Centre Partners-backed Sabrosura Foods completed the acquisition of Pancho's.

Centre Partners-backed Sabrosura Foods, a marketer and distributor of branded Hispanic food products, completed the acquisition of Pancho's, a producer of food products. Financial terms were not disclosed. "Sabrosura Foods is thrilled to acquire Pancho's, further building our portfolio of Hispanic cheese products available in stores nationwide. A key pillar of Sabrosura Foods' growth strategy has always been focused on acquiring complementary product capabilities. We are proud to be able to continue Pancho's legacy and are eager to introduce Pancho's queso dip to even more consumers across the fast-growing snacking category," Jeff Caswell, Sabrosura Foods CEO.