Sole Source Capital Acquires Westwood Laboratories

Blackstone Energy Transition Partners Makes Majority Investment in Westwood Professional Services

August 7, 2024

Engineering Services

Private equity funds affiliated with Blackstone (Blackstone Energy Transition Partners) have agreed to make a majority investment in Westwood Professional Services, Inc., acquiring the stake held by Endurance Partners and Palm Beach Capital while Westwood management and employee shareholders retain a minority interest. Westwood, a Plano, Texas–based engineering and design firm with more than 1,600 employees, serves renewables, power, real estate and public infrastructure end markets and will leverage Blackstone's resources to expand capabilities across those markets.

West Lane Capital Partners Acquires SEVEN Haircare

April 3, 2024

Consumer Products

West Lane Capital Partners LLC, a Los Angeles-based private equity firm, has acquired the SEVEN haircare brand from Proctor Lane Investments. SEVEN, based in Seattle, Washington, is a professional hair care line sold to salon professionals and consumers; West Lane said the investment will support product and line expansion and broader growth initiatives.

Westwood Acquires Salient Partners' Asset Management Business

May 26, 2022

Wealth Management

Westwood Holdings Group, Inc. has entered into a definitive agreement to acquire the asset management business of Salient Partners, L.P., adding Salient's energy infrastructure, real estate, tactical equity and private investments capabilities. The deal (upfront $35 million with up to $25 million in deferred payments tied to targets) increases Westwood's AUM by roughly 32% and is intended to expand Westwood's multi-asset, real assets and alternatives offerings while leveraging Westwood's distribution and institutional relationships.

SK Capital Acquires Catalent's Blow‑Fill‑Seal Sterile CDMO Business (Woodstock Sterile Solutions)

March 31, 2021

Pharmaceuticals

Funds managed by SK Capital Partners completed the acquisition of Catalent Pharma Solutions' Blow‑Fill‑Seal (BFS) sterile CDMO business and relaunched the business as Woodstock Sterile Solutions. The single‑site Woodstock, Illinois operation will operate independently under new CEO Paul Josephs, supporting global pharmaceutical and biologics customers; Catalent was the seller and debt financing was provided by Cerberus Business Finance.

Sole Source Capital Acquires Worldwide Produce

October 25, 2019

Food & Beverage

Sole Source Capital LLC acquired a majority interest in Worldwide Produce, a leading distributor of fresh produce, dairy and specialty foods serving Southern California and Nevada. Sole Source plans to use Worldwide Produce as a platform for regional consolidation and to invest in the company’s technology and geographic expansion; transaction terms were not disclosed.

ProPharma Group (Linden Capital Portfolio) Acquires Southwood Research

March 11, 2019

Healthcare Services

ProPharma Group, a portfolio company of Linden Capital Partners, has acquired Southwood Research, a Buckinghamshire-based provider of pre-approval regulatory science services to the pharmaceutical and biotech industries. The add-on expands ProPharma's regulatory affairs capabilities across the EU and strengthens its end-to-end regulatory service offering.