Foley & Lardner LLP announced today it served as the legal advisor for its Dallas-based client, INW | Innovations in Nutrition + Wellness, a portfolio company of Foley client Rosewood Private Investments, in two separate legal transactions: the sale of INW by Rosewood to a group of investors led by Cornell Capital LLC and INW’s simultaneous acquisition of Bee Health Ltd., a UK-based nutritional supplements manufacturer.
INW is a value-added, turnkey service provider of differentiated nutritional and wellness products across multiple form factors, serving on-trend specialty health, functional food, immunity support, digestive health, holistic health, fit & active lifestyle, skincare and pet care markets. With manufacturing operations across four states, INW provides customers in North America and globally with comprehensive capabilities that include product development and innovation, ingredient sourcing, custom formulation and manufacturing, packaging, logistics and scientific support.
Cornell Capital acquires INW from Rosewood Private Investments
In partnership with INW’s leadership, private equity firm Cornell Capital acquired INW from Rosewood Private Investments, a family-backed investment firm and long-time Foley client. Through this transaction, Rosewood fully exited its investment in INW, while Cornell Capital will work to accelerate INW’s growth globally in the nutrition and wellness industries.
The Foley team in this transaction was led by partners Chris Converse and Chris Babcock and included partner Mike Donohue, special counsel Nick Peters, and associates Rachel Mozelewsi, Richard Zaleskie and Molly Richey. The terms of the transaction were not disclosed.
INW acquires Bee Health
Simultaneously with the INW sale transaction, INW acquired Bee Health, the UK’s leading developer and manufacturer of nutritional supplements. The acquisition of Bee Health gives INW an extended global platform to meet the demands of the modern health and wellness industry and drive success for partner brands.
The Foley team in this transaction was led by partners Chris Converse and Kevin Chumney, and included partners Chris Babcock and Mike Donohue, and associate Kaitlyn Foley.
Prior to these transactions, Foley’s Private Equity group represented Rosewood in its original acquisition of the INW business, its subsequent add-on acquisitions, and in various other legal matters.
폴리 앤 라드너 LLP 소개
폴리 앤 라드너 LLP는 법률을 넘어 고객과 해당 산업이 직면한 끊임없이 진화하는 요구에 초점을 맞추고 있습니다. 미국, 멕시코, 유럽, 아시아 전역의 24개 사무소에 약 1,100명의 변호사가 근무하는 Foley는 고객의 우선순위, 목표, 과제를 먼저 이해함으로써 고객 서비스에 접근합니다. 우리는 고객의 문제를 이해하고 고객과 장기적인 관계를 구축하여 실용적인 비즈니스 자문과 최첨단 법률 통찰력을 통해 성공적인 결과를 달성하고 법적 문제를 해결할 수 있도록 최선을 다합니다. 훌륭한 법률 서비스는 비즈니스에 관련성이 있고 실용적이며 유익할 때만 가치가 있다는 것을 잘 알고 있기 때문에 고객들은 저희를 신뢰할 수 있는 비즈니스 조언자로 여깁니다.
