Alantra advised ProTec Laboratory on a majority equity investment by Rosewood Private Investments

Jan 2017

Capital raise

Alantra is pleased to announce that it has advised SSB Holdings, Inc. (d/b/a ProTec Laboratory) on a majority equity investment by United 1 International Laboratories, a portfolio company of Rosewood Private Investments. The transaction closed on November 1, 2017 and the value was not disclosed.

Based in Quitman, Texas, ProTec is a contract manufacturer and producer of high quality nutritional supplements for many of the leading branded nutrition companies in North America. ProTec is cGMP compliant and is certified by NSF, ensuring that all products are consistent and meet regulated quality standards. ProTec’s services go beyond manufacturing and packaging. The company acts as a one-stop-shop offering its customers concept research & product design, raw material sourcing & testing, flavor development and documentation. ProTec is one of the few contract manufacturers able to produce both solid (capsules, tablets, powders) and liquid dose forms; a significant market differentiator.

ProTec is the latest addition to International Nutrition & Wellness Holdings (“INW Holdings” or “INW”), Rosewood’s holding company. ProTec will join INW’s existing platform consisting of contract manufacturer Healthy Natural, Inc. of Irving, Texas, and United 1 International Laboratories, a Carrollton, Texas-based manufacturer of dietary supplements, sports nutrition and personal care products.

The ProTec leadership team of Sarah and Sail Ricks 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.” “The integration of ProTec with the other INW portfolio companies creates one of the leading nutritional supplement manufacturers in North America,” said Joseph Downing, Managing Director & Partner with Alantra. “We are pleased to have assisted with the successful majority equity investment while growing our expertise within the highly-fragmented consumer health contract manufacturing market.”

“ProTec is a leading provider of full service contract manufacturing of dietary supplements, sports nutrition, animal health, and cosmetics in liquids, gels, powders, capsules, tablets and softgels,” said Josh Garver, Director with Alantra. “As a center of excellence for solid dose formats, ProTec brings complimentary manufacturing capabilities to the platform and will enable INW to better meet the needs of the combined customer base.”