TX Distributor Mama Lycha Foods Privately Acquired - Modern Distribution Management

TX Distributor Mama Lycha Foods Privately Acquired

Houston-based Mama Lycha is a supplier of branded Latin American food and beverage products, with facilities in the U.S. and Central America.
Mama Lycha Logo

Rotunda Capital Partners invested in Mama Lycha Foods, in collaboration with the Padilla family.

Terms of the transaction were not disclosed.

Houston-based Mama Lyncha is a supplier of branded Latin American food and beverage products. The company produces and distributes over 600 SKUs, serving more than 750 retail grocery customers and over 150 regional distributor partners across 37 U.S. states and four Canadian provinces. The company has additional facilities in Grand Prairie, TX and Central America.

“After an exhaustive search, it was clear that Rotunda was the right partner as we begin this next phase of accelerated growth,” Mama Lycha Founders Luis and Maria Padilla said in a Sept. 10 news release. “Rotunda truly understands our capital needs, our culture and our commitment to supporting our team, brands and customers.”

The Padilla family — including the current General Director Maria Padilla-Gonzalez — will remain involved in the business and support the next generation of leadership.

“This transaction further exemplifies Rotunda’s deep experience investing in founder and family-owned businesses and highlights our continued interest in attractive investments in the food and beverage distribution sectors that we believe could benefit from our ability to drive rapid growth and expansion,” Rotunda Managing Partner Corey Whisner said.

As part of the transaction, Luis Marconi — a long-time executive partner at Rotunda — will take on the role of Executive Chairman of the company’s board.

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