Talk:TSG Consumer Partners/Archive 1

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Archive 1

'please remove the 'advert' tag. or the 'close connection' tag. I have been advised on best practices by other editors and intend to make suggestions rather than edit directly going forward Anreder (talk) 18:50, 19 October 2011 (UTC)

Request to remove the 'advert' tag and 'close connection' tag

please remove the 'advert' tag. or the 'close connection' tag. I have been advised on best practices by other editors and intend to make suggestions rather than edit directly going forward

request edit

Please remove the 'advert' tag. and the 'close connection' tag , since they are no longer applicable. The edits which prompted the tags have all since been removed, and henceforth future edit suggestions will adhere to best practices, regarding which have been advised by other editors. Suggested edits will be posted on the discussion page going forward, and be assured that they will strictly abide by Wikipedia’s COI guidelines, and no edit s will directly go on the page. Henceforth, it would be appreciated that since the discussion is now as originally presented the tags be removed, since they longer reflect accurately on the content. Anreder (talk) 15:30, 21 October 2011 (UTC)

Done --Demiurge1000 (talk) 20:30, 26 October 2011 (UTC)

Suggested Changes to Reflect Recent Company Updates

Hi, I work for TSG Consumer Partners, LLC and propose the following amendments to the page to reflect more up to date information. Thank you for your consideration.

  • Could you please update the "Total assets" section in the info box to reflect recent/updated numbers. So, please update Total Assets from $2.9 billion to $5 billion [1]
  • In addition, could you please update the "Number of employees" section in the info box to read "25+" [2]
  • Under the "Investments" section could you please amend the first paragraph so that it reflects the most up to date company information? Some suggested language follows: "TSG Consumer Partners is a leading investment firm with $5 billion in assets under management. Since its founding in 1987, TSG has been an active investor in the branded consumer sector, including, food, beverage, restaurant, beauty, personal care, household and apparel & accessories, and e-commerce sectors." [3]
  • Under the "Investments" section could you also please amend the second paragraph to read "Among TSG's investments are brands such as vitaminwater, thinkThin, popchips, Muscle Milk, Yard House, Stumptown, Pabst, Planet Fitness, REVOLVE Clothing, Smashbox Cosmetics, Pureology, Sexy Hair, e.l.f. cosmetics and IT Cosmetics." [4]
  • Under the "History" section, could you consider removing the sentence "Shansby left the firm in 2005 to focus on philanthropic projects as well as health issues"? This information is dated and no longer relevant for TSG.
  • Finally, could we make some changes to the "Funds" section so that reflects latest investments . Please consider the following suggested language: " TSG closed its sixth fund, TSG6, in November 2011 with $1.3 billion. TSG closed its seventh fund, TSG7A & TSG7B, on November 17, 2015 with $2.5 billion of aggregate committed capital. The firm has approximately $5 billion in equity capital under management as of December 2015." [5]

Please feel free to reach out with any questions. Thanks again.

Mary Miller Office: 415-217-2390Tsgmarymiller (talk) 19:16, 24 March 2016 (UTC)

Hmm. The sentence "Shansby left the firm in 2005 to focus on philanthropic projects as well as health issues" describes what happened to one of the founding members of the firm. I'd say it's directly relevant to the history of the firm and belongs in the "History" section. Why do you want to erase it from history? 24.240.67.157 (talk) 15:05, 2 April 2016 (UTC)
Thank you for complying with Wikipedia's conflict-of-interest guidelines. Some of your proposed edits have been performed, and others I disagree with.
  1.  Done
  2.  Done
  3.  Not done, the proposed wording is too promotional. Phrases such as "leading investment firm" are frequently used in press releases, but are not appropriate for an encyclopedia.
  4.  Not done, Wikipedia has a policy against product directories. We can include a few examples of major products a firm has invested in, but not all of them. The article already has quite a substantial list, and some of the brands in the current list are more notable than the ones you mentioned.
  5. I concur with the IP.
  6. Added the sentence about $5 billion in equity capital managed at December 2015 because it was backed-up by the NYTimes article. The other sentence is supported by a press release. Would it be possible to cite it to a third-party source? Thanks, Altamel (talk) 06:14, 30 April 2016 (UTC)
Thank you so much for your help, Altamel. I found two third-party sources that will support that sentence, incorporated below. What do you think? Possible to add?
TSG closed its seventh fund, TSG7A & TSG7B, on November 17, 2015 with $2.5 billion of aggregate committed capital. [6] [7]
Thanks again.Tsgmarymiller (talk) 00:12, 3 May 2016 (UTC)
 Done Altamel (talk) 01:29, 22 May 2016 (UTC)

Hi, thank you so much for all of your help, Altamel. I noticed a few more outdated references on the page, and as you know, I cannot fix them myself because of a COI. Would you please consider incorporating the following additional updates?

  • In the current "Key people" section of the infobox, some of the titles have changed. Please see below for the most up to date version. Would you mind incorporating? (I’ve used strikeouts to denote a proposed deletion, and bold to denote a proposed addition):
Key People
Charles H. Esserman (Chief Executive Officer and Managing Director Co-Founder)[8], Jamie O'Hara (President and Managing Director)[9], Hadley Mullin (Senior Managing Director)[10], Brian Krumrei (Managing Director), Pierre LeComte (Managing Director), Hadley Mullin (Managing Director)Jennifer Baxter Moser (Managing Director)[11], Blythe Jack (Managing Director)[12], Colin Welch (Managing Director)[13]
  • The second paragraph under "Investments" is not currently reflective of the company's latest activities. Please see below for the most up to date version.
Among TSG's most notable historic investments are well-known brands such as Backcountry[14], IT Cosmetics[15], REVOLVE[16], Famous Amos Cookies, CytoSport[17], Spic and Span, PAIGE[18], Planet Fitness[19], Prestige Brands, Energy Brands (Vitamin Water), Voss, Pureology, Comet Pabst Brewing Company[20], Chloraseptic, Stumptown[21], thinkThin[22], Met-Rx, Smart Balance, Arrowhead Mills, Smashbox Cosmetics[23], and Popchips.
  • The History section is missing key information, would you please add the below?
The firm has been noted as an anomaly in the private equity industry for its high percentage of female employees – 50 percent of the firm’s employees are women, compared to 13.7% of private equity professionals in North America.[24]
In its most recent fund, TSG reported a net return of 50 percent, more than double the industry average. In November 2015, TSG closed a pair of new funds, TSG7A and TSG7B, $2.5 billion in capital raised.[25]
  • The “Funds” section includes a small grammar mistake ("funds" should be "fund" in the second sentence below), as well as reference to outdated numbers while using the present tense. Would you mind making the corrections below?
TSG closed its sixth fund, TSG6, in November 2011 with $1.3 billion. The seventh funds in the sequence, TSG7A and TSG7B, closed in November 2015 with $2.5 billion. The firm has over $2.9 billion in equity capital under management as of April 2012. The firm has approximately $5 billion in equity capital under management as of December 2015.

Thank you again! Let me know what you think Tsgmarymiller (talk) 00:13, 11 June 2016 (UTC)

Updated the company leadership. Did not make the changes for brands invested: I still believe the list of investments is already quite substantial, and I'd rather wait and see if any other editors have an opinion for a while before proceeding. Added the sentence about workforce composition: bravo for TSG's equitable hiring practices! Did not add "net return of 50 percent" – this was not in the citation given. Did not add TSG7A and TSG7B to the History section, as it is already mentioned in the Funds section. Made the remaining corrections to the "Funds" section. Altamel (talk) 03:30, 16 June 2016 (UTC)

Thank you Altamel! Per your note, I found a source for the sentence: “In its most recent fund, TSG reported a net return of 50 percent, more than double the industry average. [26]” Would you consider adding that sentence to the end of the “History” section, now that it is sourced? Let me know, thanks again. Tsgmarymiller (talk) 18:49, 16 June 2016 (UTC)

 Done Hi @Tsgmarymiller: I've added this for you. st170etalk 14:55, 18 June 2016 (UTC)
  1. ^ http://www.nytimes.com/2015/12/09/business/dealbook/pursuing-gender-equality-as-a-competitive-advantage.html?_r=0. {{cite web}}: Missing or empty |title= (help)
  2. ^ http://www.tsgconsumer.com/team/. {{cite web}}: Missing or empty |title= (help)
  3. ^ . Business Wire http://www.businesswire.com/news/home/20151208005485/en/TSG-Consumer-Partners-Closes-Funds-Capital-Commitments. {{cite web}}: Missing or empty |title= (help)
  4. ^ . Business Wire http://www.businesswire.com/news/home/20151208005485/en/TSG-Consumer-Partners-Closes-Funds-Capital-Commitments. {{cite web}}: Missing or empty |title= (help)
  5. ^ . Business Wire http://www.businesswire.com/news/home/20151208005485/en/TSG-Consumer-Partners-Closes-Funds-Capital-Commitments. {{cite web}}: Missing or empty |title= (help)
  6. ^ Dorbian, Iris. "TSG racks up $2.5 bln for two consumer funds". The PE Hub Network. Retrieved 2 May 2016.
  7. ^ "TSG closes TSG7 A and TSG7 B with $2.5B in total committed capital". Pitch Book. 9 December 2015. Retrieved 2 May 2016.
  8. ^ "Charles "Chuck" Esserman". Bloomberg Profiles. Bloomberg. Retrieved 3 June 2016.
  9. ^ Calvey, Mark (27 March 2012). "TSG Consumer Partners names O'Hara president". San Francisco Business Times. Retrieved 3 June 2016.
  10. ^ "TSG Promotes Hadley Mullin to Senior Managing Director". The Wall Street Journal. 30 September 2014. Retrieved 3 June 2016.
  11. ^ "Jennifer "Jenny" Moser". Bloomberg Profiles. Bloomberg. Retrieved 3 June 2016.
  12. ^ "Blythe Jack". Bloomberg. Bloomberg. Retrieved 3 June 2016.
  13. ^ Young, Vicki M. (16 April 2016). "Colin Welch Heads to TSG Consumer Partners". Women's Wear Daily. Retrieved 3 June 2016.
  14. ^ Brohan, Mark (6 July 2015). "Liberty Interactive sends Backcountry.com packing". Internet Retailer. Retrieved 3 June 2016.
  15. ^ Collins, Allison (10 September 2013). "TSG Invests in It Cosmetics". Mergers & Acquisitions. Retrieved 3 June 2016.
  16. ^ Brohan, Mark (6 July 2015). "Liberty Interactive sends Backcountry.com packing". Internet Retailer. Retrieved 3 June 2016.
  17. ^ Stanford, Duane D. (1 July 2014). "Hormel to Acquire Muscle Milk Maker for $450 Million". Bloomberg. Retrieved 3 June 2016.
  18. ^ Rupp, Lindsey (19 August 2015). "The Deal-Making Women Pushing Into the Fickle World of Fashion". Bloomberg. Retrieved 3 June 2016.
  19. ^ Calvey, Mark (22 August 2013). "TSG Consumer Partners takes stake in Planet Fitness, adds partners". San Francisco Business Times. Retrieved 3 June 2016.
  20. ^ Gelles, David (18 November 2014). "Hey Guys, the Russians Aren't Buying Pabst After All". The New York TImes DealBook. Retrieved 3 June 2016.
  21. ^ Gigerich, Andy (19 November 2015). "Stumptown, Peet's seal coffee deal (Video)". Portland Business Journal. Retrieved 3 June 2016.
  22. ^ Dorbian, Iris (16 December 2015). "TSG sells ThinkThin to Glanbia for $217 mln". PE Hub. Retrieved 3 June 2016.
  23. ^ "Smashbox Exit Yields 5x Return for TSG". Mergers & Acquisitions. 18 May 2010. Retrieved 3 June 2016.
  24. ^ Picker, Leslie (3 December 2015). "Pursuing Gender Equality as a Competitive Advantage". The New York Times DealBook. Retrieved 3 June 2016.
  25. ^ "TSG closes TSG7 A and TSG7 B with $2.5B in total committed capital". PitchBook. 9 December 2015. Retrieved 3 June 2016.
  26. ^ Picker, Leslie (3 December 2015). "Pursuing Gender Equality as a Competitive Advantage". The New York Times DealBook. Retrieved 16 June 2016.
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