Advent International to acquire Sauer Brands from Falfurrias Capital.

Advent International, a private equity investor, agreed to acquire Sauer Brands, a platform of leading condiments and seasonings brands, from Falfurrias Capital, a private equity firm. Financial terms were not disclosed. “I am thrilled to be joining a Company with a long history of delighting consumers with great tasting products and one-of-kind consumer favorite brands like Duke’s and Mateo’s. With their commitment to outstanding quality, the Sauer Brands team has delivered exceptional performance, and we are excited to partner with the team to support Sauer Brands’ continued growth," Todd Lachman, Sauer Brands Board Chair.