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

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