TSG Consumer Partners

Dutch Bros Inc. Announces Launch of Secondary Public Offering of Class A Common Stock

Retrieved on:

Thursday, March 21, 2024

Food, Beverage, Retail, Common stock, Form, Sale, BROS, Security (finance), Prospectus, Morgan Stanley, Form S-3, File, TSG Consumer Partners, 2nd Floor

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) today announced commencement of a registered underwritten public offering of its Class A common stock, par value $0.00001 per share (the “Common Stock”), by certain selling stockholders associated with TSG Consumer Partners, L.P. (the “Selling Stockholders”).

Key Points:

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) today announced commencement of a registered underwritten public offering of its Class A common stock, par value $0.00001 per share (the “Common Stock”), by certain selling stockholders associated with TSG Consumer Partners, L.P. (the “Selling Stockholders”).
The Selling Stockholders also intend to grant the underwriter a 30-day option to purchase up to an additional 1,200,000 shares of Common Stock.
Dutch Bros is not offering any shares of Common Stock in this offering and will not receive any proceeds from the sale of shares of Common Stock by the Selling Stockholders but will bear a portion of the costs associated with the sale of such shares, other than any underwriting discounts and commissions.
A shelf registration statement on Form S-3 relating to Dutch Bros’ securities, including the Common Stock, has been filed with the SEC and became effective upon such filing.

Dutch Bros Inc. Announces Pricing of Secondary Public Offering of Class A Common Stock

Retrieved on:

Thursday, March 21, 2024

Retail, Professional Services, Food, Beverage, Finance, Common stock, Form, Sale, BROS, Prospectus, Morgan Stanley, Form S-3, File, TSG Consumer Partners, 2nd Floor, Security (finance)

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) today announced pricing of the previously announced registered underwritten public offering by certain selling stockholders associated with TSG Consumer Partners, L.P. (the “Selling Stockholders”) of 8,000,000 shares of Dutch Bros’ Class A common stock, par value $0.00001 per share (the “Common Stock”) at a public offering price of $34.00 per share.

Key Points:

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) today announced pricing of the previously announced registered underwritten public offering by certain selling stockholders associated with TSG Consumer Partners, L.P. (the “Selling Stockholders”) of 8,000,000 shares of Dutch Bros’ Class A common stock, par value $0.00001 per share (the “Common Stock”) at a public offering price of $34.00 per share.
The Selling Stockholders granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of Common Stock.
Dutch Bros is not offering any shares of Common Stock in this offering and will not receive any proceeds from the sale of shares of Common Stock by the Selling Stockholders but will bear a portion of the costs associated with the sale of such shares, other than any underwriting discounts and commissions.
A shelf registration statement on Form S-3 relating to Dutch Bros’ securities, including the Common Stock, has been filed with the SEC and became effective upon such filing.

Dutch Bros Inc. Announces Launch of Secondary Public Offering of Class A Common Stock

Retrieved on:

Tuesday, February 27, 2024

Retail, Restaurant, Bar, Food, Beverage, Prospectus, File, Common stock, 2nd Floor, Sale, Form, Dutch Bros. Coffee, Morgan Stanley, TSG Consumer Partners, Security (finance), Form S-3, BROS

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) today announced commencement of a registered underwritten public offering of its Class A common stock, par value $0.00001 per share (the “Common Stock”), by certain selling stockholders associated with TSG Consumer Partners, L.P. (the “Selling Stockholders”).

Key Points:

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) today announced commencement of a registered underwritten public offering of its Class A common stock, par value $0.00001 per share (the “Common Stock”), by certain selling stockholders associated with TSG Consumer Partners, L.P. (the “Selling Stockholders”).
The Selling Stockholders intend to offer 8,000,000 shares of Common Stock pursuant to a registration statement on Form S-3 filed with the Securities and Exchange Commission (the “SEC”).
Dutch Bros is not offering any shares of Common Stock in this offering and will not receive any proceeds from the sale of shares of Common Stock by the Selling Stockholders but will bear the costs associated with the sale of such shares, other than any underwriting discounts and commissions.
A shelf registration statement on Form S-3 relating to Dutch Bros’ securities, including the Common Stock, has been filed with the SEC and became effective upon such filing.

Dutch Bros Inc. Announces Pricing of Secondary Public Offering of Class A Common Stock

Retrieved on:

Wednesday, February 28, 2024

Retail, Restaurant, Bar, Food, Beverage, Dutch Bros. Coffee, TSG Consumer Partners, File, Common stock, 2nd Floor, Prospectus, Sale, Morgan Stanley, Form S-3, Form, BROS, Security (finance)

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) today announced pricing of the previously announced registered underwritten public offering by certain selling stockholders associated with TSG Consumer Partners, L.P. (the “Selling Stockholders”) of 8,000,000 shares of Dutch Bros’ Class A common stock, par value $0.00001 per share (the “Common Stock”) at a public offering price of $29.05 per share.

Key Points:

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) today announced pricing of the previously announced registered underwritten public offering by certain selling stockholders associated with TSG Consumer Partners, L.P. (the “Selling Stockholders”) of 8,000,000 shares of Dutch Bros’ Class A common stock, par value $0.00001 per share (the “Common Stock”) at a public offering price of $29.05 per share.
The offering is expected to close on or about March 1, 2024, subject to the satisfaction of customary closing conditions.
Dutch Bros is not offering any shares of Common Stock in this offering and will not receive any proceeds from the sale of shares of Common Stock by the Selling Stockholders but will bear the costs associated with the sale of such shares, other than any underwriting discounts and commissions.
A shelf registration statement on Form S-3 relating to Dutch Bros’ securities, including the Common Stock, has been filed with the SEC and became effective upon such filing.

Zevia Appoints Girish Satya as Chief Financial Officer

Retrieved on:

Tuesday, February 20, 2024

Retail, Supermarket, Food, Beverage, CFO, Interim management, Senior, Investment, Business transformation, University, Growth, MBA, PBC, TSG, Interim, Fordham University, Business, TSG Consumer Partners, Management

Zevia PBC (“Zevia” or the “Company”) (NYSE: ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today announced the appointment of Girish Satya as Chief Financial Officer (CFO), effective February 21, 2024.

Key Points:

Zevia PBC (“Zevia” or the “Company”) (NYSE: ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today announced the appointment of Girish Satya as Chief Financial Officer (CFO), effective February 21, 2024.
Mr. Satya brings to Zevia over 20 years of finance, operations and strategic leadership experience with high-growth consumer businesses.
Florence Neubauer, who effectively led Zevia’s Finance function as Interim CFO, will continue with Zevia as Senior Vice President, Finance and Business Transformation.
We are thrilled to have him join Zevia as CFO, and we are confident he will have an immediate impact.

REVOLVE Reappoints Jennifer Baxter Moser to its Board of Directors

Retrieved on:

Friday, January 19, 2024

Bain & Company, Stanford University, Cosmetics, Cosmetic industry, Partnership, TSG, Bain, MBA, Investment, Beauty, Harvard Business School, Communication, TSG Consumer Partners, Growth, Management

LOS ANGELES, Jan. 19, 2024 /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV) today announced the reappointment of Jennifer ("Jenny") Baxter Moser to its board of directors, effective immediately.

Key Points:

LOS ANGELES, Jan. 19, 2024 /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV) today announced the reappointment of Jennifer ("Jenny") Baxter Moser to its board of directors, effective immediately.
Baxter Moser previously served on REVOLVE's board of directors during a period of significant growth and value creation from December 2012 through July 2020.
During her 16-year tenure at TSG, Baxter Moser led investments in and served on the board of several high-growth consumer companies, including e.l.f.
Baxter Moser received a dual degree in Economics and Communications from Stanford University and an MBA from Harvard Business School.

TSG Consumer Partners Announces Promotions

Retrieved on:

Thursday, January 11, 2024

Before joining TSG, Mr. Gilmore worked at Active Partners, where he invested in early stage growth companies across the consumer sector.

Key Points:

Before joining TSG, Mr. Gilmore worked at Active Partners, where he invested in early stage growth companies across the consumer sector.
Prior to joining TSG, Mr. DiFelice was an investment banker at Financo, where he advised clients in consumer and retail.
Prior to joining TSG, Mr. Gwalani was a consultant at Boston Consulting Group, where he advised clients in the consumer and retail industries.
Prior to joining TSG, Mr. Pavlakos was a Business Analyst at McKinsey and Company, where he advised clients across the consumer, retail and private equity industries.

Monica Chase Joins TSG as Head of Investor Relations

Retrieved on:

Monday, November 27, 2023

Professional Services, Business, Finance, Asset Management, Consulting, Banking, The arts, University, Riverside Stadium, Equity, TSG Consumer Partners, Oliver Wyman, TSG, Growth, Permira, Economics

TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that Monica Chase has joined the firm as Managing Director, Head of Investor Relations, based in the New York office.

Key Points:

TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that Monica Chase has joined the firm as Managing Director, Head of Investor Relations, based in the New York office.
Monica will oversee TSG’s investor relations initiatives globally and lead the firm’s engagement with current and prospective investors.
Monica brings over 15 years of investor relations and fundraising experience.
She joins TSG from Permira, a global investment management firm, where she served as the Head of Investor Relations for North America since 2015.

Guayakí Appoints Robyn Lawrie Rutledge as Interim Chief Executive Officer

Retrieved on:

Thursday, November 9, 2023

History, Goldman Sachs, Growth, Guayakí (company), TSG Consumer Partners, Partner, Interim, CPG, Food, Management

VENICE, Calif., Nov. 9, 2023 /PRNewswire/ -- Guayakí Yerba Mate ("Guayakí" or the "Company"), a maker of clean energy beverages and the category leader in yerba mate, today announced that Robyn Rutledge, a member of the Company's Board of Directors, will assume the role of Interim Chief Executive Officer (CEO). Stefan Kozak, who has served as CEO since 2021, is stepping down from the role. Guayakí has begun a comprehensive search for a new CEO. "Guayakí is at the forefront of the yerba mate beverage industry, and we are embarking on an exciting new chapter of expansion," said Chris Mann, co-founder and Chairman of Guayaki. "With her deep understanding of our business as a board member since 2020, we are delighted to have Robyn guide the company. Her leadership will play a pivotal role in building our brand, product innovation, and broadening our reach through expanded distribution." Mr. Mann continued, "On behalf of the Board, I'd like to thank Stefan for his many positive contributions, particularly for his support in building our team and critical infrastructure." Ms. Rutledge is a successful investor and operator with more than two decades of experience in food, beverage, wellness and other segments of the consumer industry. She is the Founder & CEO of SBG Growth, a consumer-focused investment and advisory business, and was previously a Partner at TSG Consumer Partners, a leading private equity firm focused exclusively on the branded consumer sector. She began her career at Goldman Sachs & Co. "I am excited and honored to take on the role of Interim CEO," said Ms. Rutledge. "Guayakí is extremely unique in the consumer packaged goods (CPG) landscape. There is deep authenticity with our 27-year history and we are well positioned to thrive as the healthier, more mindful choice in the rapidly-growing clean energy drink market. I look forward to working even more closely with the Guayakí team to delight and inspire consumers, deliver for our partners, and build upon our regenerative mission." About Guayakí Based in Venice and Sebastopol, California and founded in 1996, Guayakí [Gwy-uh-key] is the yerba mate beverage category creator and leader. Guayakí products today include organic cans, bottles, and loose leaf mate sold at nearly 20,000 retailers nationwide. Guayakí sources fair-trade and organic mate using regenerative standards, harvested from trees grown in the Argentine rainforest. More information about products and retail locations can be found at  www.Guayaki.com.

Key Points:

VENICE, Calif., Nov. 9, 2023 /PRNewswire/ -- Guayakí Yerba Mate ("Guayakí" or the "Company"), a maker of clean energy beverages and the category leader in yerba mate, today announced that Robyn Rutledge, a member of the Company's Board of Directors, will assume the role of Interim Chief Executive Officer (CEO).
Guayakí has begun a comprehensive search for a new CEO.
"With her deep understanding of our business as a board member since 2020, we are delighted to have Robyn guide the company.
She began her career at Goldman Sachs & Co.
"I am excited and honored to take on the role of Interim CEO," said Ms. Rutledge.

Ares Management Corporation Announces U.S. Direct Lending Origination Activity

Retrieved on:

Tuesday, October 31, 2023

Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6 billion in direct lending commitments across 189 transactions in the last twelve-month period ended September 30, 2023.

Key Points:

Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6 billion in direct lending commitments across 189 transactions in the last twelve-month period ended September 30, 2023.
Ares served as the administrative agent for a senior secured credit facility to support TSG Consumer Partners’ continued growth plans for ATI Restoration.
Ares served as a lender for a senior secured credit facility to support Vista’s continued growth plans for Finastra.
Ares served as a lender for a senior secured credit facility to support Thoma Bravo’s refinancing for Hyland.