Ropes & Gray Represents TSG Consumer Partners in its Sale of Radio Systems Corporation
Ropes & Gray represented TSG Consumer Partners in its sale of a minority interest of Radio Systems Corporation to Clayton, Dubilier & Rice. The transaction is expected to close in the third quarter of 2020. Terms of the transaction were not disclosed. The press release is here.
Radio Systems Corporation is a leading developer and manufacturer of pet products, operating through its PetSafe Brand, Invisible Fence Brand and SportDog Brand. TSG Consumer Partners is a leading private equity firm focused exclusively on the branded consumer and retail sectors.
The Ropes & Gray team that represented TSG Consumer Partners included private equity partners Paul Van Houten and Chris Comeau, private equity associates Stephanie Lapidus and PJ Sullivan (all of Boston), finance partner Alex Zeltser (New York), and tax & benefits partner Benjamin Rogers (San Francisco).