Sole Source Capital has acquired manufacturer Westwood Laboratories - Dallas Business Journal

By DBJ staffDallas-based private equity firm Sole Source Capital has acquired California-based manufacturer Westwood Laboratories for an undisclosed price, according to a news release. Headquartered in Azusa, Westwood manufactures products in the personal care, beauty, pet and over-the-counter drug markets.

“The company employs an impressive formulary team of industry veterans with decades of experience in developing cutting-edge products,” , founder and CEO of Sole Source Capital, said in the release. “We believe the contract manufacturing industry has been exhibiting strong secular tailwinds, offering significant growth potential for the company.”design, research, development, compounding, filling, packaging and bagging. The company specializes in liquids, creams, pastes and gels.

“The opportunity to collaborate with Sole Source is a testament to the hard work of our team to build a strong brand within the contract manufacturing space,”, founder of Westwood Laboratories, said in the release. “As new, innovative consumer brands continue to gain market share and require resources for product development and R&D, now is the right time to bring on a partner that can provide strategic capital as well as operational and financial expertise.

Sole Source Capital was founded in 2016 by Fredston. The firm invests in founder-owned businesses and corporate carve-outs.Related Content

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FireBird Energy to be acquired by Diamondback Energy for $1.6B - Dallas Business JournalThe acquisition will give Diamondback about 75,000 additional acres in the Midland Basin, which is part of the Permian Basin in West Texas.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Dirk Nowitzki is opening a new restaurant in DFW Airport - Dallas Business JournalThe restaurant is set to open summer 2023 and will feature foods inspired by Nowitzki's home country of Germany including German potato salad, chicken schnitzel and bratwurst with sauerkraut.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Briggs Freeman lists six new luxury homes for sale in DFW - Dallas Business JournalThe homes range in price from $4.8M to $11.9M. Multiple homes are featured in gated communities.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Briggs Freeman lists six new luxury homes for sale in DFW - Dallas Business JournalThe homes range in price from $4.8M to $11.9M. Multiple homes are featured in gated communities.
Source: DallasBizNews - 🏆 525. / 51 Read more »

DFW needs action over intent to be diverse, equitable and inclusive, according to report - Dallas Business JournalDespite a strong emphasis on DEI as a core value, 44% of the respondents have measurable board diversity goals, and 10% recruit board candidates from board diversity organizations.
Source: DallasBizNews - 🏆 525. / 51 Read more »