Hispanica International Delights of America, Inc. (HISP)

Hispanica International Delights of America, Inc. Closed the Acquisition of Energy Source Distribution, Inc., Which Generated Nearly $3 Million in Revenue in 2015, in an All Cash Transaction

LogoHispanica International Delights of America, Inc. (OTC:HISP), a diversified food and beverage company in the Hispanic and ethnic food industry, announced today the closing of the acquisition of Energy Source Distribution, Inc. (ESD). ESD is a direct store beverage distributor in the San Jose, CA and Northern California Region. ESD generated nearly $3 million dollars in revenues in 2015 and is a strong player in the Energy drinks, Iced Teas, Lemonade, Water, and Craft Beers which have been the leading growth drivers for this successful distribution business. ESD is located in a 15,000 sq. ft. warehouse in Gilroy, CA allowing Hispanica Delights to have a centrally located hub in the important Northern California Region.

Hispanica International Delights of America, Inc. Is Now Well Funded with the Closing of $7.5 Million Credit Facility for Acquisitions and Growth

LogoHispanica International Delights of America, Inc. (OTC:HISP), a diversified food and beverage distribution company in the Hispanic and ethnic food industry, announced today that it has closed on a $7.5 million credit facility with TCA Global Credit Master Fund, LP ("TCA").