Teasdale was acquired in October 2014.  In 2015, Teasdale acquired Jardine’s Foods and Teasdale acquired Casa Fiesta.