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TSG Consumer Partners
“Bought Planet Fitness, took it public, cashed out. Textbook buy-polish-flip.”
TSG Consumer Partners currently owns 3 consumer brands we track, including Thrive Pet Healthcare, Pep Boys and Mavis Tire, across 3 categories. It has since exited 2 more.
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Brands Tracked
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Categories
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Currently Owned
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Formerly Owned
TSG took a majority stake in Planet Fitness in 2012, polished the brand, took it public in 2015, and cashed out by 2017. The classic PE move, done fast: ride the growth curve through an IPO, exit with a profit, and leave the company answering to Wall Street's quarterly demands instead of its gym members.
Founded 1987 · Larkspur, CA