TSG in TSG Consumer Partners stands for The Shansby Group. It is a limited liability company originally known as the Montgomery Consumer fund and was founded in 1987. The firm changed it's name in 1988 after it's founders J. Gary Shansby and Charles H. Esserman bought back the Montgomery Securities' interest. TSG Consumer Partners is approximated to have over $5 billion of assets under management spread out over various industries including but not limited to cosmetics, apparel e-commerce and food & beverage.