Rosewood Private Investments Announces Majority Investment in ProTec Laboratory

Rosewood Private Investments (“RPI” or “Rosewood”) has announced a majority equity investment in ProTec Laboratory (“ProTec”).

November 15, 2017

2 Min Read
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Press Release

Rosewood Private Investments (“RPI” or “Rosewood”) has announced a majority equity investment in ProTec Laboratory (“ProTec”). ProTec is a leading provider of contract manufacturing services to consumer brands in the dietary supplements, sports nutrition, functional foods, and pet care products industries.

The investment in ProTec represents the third within RPIrsquo;s holding company, International Nutrition & Wellness Holdings (“INW Holdings” or “INW”), and the second this year under INW Holdings CEO Paul Richardson. In July, INW acquired Irving, Texas-based contract manufacturer, Healthy Natural, Inc. (“Healthy Natural”), from Rice-Bran Technologies. INW also holds an ownership stake in United I International Laboratories (“United I”), a Carrollton, Texas-based manufacturer of dietary supplements, sports nutrition and personal care products. Together the companies offer an array of manufacturing capabilities and serve a diverse customer base on a global scale.

“With Rosewood’s support we have been able to invest heavily in this category, beginning with United I,” said Mr. Richardson. “The recent integration of Healthy Natural has created meaningful value for us and more importantly, for our customers. By bringing ProTec into the fold, we’ve created a significant platform of scale with enormous potential. Today, the combined businesses serve well over 100 customers in over 60 markets globally, and we plan to grow far beyond that by focusing on our centers of excellence as well as through select strategic acquisitions.”

Sarah and Sail Ricks, founders of ProTec, commented, “We are thrilled with the partnership and are excited about the opportunities to come. This investment will enable a 100,000-square foot expansion and allow us to make significant enhancements through technology and greater automation. Partnering with Rosewood and INW gives us the ability to rapidly expand our product portfolio and better serve our customers.”

ProTec was advised by Munsch Hardt Kopf & Harr, P.C., and Alantra Partners, S.A. served as the company’s sell-side advisor. Rosewood companies received legal representation from Gardere Wynne Sewell LLP. Financial terms of the transaction were not disclosed.

About ProTec Laboratory

Based in Quitman, Texas, ProTec is a leading provider of contract manufacturing services to consumer brands in the dietary supplements, sports nutrition, functional foods, pet care products, and related industries. ProTec’s production capabilities include the development, manufacture, and filling of powder, liquid, tablet, capsule, and soft gel products for its diverse customer base.

About Rosewood Private Investments

Rosewood Private Investments is the private equity arm of The Rosewood Corporation, a family- backed yet institutional firm with diverse worldwide operations and investments. Rosewood is wholly owned by the Caroline Hunt Trust Estate, which was established in 1935 by H.L. Hunt and built upon over generations by developing and acquiring businesses that are leaders in their respective industries. RPI’s structure and history enable it to be a unique resource and flexible investment partner. As an evergreen entity, Rosewood is continually seeking to invest capital in companies that share its commitment to entrepreneurism, integrity, and sound business principles.

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