Rosewood Private Investments has acquired United 1 International Laboratories. United is Rosewood’s first investment in the nutritional supplement formulation and manufacturing sector.
Rosewood expects to build upon the organic growth of United by pursuing add-on acquisitions of complementary businesses. “This transaction is a great opportunity to partner with an exemplary management team and to invest in an industry that we believe can really benefit from institutional capital. With United’s great reputation in the marketplace, we can build a substantial industry player,” said Marquez Bela, a Rosewood Director.
United 1 International Laboratories is a nutritional supplement formulator and manufacturer. The company specializes in ingestible liquid and gel manufacturing but also has capabilities to produce powders and over-the-counter pharmaceuticals, as well as cosmetic lotions and creams. United produces products for branded and private label customers in the mass retail, specialty retail and direct selling distribution channels. The company is based in Carrollton, TX (www.united1labs.com).
“We are happy to partner with Rosewood as we see them as more than an investment company but a firm that takes an active interest with us in the support and growth of our customers as well as the foresight for future acquisitions for long-term success in this industry,” said Joe Cooper, United’s Founder. Mr. Cooper will stay involved with the business providing strategic direction and helping to develop new opportunities for the company.
Rosewood Private Investments invests from $5 million to $35 million in US based businesses with $20 million to $150 million in revenue and EBITDA margins of at least 10%. Sectors of interest include specialty manufacturing, value-added distribution, business and consumer services, commercial & consumer products, and media & communications. The firm is the private equity arm of The Rosewood Corporation, which is wholly owned by the Caroline Hunt Trust Estate, which was established in 1935 by Texas oil tycoon H.L. Hunt. Rosewood Private Investments is based in Dallas (www.rosewoodpi.com).
© 2014 PEPD • Private Equity’s Leading News Magazine • 2-13-14
