TSG Consumer Partners LLC has raised a combined $2.5 billion for two funds focused on growing consumer companies, the San Francisco-based private equity firm announced today.
The fundraising began in September.
TSG7 A will target larger, high growth consumer companies and make investments investments between $50 million and $400 million while the other fund, TSG7 B will deploy investments between $15 million and $50 million in smaller, high growth companies.
Among TSG’s past and current portfolio companies are vitaminwater, thinkThin, popchips, Muscle Milk, Yard House, Pabst, Planet Fitness, REVOLVE Clothing, Smashbox Cosmetics, Sexy Hair, e.l.f. cosmetics and IT Cosmetics.
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