Westhook Capital has made an investment in St. Helens, Oregon-based RainShadow Labs, a provider of private label manufacturing services to natural and organic personal care brands. No financial terms were disclosed. The Meriwether Group served as financial advisor to RainShadow Labs on the transaction.
ST HELENS, Ore.–(BUSINESS WIRE)–Westhook Capital (“Westhook”), a Los Angeles-based private equity firm, today announced it has made an investment in RainShadow Labs (“RainShadow”), a full-service provider of private label manufacturing services to natural and organic personal care brands. Since its founding in 1983, RainShadow has been the pioneer in helping independent brands, entrepreneurs, and skincare professionals custom formulate, manufacture, and launch thousands of successful personal care products into the natural and organics skincare marketplace. RainShadow offers cutting-edge product development and creative product design; technical support including packaging and label procurement; warehousing for excess product packaging, contract filling, multi-product packaging, shipping, and logistics support.
Vanessa and Tim Johansson, co-founders of RainShadow Labs, said, “RainShadow is the platform for the skincare entrepreneur offering natural science-based formulations, flexible minimum order quantities, high-touch customer service, and timely speed to market. Our partnership with Westhook represents a unique opportunity to expand our capabilities and the value we deliver to our customers. With Westhook’s support, RainShadow will be able to further invest in our capabilities to support our customers and our team.”
Michael Hooks, managing partner at Westhook, added, “We have been extremely impressed with RainShadow’s team, culture and focus on supporting the skincare entrepreneur, and we appreciate the opportunity to continue that support and provide additional resources to RainShadow’s team and customers. In addition, we believe the beauty and skincare industry is highly attractive and we are actively seeking additional investment opportunities in the space.”
The Meriwether Group served as exclusive financial advisor to RainShadow Labs on the transaction. www.meriwethergroup.com
About RainShadow Labs
Founded in 1983 and headquartered in St. Helens, Oregon, RainShadow Labs is a full-service provider of private label manufacturing services to natural and organic personal care brands. RainShadow offers timely and affordable product development and product design; technical support including packaging and label procurement; warehousing for excess product packaging, contract filling, multi-product packaging, shipping and logistics support.
For more information, please visit www.rainshadowlabs.com
About Westhook Capital
Westhook Capital is a private equity firm based in Los Angeles that invests in and builds valuable businesses primarily in the consumer, industrial, business services, and healthcare services sectors. Founded by professionals with over 50 years of combined experience growing companies as investors, company executives, and advisors through multiple economic cycles, Westhook is targeting 5-6 platform investments for its inaugural fund, Westhook Capital Partners, L.P, with $140 million in commitments. Westhook brings a partnership-driven approach and delivers operational expertise, resources and investment experience to help companies drive performance and accelerate growth.
For more information, please visit www.westhook.com