Highlander Partners, L.P., a middle market private investment firm based in Dallas, announced the sale of Chicago Custom Foods, LLC, a manufacturer and distributor of branded seasonings, to Sauer Brands, Inc., a portfolio company of Falfurrias Capital Partners.

CCF was founded in 2000 and is headquartered in Chicago. CCF is the creator and category leader in branded popcorn seasonings under the Kernel Season's brand name. The Kernel Season's product portfolio includes more than twenty popcorn flavors, ranging from simple butter and white cheddar to garlic parmesan and cheesy caramel corn, as well as popcorn oils and drizzles.

During Highlander's ownership, CCF has introduced additional brands; including Tasty Shakes oatmeal mix-ins, Veggie Season's vegetable seasonings and the recently introduced premium Truffle Season's popcorn seasonings. The company's products are sold in more than 22,000 retailers, including mass merchants, grocery and specialty stores, throughout North America and internationally. The products also can be found in movie theaters in more than 30 countries worldwide, accounting for over 32,000 screens.

BlackArch Partners served as the exclusive financial advisor to CCF in connection with this transaction and Katten served as legal advisor.