TSG Consumer Partners

TSG Consumer Partners
Type Private
Industry Private equity, Consumer products
Predecessor The Shansby Group
Founded 1987
Headquarters San Francisco, California, United States
Key people Charles H. Esserman, John Kenney, Hadley Mullin, Jamie O'Hara, Alexander Panos
Products Growth capital focused on consumer brands
Total assets $1.7 billion
Employees 20+
Website www.tsgconsumer.com

TSG Consumer Partners is one of the largest and oldest private equity firms focused on growth capital investments in middle-market companies in the branded consumer products sector. The firm, founded in 1987, was among the first private equity firms to invest exclusively in consumer product companies.[1]

Contents

Investments

TSG has used growth equity in a number of categories, including natural and organic foods, functional food and beverages, ethnic food and refrigerated entrées, orphan brands in personal care and household lines, super-premium, and personal care products.

Among TSG's most notable investments historically have included well known brands such as Famous Amos Cookies, Spic and Span, Prestige Brands, Energy Brands (Vitamin Water), Voss, Pureology, Comet, Chloraseptic, Met-Rx, Smart Balance, Arrowhead Mills, and Mauna Loa Macadamia Nut Corporation.

Current investments include CytoSport, DenTek Oral Care, Perricone MD Cosmeceuticals, Sexy Hair, e.l.f., PopChips and Yard House USA, Inc.

History

The firm, which is based in San Francisco, was founded in 1987 as a subsidiary of Montgomery Securities, known as the Montgomery Consumer Fund.

In 1988, the firm's founders, J. Gary Shansby and Charles H. Esserman, completed a spinout of the firm from Montgomery to form an independent firm known as The Shansby Group.[2] Esserman became CEO in 2005 at which point the firm changed its name to TSG Consumer Partners.[3]

Shansby left the firm in 2005 to focus on philanthropic projects as well as health issues.[1]

References

  1. ^ a b Shansby made money rescuing and nurturing orphan brands. San Francisco Business Times, February 28, 2010
  2. ^ Renamed Shansby Fund To Cut Montgomery Tie. New York Times, October 24, 1988
  3. ^ Shansby Group changes name to TSG Consumer Partners. San Francisco Business Times, May 18, 2005

External links