Del Real Foods, a Mira Loma, CA-based Hispanic refrigerated foods company, received a significant investment from Palladium Equity Partners’ affiliated private equity funds.
The amount of the deal was not disclosed.
With Palladium’s investment and partnership, the company plans to extend its reach into new geographies, broaden its distribution channels, and enter complementary new product categories.
Founded in 2002 by the Cardenas Family, Del Real manufactures a variety of heat-and-serve Hispanic food products, including Carnitas and Barbacoa, rice and bean dishes, and staples such as tamales and salsas. The company produces its products using natural ingredients without preservatives, and in small batches that mimic traditional cooking methods.
The products are primarily sold in the Western U.S., where its customers include large club stores, supermarkets, national restaurant chains, broad line foodservice distributors, delicatessens and other retail outlets.