
Nation’s First Focused Private Equity Investor in Consumer Branded Products Companies
Has Compiled 59% Annual Returns Since Inception
Press Release
SAN FRANCISCO, CA, December 06, 2006 – TSG Consumer Partners LLC (“TSG”), the nation’s leading private equity investor specializing in acquiring and building branded consumer companies, successfully completed an offering of $875 million in Limited Partnership Interest subscriptions in its fifth and newest fund, TSG5.
“TSG5 was substantially oversubscribed by current TSG Limited Partners without us having to engage in a formal fund raising effort,” said Mr. Esserman, a founder and the CEO of the firm. “It speaks to the fact that experience as well as a long term track record of success really matters.”
TSG’s Managing Partners include James L. O’Hara, Alexander S. Panos, M. Hadley Mullin and Yasser U. Toor as well as Mr. Esserman. J. Gary Shansby, who founded TSG with Mr. Esserman, serves as chairman of the firm.
“I have invested with TSG across multiple funds,” said Paul Rice, Senior Managing Director for Mesirow Financial. “ When it comes to focus, integrity and results, they are the real deal. TSG has built a private equity powerhouse in the consumer arena. It is a pleasure working with the TSG team.”
Since its inception in 1987, TSG’s branded consumer investment strategy has achieved returns of 59 percent per year. TSG pioneered the use of private equity in high-growth, middle market branded consumer companies. It was also the first significant private equity fund to focus on investing in natural and organic foods companies, functional food and beverage categories, and orphan brands in the personal care and household sectors. Along with its in-depth understanding of and experience within the consumer products industry, TSG engages in a highly effective hands-on management approach that distinguishes the firm in attracting investments and building companies.
TSG’s investments over the years include Famous Amos, Terra Chips, Arrowhead Mills, MET-Rx Nutrition, Mauna Loa macadamia nuts, Glaceau vitaminwater, Smart Balance Foods, PureOlogy haircare, and Smashbox Cosmetics, amongst others.
|