TSG Consumer Partners Announces Sale of Gardein to Pinnacle Foods Inc.
17 Nov 2014 --- TSG Consumer Partners LLC, the leading strategic equity investor in high-growth consumer brands, announced it has entered into an agreement to sell Gardein, to Pinnacle Foods Inc.
Gardein, founded in 2009 by Yves Potvin, offers a variety of delicious and convenient plant-based foods. The brand has seen significant growth in the past five years and is available at over 22,000 retailers across North America.
“We are very fortunate to have partnered with Yves and Gardein to help drive the brand’s growth,” said Jamie O’Hara, TSG President. “Gardein has developed into a leader in manufacturing and marketing delicious, convenient and healthy foods. With its track record of innovation and current scale, the company is well positioned for significant growth.”
“Gardein has experienced tremendous growth since our partnership with TSG Consumer Partners. It’s been a pleasure working with the entire TSG team to establish Gardein as a leading plant-based protein brand,” said Yves Potvin, Founder and President of Gardein. “We now look forward to our new partnership with Pinnacle Foods Inc. and to continue to see the brand grow and succeed in the industry.”
