Andrew Robbins Holdings, LLC
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Andrew Robbins Holdings, LLC - overview
Established
2010
Location
Mansfield, TX, US
Primary Industry
Food
About
Andrew Robbins Holdings, LLC operates in the gourmet food sector, focusing on producing a variety of high-quality salsas and queso products that enhance the dining experience for consumers. Founded in 2010 in Mansfield, US, Andrew Robbins Holdings, LLC specializes in gourmet salsas and queso products. The company was acquired by Sauer Brands, Inc. in September 2021 to bolster their product portfolio.
The founder, Andrew Robbins, has a background in the food industry, although further details about previous ventures are not available. Mateo's Gourmet Salsa specializes in a diverse range of gourmet salsas and queso products, emphasizing fresh, high-quality ingredients and a careful blend of spices. Their core offerings include various salsa flavors such as Medium, Medium Cantina Style, Medium Salsa Verde, and Medium Hatch Chile, alongside queso varieties like Medium Salsa Con Queso and Medium Queso Blanco. These products are designed to provide restaurant-quality flavor to consumers, enhancing meals from breakfast burritos to dinner plates.
The company's target market includes salsa enthusiasts and families seeking convenient, flavorful options for meals and snacks. Mateo's products primarily cater to the North American market, with significant distribution through retailers like Costco and Walmart, ensuring accessibility to a broad customer base. The revenue model of Mateo's Gourmet Salsa is structured around retail sales primarily through grocery chains and wholesale partnerships. Transactions typically occur through bulk orders from retailers, allowing the company to reach a wide audience while maintaining product visibility on store shelves.
Customers purchase individual jars and multi-pack offerings, which provide flexibility for both consumers and retailers. The company’s flagship products, such as their Medium Gourmet Salsa and various queso options, are priced competitively to encourage repeat purchases. Additionally, Mateo's has built a loyal customer base that frequently returns to purchase their products, often leading to increased sales through word-of-mouth recommendations and gifting, particularly during holiday seasons. Following the acquisition by Sauer Brands, Inc.
in September 2021, the company will utilize this partnership to expand its product offerings and market reach. Future growth strategies may include launching new salsa and queso flavors tailored to emerging consumer preferences, as well as penetrating new geographic markets within North America. The acquisition aims to support Sauer Brands' expansion plans, aligning with their strategy to enhance their product portfolio.
Current Investors
Sauer Brands, Inc.
Primary Industry
Food
Sub Industries
Other Food Products
Website
www.mateossalsa.com
Verticals
E-commerce, Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Andrew Robbins Holdings, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Andrew Robbins Holdings, LLC | - |
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