Scott Sellers, Managing Director of Encore Consumer Capital, said, “It has been a great pleasure for us at Encore to have partnered with the talented team at Mesa Foods. We could not be more proud of what the team has accomplished as it has continually innovated and worked collaboratively with its customers to meet their needs. The Company’s growth exceeded our expectations.”

“Encore has been a great partner over the past three years. They’ve provided strategic guidance and helped us expand our capacity and capabilities,” said Ted Longacre, CEO of Mesa. “We look forward to continuing producing high quality products for our customers as a part of the Teasdale organization.”

Lincoln International LLC provided strategic and financial advisory services to Mesa. Brownstein Hyatt Farber Schreck, LLP acted as legal counsel to Mesa in this transaction.

About Encore Consumer Capital
Encore Consumer Capital is a San Francisco-based private equity investment firm focused on the consumer products industry. The firm has raised over $600 million in committed equity capital and has invested in 24 platform companies. Encore is currently investing out of its $260 million third fund, which closed in 2015. The firm targets companies with between $10 million and $100 million in annual revenues where Encore’s strong operating expertise in strategy development, brand marketing and distribution expansion can help drive performance.

About Mesa Foods
Mesa Foods, based in Louisville, Kentucky, is a leading manufacturer of private label flour and corn tortillas, flatbreads, tacos shells, taco kits and pre-cut uncooked tortilla chips serving a long standing, multi-channel customer base across leading retail, food manufacturing, ingredient and foodservice accounts.

About Teasdale Foods
Teasdale is a leading provider of private label and branded beans, hominy, peppers, sauces, corn products and seasoning products to the retail, foodservice, wholesale, industrial and international channels. The Company sells kidney, pinto, black, chili, garbanzo, great northern and other beans to its customers in brine, bulk, sauces, and refried varieties, in dry packed canned, bags, and pouches in both conventional and organic varieties, as well as hominy, peppers, corn products, sauces and seasoning products. Brands include Teasdale®, Casa Fiesta®, Viva Mexico®, Mexene®, D.L. Jardine’s®, 7J® and Sontava!®. Teasdale services over all channels of distribution nationally and operates production facilities in Atwater (CA), Hoopeston (IL), Greeley (CO), Buda (TX) and a corporate office in Dallas (TX).