We have a long-term view of a company’s performance. We are less concerned with quarter-to-quarter results. Our general investment horizon is five to seven years, sometimes longer. We want our Partner Companies to invest for growth. We encourage a long-term perspective. We motivate key managers by providing them with a significant stake in the business. TSG Consumer Partners’ three guiding principles are focus, integrity and results.

Focus

TSG Consumer Partners only invests in branded consumer companies. Many other funds have no specialty or change focus over time. We have assembled substantial resources to support branded consumer companies across a range of channels and product categories.

Integrity

We regard fairness, commitment, follow-through and confidentiality as key ingredients to success. We value our reputation and go to work on behalf of our partners.

Results

We partner with management in many ways to create value:

• We provide management extraordinary autonomy. While the exact nature of the firm’s involvement varies with each investment, all day-to-day operating decisions are left in the hands of company management
• We offer management substantial analytic, strategic, financial and operating support to help implement fundamental improvements in sales, marketing, operations and financial controls
• We don’t burden companies with debt to the extent that operating decisions are dictated by interest and principal payments
• We invest in our businesses for growth. We provide capital for internal growth and to fund product, brand and business acquisitions