date:Jul 09, 2014
Private equity firm Arbor Investments has completed the sale of its Fund I portfolio company Truco Enterprises, a producer of tortilla chips, salsa and queso, to Insignia Capital Group for an undisclosed amount.
Truco, which was founded in 1991 by David Silver and Roy Truitt, develops and markets tortilla chips, salsa and queso under the On The Border brand.
Truco's products are sold nationally through grocery retailers, club stores and mass merchandisers.
In 2004, Arbor acquired a controlli