Pancho’s Mexican Foods, Inc.
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Pancho’s Mexican Foods, Inc. - overview
Established
1956
Location
Memphis, TN, US
Primary Industry
Food
About
Pancho’s Mexican Foods, Inc. is a food manufacturing company that specializes in high-quality cheese dips, providing consumers with delicious queso options for various occasions. Founded in 1956 and headquartered in Memphis, US, Pancho’s Mexican Foods, Inc. produces a range of queso products.
The company has undergone a strategic acquisition by Sabrosura, LLC in November 2021, aimed at enhancing nationwide distribution. No information about subsidiaries or prior mergers was mentioned. The founder's specific history is not provided. Pancho's Cheese Dip specializes in producing high-quality queso using a proprietary recipe, offering three flavors: Original, White, and Chipotle Queso.
Their products, crafted from real cheese and blended with spices, cater to diverse customer segments including retail consumers and food service establishments, enhancing social gatherings and casual dining experiences. Pancho's Cheese Dip generates revenue primarily through direct sales to retail grocery chains, food service businesses, and online platforms. The company collaborates with wholesalers to distribute their queso products, focusing on bulk orders for retailers. Their pricing strategy accommodates both individual consumers and larger clients, supporting repeat purchases of their flagship offerings.
Following the acquisition by Sabrosura, LLC in November 2021, Pancho’s Mexican Foods, Inc. aims to accelerate its expansion across the mass, club, and grocery sectors nationwide. The company is expected to leverage recent funding to support this growth strategy and introduce new products, further solidifying its market presence.
Current Investors
Sabrosura, LLC
Primary Industry
Food
Sub Industries
Other Food Products, Restaurants & Nightlife
Website
www.panchoscheesedip.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Pancho’s Mexican Foods, Inc. - 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 | Pancho’s Mexican Foods, Inc. | - |
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