TSG Consumer Partners

TSG Consumer Partners
Private
Industry Private equity, Consumer products
Predecessor The Shansby Group
Founded 1987
Headquarters Transamerica Pyramid
San Francisco, California, United States
Key people
 Charles H. Esserman (Chief Executive Officer and Managing Director), Jamie O'Hara (President and Managing Director) , John Kenney (Managing Director), Brian Krumrei (Managing Director), Pierre LeComte (Managing Director), Hadley Mullin (Managing Director), Alexander Panos (Managing Director)
Products Growth capital focused on consumer brands
Total assets $2.9billion
Number of 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]

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, apparel and accessories and pet care products.[2]

Among TSG's most notable historic investments are 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 Popchips.

History

The Shansby Group logo in use prior to 2005

The firm was founded in 1987 as the Montgomery Consumer Fund, a partnership with an initial equity interest from Montgomery Securities. In 1988 the firm's founders, J. Gary Shansby and Charles H. Esserman, repurchased Montgomery Securities' interest and renamed the company The Shansby Group. [3] The firm changed its name to TSG Consumer Partners in 2005 when Esserman became CEO. Shansby left the firm in 2005 to focus on philanthropic projects as well as health issues. [1]

Funds

TSG closed its sixth fund, TSG6, in November 2011 with $1.3 billion. The firm has over $2.9 billion in equity capital under management as of April 2012.

References

  1. ↑ 1.0 1.1 Shansby made money rescuing and nurturing orphan brands. San Francisco Business Times, February 28, 2010
  2. ↑ Peter Sinton (January 28, 1998). "Shansby Group Grows Healthy On Odd Mix". San Francisco Chronicle.
  3. ↑ Renamed Shansby Fund To Cut Montgomery Tie. New York Times, October 24, 1988

External links