CARROLLTON, Texas--(BUSINESS WIRE)--After thoughtful consideration, United 1 International Laboratories (“United”) has partnered with Rosewood Private Investments (“Rosewood”) to provide a significant capital investment to support and continue United’s growth. United is Rosewood's first investment in the nutritional supplement formulation and manufacturing space. Rosewood expects to build upon the success and organic growth of United by pursuing add-on acquisitions of complementary businesses.
Joe Cooper, United’s Founder, stated, “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.” Mr. Cooper will stay involved with the business providing strategic direction and helping to develop new opportunities for the company.
United’s long time President, George Mitchell, stated, “We are extremely excited about the partnership with Rosewood, it gives United 1 Labs endless possibilities in our industry.” Mr. Mitchell will continue in his role as the President of United.
United 1 International Laboratories is a marquee name in the nutritional supplement formulation and manufacturing space. Located in North Texas, United is uniquely positioned to serve customers across the country. Specializing in ingestible liquid and gel manufacturing, United also has capabilities to produce powders and OTC pharmaceuticals, as well as cosmetic lotions and creams. United produces quality products for branded and private label customers in the mass retail, specialty retail and direct selling distribution channels.
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.
Marquez Bela, Rosewood’s Director, stated, “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.”