Ropes & Gray advised TSG Consumer Partners in the sale of its minority stake in Radio Systems Corporation to Clayton, Dubilier & Rice. Terms of the transaction were not disclosed. The transaction was announced on July 9. The press release is here.
TSG Consumer Partners is a leading private equity firm focused exclusively on the branded consumer and retail sectors. Radio Systems is the leading innovator in the companion pet health and safety market.
The Boston-based Ropes & Gray team that advised TSG Consumer Partners was led by private equity partner Paul Van Houten, and included private equity associate Paul Sullivan, merger & acquisitions associate Stephanie Lapidus.
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