Industry
Food & Beverage
Target Company
Mateo’s Gourmet Salsa
Buyer/Investor
Sauer Brands
Client Description
Mateo’s was founded by Andrew Robbins in 2010 as a supplier of branded, better-for-you (BFY) gourmet salsa. Today, the company offers a diverse selection of salsas and drink mixes to the U.S. retail market. The Mateo’s recipe for success starts with all-natural and gluten-free products and adds in intense flavors, resulting in a truly unique product offering. The company’s core focus on the salsa category and high quality, proprietary recipes has proven successful; Mateo’s has grown into one of the largest independent, shelf-stable salsa brands in the U.S. and has consistently outperformed larger, well-capitalized strategic portfolios. In 2020, Mateo’s recorded phenomenal sales growth that far exceeded the industry.