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Mamaroneck, NY (August 17, 2021) – Topspin Consumer Partners, an operationally-driven private equity firm focused on the consumer sector, announced today that it has made an investment in Coop Home Goods (“Coop” or the “Company”). Coop is a leading digitally-native designer and marketer of branded adjustable memory-foam pillows and other bedding accessories, which are sold through the Company’s website and various e-commerce marketplaces. Coop’s flagship product has been the number one-ranked pillow by Consumer Reports for the past two years. Star Mountain Capital, LLC and BHI, the U.S division of Bank Hapoalim, provided a unitranche loan facility and a revolving credit facility.

Topspin is partnering with sibling founders, Jin and Kevin Chon, who will continue to oversee the business going forward.  Jin and Kevin founded Coop in 2013 with the mission of improving sleep quality, since Kevin had struggled with severe sleep issues stemming from chronic neck and back pain. The management team brings extensive experience in developing innovative products with consumer-centric designs and in growing the business through e-commerce channels. Co-founder Jin Chon stated, “Kevin and I are excited to partner with Topspin. Topspin understands how to build and shape digital consumer brands. With their guidance and support, we believe Coop is well-positioned to capitalize on the significant growth opportunities that lie ahead.”

Stephen Parks, Partner of Topspin, said, “We are thrilled to work alongside Jin and Kevin in continuing to grow Coop into a leading sleep and wellness brand. Their innovative, best-in-class products have disrupted the sleep category and generated an avid consumer following, driving the success of the brand. Coop’s growth has been extraordinary, and the team has created a great foundation to build off of.”

For more information on Coop Home Goods, please visit www.coophomegoods.com.

Mamaroneck, NY (August 10, 2021) – Topspin Consumer Partners today announced that it has made an investment in SportPet (the “Company”), a manufacturer and marketer of branded and private label pet products. Founded by Adam Kellogg in 2004 and based in Waukesha, Wisconsin, the Company first disrupted cat and dog containment solutions through unique kennels and crates under its flagship brand, SportPet. Since then, the Company has expanded its product offering into pet furniture, toys, bedding and feeding accessories while also launching two new brands, Kitty City and Chew King. In conjunction with the transaction, Key Bank provided a senior term loan and revolving credit facility.

Topspin has partnered with the existing owner-operator and founder of the Company, Adam Kellogg, who will maintain a significant stake in the business and continue to lead the organization. Mr. Kellogg has extensive experience in both product development and manufacturing and has built a robust team of experienced professionals across the Company’s sales & marketing, product development and supply chain departments. Mr. Kellogg stated, “We have been looking for a partner to further accelerate our growth and believe that Topspin’s expertise and network will be invaluable for us as a company. This is an exciting time to be operating in the pet industry and we look forward to many more years of expansion with Topspin as our partners.”

Ojas Vahia, Partner of Topspin, said, “We are thrilled to partner with Adam and his exceptional management team at SportPet. We have been proactively seeking an investment in the pet industry and believe that SportPet is an ideal growth platform with its innovative designs and product engineering. The pet industry has seen tremendous growth over the last decade and we look forward to continue capturing that growth with the SportPet team in the years to come.” For more information on SportPet, please visit sportpet.com.

Mamaroneck, NY (June 16, 2021) – Topspin Consumer Partners (“Topspin”), an operationally-driven private equity firm focused on the consumer sector, is pleased to announce the final closing of Topspin Consumer Partners II (“TCP II”) at its hard cap of $205 million. The fund was oversubscribed with strong support from existing investors combined with significant new commitments from a diverse base of new institutional limited partners including funds of funds, global asset managers and family offices.

Consistent with its predecessor fund, TCP II will seek to partner with founder-owners and top management teams to make investments of $15 million to $35 million in lower middle market growth-oriented consumer products and services companies. Topspin is focused on branded consumer “essentials” that are capturing market share within established niches and can leverage digital marketing and e-commerce platforms to drive growth.  Topspin invests with founders and teams who are looking to continue the transformation of their businesses into leading middle market companies and works collaboratively with them to implement operational best practices, upgrade product development processes and capabilities, and enhance sales, distribution and marketing strategies. To date, Topspin has already closed three platform investments and three add-on investments in the new fund.

The Topspin investment team has been investing together for more than a decade and brings deep operational experience to their underwriting and value creation processes. The team is supported by a seasoned industry board of advisors and a broad network of experienced executives in various consumer segments.

“Topspin appreciates the support from the investment community that enabled this successful fundraise,” said Leigh Randall, Managing Partner of Topspin. “The strong performance of our portfolio companies during the uncertain conditions of the coronavirus pandemic was critical in maintaining and furthering investor confidence in our ability to create value in the consumer sector. Our experience and prior successes in the digital marketplace have positioned us favorably to take advantage of an accelerating trend in our industry.”   

MVision Private Equity Advisers acted as the global strategic adviser to Topspin and Goodwin Procter served as legal counsel in the formation of the fund.

About Topspin Consumer Partners

Topspin Consumer Partners is a Mamaroneck, NY-based private equity firm that makes investments in established, profitable and fast-growing middle-market consumer businesses. The firm invests across a number of sub-verticals within consumer, including health & wellness, personal care/beauty, food/beverage, household goods, pet, and children’s products. The Topspin team has considerable operational expertise and collaborates with founder-owners and management teams to build businesses of varying stages and sizes. Further information on Topspin can be found at www.topspincp.com.

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New York, NY, September 22, 2020 — Topspin Consumer Partners’ portfolio company, Remedy Health Media (Remedy), a leading digital health platform, today announced the acquisition of OBR (Oncology Business Review), an oncology-focused digital media company that provides news and information resources to oncologists and oncology healthcare professionals (HCPs). OBR is a leading resource for the entire oncology team, reaching an audience of more than 25,000 members daily. Combining OBR’s leadership position in the oncology space with Remedy’s broader reach and resources creates an opportunity to grow both audience and impact across the oncology landscape. OBR extends the company’s existing network of trusted digital health brands for consumers and healthcare professionals.

As the oncology landscape continues to evolve with significant advancements in treatment and patient care rooted in research, the acquisition of OBR provides Remedy a powerful platform to educate, raise awareness of research advancements, and play an important role in the dialogue between patients and professionals.

“The addition of OBR allows Remedy to serve the oncology community in powerful ways by providing instant access to leading opinions and the most current medical information for oncology professionals,” said Remedy CEO, Mike Cunnion. “Aligning ourselves with innovative partners like OBR, which has been serving the oncology community for more than a decade, helps us amplify our mission and motivate communities of patients and professionals towards optimal patient care.” Cunnion added, “We are excited to welcome the terrific OBR team to Remedy.”

“OBR has been serving the oncology community for more than 13 years, and our brand and presence amongst oncology providers and professionals is strong,” said Founder and President of OBR, Don Sharpe. “We were well poised for a partner that would help us become even stronger in the creation and delivery of actionable oncology information. In Remedy, we have found a partner with a track record of success in creating and publishing important healthcare information, a robust digital presence, and the resources to help us maximize our potential.”

As an innovative healthcare media company, OBR will help strengthen Remedy’s overall HCP capabilities through its vast network of relevant key opinion leaders, market access training platform, and a wide range of digital media resources delivering current and relevant oncology information.

“As a leading authority in oncology news for healthcare professionals with unparalleled relationships across oncology stakeholders, the acquisition of OBR provides both a distinctive and fundamental platform to help Remedy grow and further serve its audience and partners,” said Leigh Randall, Managing Partner at Topspin Consumer Partners.

About Remedy Health Media

Remedy Health Media (Remedy) is a leading digital platform that serves communities of patients, care partners and healthcare professionals through a family of trusted health brands that exist to remove barriers to better health. Remedy Health Media owns and operates HealthCentral, TheBody, TheBodyPro, PsyCom, Berkeley Wellness, EndocrineWeb, Practical Pain Management, and Spine Universe. To learn more visit RemedyHealthMedia.com.

About Topspin Consumer Partners Topspin Consumer Partners is a Mamaroneck, NY-based private equity firm that makes investments in established, profitable and fast-growing middle-market consumer businesses. The firm invests across a number of sub-verticals within consumer, including health and wellness, personal care and beauty, household goods, digital media, pet, juvenile products, and food and beverage. The Topspin team has considerable operational expertise and collaborates with founder-owners and management teams to build businesses of varying stages and sizes. Further information on Topspin can be found at www.topspincp.com.

San Ramon, CA—September 9, 2020: Japonesque, a Topspin Consumer Partners portfolio company, is pleased to announce its investment in MakeUp Eraser, a leading developer and marketer of sustainable makeup removing products and beauty accessories. Since its founding in 2013, MakeUp Eraser has dedicated itself to providing a more sustainable method of removing makeup, creating a leading makeup remover cloth and other makeup removal products that are both safe for the environment and extremely effective.

Lexi McCarthy, Founder of MakeUp Eraser, stated, “Since starting MakeUp Eraser in 2013, we have helped redefine the makeup removal industry to be more sustainable and eco-friendly. This mission has resonated with our core customer and has brought us great success over the past seven years. Looking forward, we are thrilled to work with Japonesque and Topspin to accelerate our mission and expand MakeUp Eraser across the U.S. and internationally. Their beauty expertise and network are unmatched and will be crucial in achieving our lofty goals for the coming years.”

“We’re excited to add the MakeUp Eraser brand to the Japonesque family,” said Rich Conti, CEO of Japonesque. “The MakeUp Eraser business, along with the new products in development, are highly compatible with Japonesque’s strategy of offering consumers innovative tools and accessories that elevate their beauty routines. We are eager to partner with Lexi and the MakeUp Eraser team and look forward to the productive partnership ahead.”

Stephen Parks, Partner at Topspin Consumer Partners, added, “The combination of MakeUp Eraser’s emerging brand with Japonesque’s professional heritage in beauty implements and makeup brushes fits both our strategic and financial goals. This transaction is yet another example of the collaborative work performed by both our management teams and Topspin to build better, stronger brands. We wholeheartedly welcome Lexi and her team to the Japonesque family.”

About Japonesque

Japonesque is a developer and marketer of innovative beauty implements and makeup brushes under the Japonesque brand. Inspired by Japanese makeup artists in Kabuki theater, the Company’s mission is to inspire consumers to ‘Create Beauty’ by delivering products of superior performance and quality at an attractive price point. Topspin Consumer Partners, a middle-market private equity firm that invests in fast-growing consumer businesses, invested in Japonesque in September 2019 and has worked closely in partnership with the Japonesque team to expand the business.

To learn more about Japonesque, please visit www.japonesque.com.

About MakeUp Eraser

MakeUp Eraser is a developer and marketer of sustainable makeup removing products and beauty accessories through the MakeUp Eraser brand. The Company prides itself on its sustainable, eco-friendly approach to makeup removal and makeup wipes, which is the third most wasteful product on the planet. Headquartered in Glendale, Arizona and founded by Lexi McCarthy, MakeUp Eraser’s products can be found on www.makeuperaser.com, Amazon and in leading retail outlets across the United States.

To learn more about MakeUp Eraser, please visit www.makeuperaser.com.

About Topspin Consumer Partners Topspin Consumer Partners is a Mamaroneck, NY-based private equity firm that makes investments in established, profitable and fast-growing middle-market consumer businesses. The firm invests across a number of sub-verticals within consumer, including health & wellness, personal care/beauty, food/beverage, household goods, pet, and juvenile products. The Topspin team has considerable operational expertise and collaborates with founder-owners and management teams to build businesses of varying stages and sizes. Further information on Topspin can be found at www.topspincp.com.

MAMARONECK, NY – MAY 2020 – Topspin Consumer Partners announced today that it has led an investment in reCommerce, a rapidly growing, technology-enabled selling partner of brands through Amazon. reCommerce offers leading consumer brands an end-to-end solution on Amazon, allowing them to capitalize on growing demand and navigate the complexities of the world’s largest online marketplace. reCommerce combines its proprietary in-house technology platform with world class creative, marketing, data analytics, brand protection, and logistics services to drive the growth of leading brands on Amazon. In conjunction with the transaction, Balance Point Capital provided a unitranche loan facility and equity co-investment. Baird served as exclusive financial advisor to reCommerce. Lowenstein Sandler, LLP served as legal advisor to Topspin.

Topspin has partnered with the existing co-founders of the company, Taylor Hamilton and Jesse Tomalty, who will maintain a significant stake in the business and continue to lead the organization. Mr. Hamilton and Mr. Tomalty have extensive experience in both the e-commerce and consumer goods industries and have built a robust team of experienced professionals that have helped position reCommerce as the world’s premier Amazon selling partner for leading consumer brands in health and wellness, beauty, personal care and other industry verticals. “We are excited to partner with Topspin to help accelerate our growth and further enhance our value proposition,” stated Mr. Hamilton, the company’s CEO. “Our focus has always been, and will continue to be, driving success for our brand partners on Amazon by providing an innovative offering that is unmatched anywhere in the marketplace. Topspin’s deep experience in e-commerce and consumer goods, and their strong alignment with our company culture, make them the ideal partner to help us build upon our offering and expand our brand network.”

Leigh Randall, Managing Partner of Topspin, said, “We have long held a bullish view on the potential of the Amazon marketplace and believe that reCommerce has developed a truly groundbreaking, best-in-class business model for prominent consumer brands that sell through the channel. We are delighted to partner with the team of this outstanding company and believe that our prior experience with branded consumer products and the Amazon platform will help the management team achieve its lofty goals.”

For more information on reCommerce, please visit recommercebrands.com.

About Topspin Consumer Partners

Topspin Consumer Partners is a Mamaroneck, NY-based private equity firm that makes investments in established, profitable and fast-growing middle-market consumer businesses. The firm invests across a number of sub-verticals within consumer, including health & wellness, personal care/beauty, food/beverage, household goods, and juvenile products. The Topspin team has considerable operational expertise and collaborates with founder-owners and management teams to build businesses of varying stages and sizes. Further information on Topspin can be found at www.topspinpartners.com.

MAMARONECK, NY – SEPTEMBER 2019 – Topspin Partners today announced that it has acquired Japonesque, a rapidly growing developer and marketer of innovative beauty implements, makeup brushes, and other beauty accessories from San Francisco Equity Partners. Japonesque has capitalized on the recent shift to indie beauty brands, offering consumers and retailers alike a complementary blend of Japonesque and store-branded offerings. As part of the transaction, Graycliff Partners provided a unitranche loan facility and equity co-investment and PNC Bank provided a revolving credit facility.

Topspin has partnered with the existing management team of the Company who will continue in their roles going forward. “The partnership with Topspin will allow Japonesque to better serve our customers and accelerate growth. We are committed to making Japonesque and our partner brands a mainstay for consumers’ everyday beauty needs, an initiative that will be accelerated through Topspin’s expertise and network within the beauty industry,” said Rich Conti, CEO of Japonesque.

“We are impressed by the platform that Rich and his team have built along with their commitment to serving their retail partners,” said Leigh Randall, Managing Partner at Topspin. “The Japonesque brand is well-positioned to continue to disrupt underserved categories in beauty and we are well-suited to support them in this endeavor.”

For more information on Japonesque’s beauty offerings, please visit japonesque.com.

About Topspin Partners

Topspin Partners is a Mamaroneck, NY-based private equity firm that makes investments in profitable and established lower middle-market consumer businesses. The firm invests across a number of sub-verticals within consumer, including health & wellness, fitness, personal care/beauty, food/beverage, household goods, and juvenile products. The Topspin team has considerable operational expertise and collaborates with founder-owners and management teams to build businesses of varying stages and sizes. Further information on Topspin can be found at www.topspinpartners.com.

MAMARONECK, NY – MARCH 2019. Topspin Partners II, LP (“Topspin”), a suburban NY-based private equity fund focused on the lower middle-market, has entered into a definitive agreement to sell its portfolio company JD Beauty Co., LLC (“JD Beauty” or the “Company”), the Company behind the popular Wet Brush branded hair care accessories, Bio Ionic hair styling tools and Ouidad hair care. Over the past three years, Topspin and the JD Beauty team have grown the Company by launching several new product lines, expanding the Company’s distribution capabilities, completing add-on acquisitions (including Bio Ionic and Ouidad) and growing the sales, marketing and product development teams.

The acquirer, Goody Products, Inc. (“Goody”), is one of the largest players in the hair accessories and styling tools industry. Goody was acquired by ACON Investments, a middle-market private equity firm, in August 2018.

Leigh Randall, Managing Partner of Topspin Partners, stated “JD Beauty is an exceptional and innovative platform that has redefined the hair care industry. Over the past three years, the JD team has grown the company from its single product beginnings in detangling brushes into a multi-category, multi-channel platform. We are confident that JD will continue its growth under ACON and we wish the JD team the very best in their next chapter.”

Jeff Davidson, CEO of JD Beauty, stated, “We would like to thank the Topspin team for the value and support they provided to JD Beauty as our partners over the past three years. Their expertise and strategic guidance, together with the hard work of the JD Beauty employees and management team, laid the foundation for the rapid growth we are experiencing today.”

Intrepid Investment Bankers served as the exclusive financial advisor to JD Beauty. Lowenstein Sandler, LLP served as legal advisor to JD Beauty.

For more information on JD Beauty, please visit www.jdbeauty.com.

About JD Beauty Co.

JD Beauty Co., LLC is one of the leading marketers and manufacturers of professional beauty products. Based in New York and launched in 1977, JD Beauty has launched some of the industry’s most recognizable and innovative brands and products such as WetBrush, Luxor Pro, Lure, TS-2 and more. These brands promise quality and innovation to provide beautiful and professional results to professionals and consumers alike.

About Topspin

Topspin Partners is a suburban NY-based private equity fund that makes investments in profitable and established lower middle-market consumer businesses. The firm invests across a number of sub-verticals within consumer, including health & wellness, fitness, personal care/beauty, food/beverage, household goods, apparel, niche retail and juvenile products. The Topspin team has considerable operational expertise and collaborates with founder-owners and management teams to build businesses of varying stages and sizes. Further information on Topspin can be found at www.topspinpartners.com.

About Intrepid

Intrepid Investment Bankers, a subsidiary of MUFG Union Bank, provides M&A, capital raising and strategic advisory services to entrepreneurs, private equity groups and middle-market companies. Intrepid is one of the most active mergers and acquisitions advisors in the Beauty & Personal Care sector. The Intrepid team has a deep understanding of trends and value-drivers across the sector, ongoing dialogue with the acquirer and investor universe, and a proven track record of helping clients sell to global strategic acquirers and value-added private equity groups.

MAMARONECK, NY – NOVEMBER 2018: Topspin Partners II, LP (“Topspin”), a suburban NY-based private equity fund focused on the lower middle-market, has exited its portfolio company PlayMonster LLC (“PlayMonster”), a leading manufacturer and distributor of family toys, games, preschool toys, creative activities and teaching tools. Over the past four years, Topspin, along with the PlayMonster team, created value by completing seven tuck-in acquisitions, launching several new product lines and expanding the Company’s marketing reach and efforts.

The acquirer, Audax Private Equity, has been focused on building leading middle market companies since 1999. Audax has invested $5 billion in 119 platform and 715 add-on companies. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value.

“PlayMonster is a unique, highly adaptable platform with a deep history in the toy industry and the ability to innovate quickly. The management team has done an exceptional job and positioned the company for continued growth under Audax’s control. We wish our management partners and all PlayMonster employees the very best in this exciting time to come,” said Steve Lebowitz, Managing Partner at Topspin.

Bob Wann, CEO of PlayMonster, stated, “As we look forward to partnering with Audax, we also thank the Topspin team for the value and support they provided to PlayMonster as our partners over the past four years. From the beginning, they shared our view for the potential of our business and helped us execute on both our M&A and organic growth strategies.”

Baird served as the exclusive financial advisor to PlayMonster on this transaction.

For more information on PlayMonster, please visit www.playmonster.com.

About PlayMonster

PlayMonster, headquartered in Beloit, WI, is a leading manufacturer and distributor of family toys, games, preschool toys, creative activities and teaching tools. The Company focuses on innovation through building brands and creating new categories, and maintains distribution across national chains and specialty stores in the U.S. and internationally. PlayMonster believes in the power of play to make a positive difference in people’s lives and has delivered on this goal through its quality products, such as “TOTY Game of the Year” Yeti in My Spaghetti®, “TOTY Doll of the Year” Wonder Crew®, The Game of THINGS…®, 5 Second Rule®, Relative InsanityTM, Farkle, Super Spinner®, Mirari®, Kid O®, and My Fairy Garden® among others.

About Topspin

Topspin Partners is a suburban NY-based private equity fund that makes investments in profitable and established lower middle-market businesses. The firm invests across a number of industries, including health and wellness, niche consumer, food and beverage and business services. The Topspin team has considerable operational expertise and collaborates with management teams to build businesses of varying stages and sizes. Further information on Topspin can be found at www.topspinpartners.com.

About Baird

Baird is a leading global investment bank focused on the middle market. Approximately 325 investment banking professionals in the U.S., Europe and Asia provide corporations, entrepreneurs, private equity and venture capital firms with in-depth market knowledge and extensive experience in merger and acquisition, debt advisory and equity financing transactions.