TSG Consumer Partners Completes Sale Of CytoSport To Hormel Foods Corporation

SAN FRANCISCO, August 12, 2014 -- TSG Consumer Partners announced today the sale of its stake in CytoSport®, the makers of Muscle Milk®, to Hormel Foods Corporation (NYSE: HRL) is final.

“We are fortunate to have partnered with the Pickett family and the management team to help drive the company’s success over the last 7 years, said Brian Krumrei, Managing Director at TSG.  “During this period, Muscle Milk has established a leading position in the protein beverage category and sales have more than quadrupled.  This transaction represents an exceptional outcome for CytoSport, TSG and Hormel, and we look forward to watching the company’s continued success under new ownership.”