TSG Consumer Partners Announces Three Promotions

TSG Consumer Partners has announced the promotions of three individuals. Daniel Costello, previously a vice president, was named a senior vice president, and Karen Hart and Michael Layman both advanced from senior associates to vice presidents.

PRESS RELEASE

TSG Consumer Partners LLC, a leading strategic equity investor in high-growth consumer brands, today announced the promotions of three individuals. Daniel Costello, previously a Vice President, was named a Senior Vice President, and Karen Hart and Michael Layman both advanced from Senior Associates to Vice Presidents.

“The recognition of the contributions of all three – Dan, Karen and Mike – is not only well deserved but also a reflection of the talented and experienced team of people we have advising and assisting in the identification, development and growth of our partner companies,” said James (“Jamie”) L. O’Hara, TSG President.

Mr. Costello was previously with Wachovia Securities, advising clients in the consumer and retail sectors on M&A and debt and equity financings, among other transactions. He graduated summa cum laude with a BS in Finance from Miami University.

Ms. Hart, prior to joining TSG, was an investment banker with Goldman Sachs in Hong Kong and New York, where she advised private equity and corporate clients on M&A, and financing and risk management transactions. She received a BA degree in Religion with High Honors from Dartmouth College, and an MBA from the Stanford University Graduate School of Business.

Mr. Layman was previously with Jefferies & Company and Wachovia Securities, where he was an investment banker serving both consumer and retail clients on a variety of transactions. He graduated summa cum laude with a BS in Accounting from Arizona State University.
About TSG Consumer Partners LLC
TSG Consumer Partners LLC is a leading investment firm with over $2.9 billion in equity capital under management, focused exclusively on the branded consumer sector. Since its founding in 1987, TSG has been an active investor in the food, beverage, restaurant, beauty, personal care, household and apparel & accessories sectors. Representative past and present partner companies include vitaminwater, Smart Balance, PopChips, Muscle Milk, Yard House, Smashbox Cosmetics, Pureology, e.l.f. cosmetics and Alexis Bittar.

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Contacts:
Steven S. Anreder
Cristina Bacon
of Anreder & Company
212-532-3232
steven.anreder@anreder.com
cristina.bacon@anreder.com

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