All TSG Consumer Partners articles
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ArticleBergfreunde changes ownership
Bergfreunde GmbH, the German online specialist retailer for mountain sports, climbing and outdoor equipment, has a new strategic partner: French sporting goods manufacturer and retailer Decathlon is acquiring the German company from US outdoor retailer Backcountry. The purchase agreement was signed on Nov. 24, 2023. The completion of the transaction ...
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News briefsIs TSG looking to divest Backcountry.com?
TSG Consumer Partners, a private equity firm based in San Francisco, California, is considering options for Backcountry, including a sale of the online outdoor gear and ski apparel retailer, according to Bloomberg News. Backcountry was founded in 1996 in a garage in Park City, Utah. The company sells gear for ...
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ArticleGerman bike company Canyon bought by Belgian Adidas shareholder
Groupe Bruxelles Lambert ( GBL ), a major Belgian-based investment company, has agreed to take over majority control of Canyon Bicycles , the German bike producer known for its direct-to-consumer approach. Roman Arnold , a former supplier of bike components who founded the brand in 2002, will reinvest a ...
