Monarca Food Solutions
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Monarca Food Solutions - overview
Established
2025
Location
Addison, TX, US
Primary Industry
Food
About
Based in the US, Monarca Authentic Snacks is a vertically integrated manufacturer of Hispanic-inspired snacks, formed by merging Benestar Brands and Palmex, producing pork rinds, tortilla chips, and snack pellets across Americas markets. Based in the US, Monarca Authentic Snacks is a vertically integrated manufacturer of Hispanic-inspired snacks, formed by merging Benestar Brands and Palmex, producing pork rinds, tortilla chips, and snack pellets across Americas markets. Based in Texas, US, founded in 2025, Monarca Food Solutions, founded through legacy snack businesses, Palmex (1980) and Evans/Mac’s (1932–1947), the company expanded via acquisitions, merged Palmex with Benestar in 2023, and rebranded as Monarca Authentic Snacks in March 2025. In December 2023, Benestar Brands, LLC, a portfolio company of Antares Capital and Highlander Partners, merged with Palmex Alimentos, S.
A. de C. V. , a portfolio company of Wind Point Partners.
The company produces crispy snacks including pork rinds, tortilla chips, snack mixes, and pellet-based ingredients. Its portfolio includes brands like Mac’s, Turkey Creek, and Chicas, while also offering private-label manufacturing and co-development services for retailers and snack companies, supported by integrated production and distribution capabilities across the Americas. Monarca Authentic Snacks generates revenue by manufacturing and selling pork rinds, tortilla chips, snack pellets, and mixes to retailers, distributors, and food companies. As a vertically integrated producer, it earns from private-label production, branded products, and ingredient supply partnerships across North, Central, and South American markets.
Merger enables scale expansion across Americas, strengthens vertical integration, enhances product innovation, and accelerates growth in Hispanic snack category through combined capabilities and distribution network.
Primary Industry
Food
Sub Industries
Food, Snack Foods
Website
www.monarcasnacks.com/
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Monarca Food Solutions - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Benestar Brands, LLC, Palmex Alimentos, S.A. de C.V. | - |
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