Tapatio Foods

Highlander Partners, the Dallas-based private investment firm, has acquired the California-based hot sauce manufacturer Tapatio Foods for an undisclosed sum. Founded in 1971 by Jose-Luis Saavedra, Tapatio Foods has remained a family-owned business for over five decades, growing from a local start-up into a leading national brand. The company, headquartered in Escondido, produces a signature salsa picante, known for its “Charro” cowboy label design. Under the terms of the transaction, the Saavedra family …