Ropes & Gray Advises TSG Consumer Partners in Acquiring Radiance Holdings
Ropes & Gray advised TSG Consumer Partners in acquiring a majority stake in Radiance Holdings, a platform representing a collection of premier brands in the beauty, wellness, and self-care sectors. Financial terms of the transaction were not disclosed. The announcement was made public on December 19 in a press release.
TSG Consumer Partners is a private equity firm with approximately $20 billion in assets under management that partners with founders and management teams to build and accelerate growth for consumer-facing businesses. The acquisition of Radiance Holdings will prompt a variety of strategic opportunities including expanded digital marketing efforts, accelerated franchise development, strategic acquisitions, and service line extensions.
The Ropes & Gray team was led by private equity partners Dan Cowan and Chris Comeau, and included private capital transactions partner Alex Zeltser, employment & benefits partners Renata Ferrari and Richard Kidd, tax partner Pamela Glazier, real estate partners Peter Alpert and John Creedon, data, privacy & cybersecurity partner Fran Faircloth and litigation & enforcement partners Annie Herdman and Brendan Hanifin.