Cholula, a Mexican producer and distributor of hot sauce, received an investment from L Catterton.
The terms of the transaction were not disclosed.
The acquisition aims to enable the company to become a global brand.
Cholula produces and provides hot sauce created from a generations-old recipe featuring selected arbol and piquin peppers and a secret blend of signature spices, offered in a wooden cap and artistic yellow label.
Its hot sauce now comes in six varieties, original, green pepper, sweet habanero, chipotle, chili lime, chili garlic, and is available in stores as well as in restaurants across the United States.
Each bottle is crafted in Jalisco, Mexico.