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Private Equity
topspinpartners.com

Investments

65

Portfolio Exits

25

Funds

7

Partners & Customers

3

About Topspin Consumer Partners

Topspin Consumer Partners is a lower middle-market private equity fund based on Long Island that acquires smaller middle-market companies across the continental United States. The firm works with companies across a variety of industry sectors, applying a long-term mindset to the creation of company value. Topspin helps a variety of current and potential stakeholders - founders, family owners, management teams, fundless sponsors, and merchant bankers - realize a wide array of financial and operating objectives.

Headquarters Location

One Station Plaza Suite 2B

Mamaroneck, New York, 10543,

United States

914-834-7370

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Expert Collections containing Topspin Consumer Partners

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Latest Topspin Consumer Partners News

Coop™ Sleep Goods and Comphy™ Merge to Bring Together the Industry Experts in Sleep

Aug 21, 2023

By Coop Sleep Goods By Coop Sleep Goods The Topspin Consumer Partners portfolio company creates one of the sleep space's most comprehensive partnerships with shared mission to help people everywhere achieve a more comfortable night's rest. COSTA MESA, Calif., Aug. 2, 2023 /PRNewswire-PRWeb/ --   Coop Sleep Goods , a Topspin Consumer Partners portfolio company, has merged with Comphy , thus leveraging the complementary nature of their brand portfolios and offering the very best sleep experience possible for every type of sleeper. This partnership combines and expands the companies' award-winning offerings of fully adjustable sleep products and luxurious comfort and feel linens. As partners, Coop and Comphy provide a combined offering of functional luxury – an unmatched proposition in fit, form and feel thus far. Aligned in innovation and core values, Coop and Comphy are both family-founded companies, created to solve universal issues within the sleep industry – for Coop, offering comfort and support customization for consumers, and for Comphy, blending durability & sustainability with supreme softness. The new family of brands offers one seamless destination to design the perfect sleep environment from start to finish: personalize your sleep with Coop's adjustable pillows and bedding options, complemented and enhanced by Comphy's promise of luxurious comfort. Coop Sleep Goods is the creator of innovative sleep solutions, including the top-rated pillow by Consumer Reports for four straight years. Created by sibling-team Jin and Kevin Chon, Coop was founded in 2013 following the fruitless search for a solution for Kevin's severe sleep issues that stemmed from chronic neck and back pain. The brand designs high performance, adjustable sleep products that cater to each individual's unique size, shape and sleep position, so that every person can rest comfortably and wake up feeling their best. Founded in 2003, Comphy is the world's leading luxury hotel and spa linen, beloved by global hospitality icons, such as The Ritz Carlton, Miraval and The Four Seasons for blending supreme softness with sustainability and durability. While working as a Spa Director, Founder Mia Richardson recognized an unmet need for luxury linens that could withstand the rigors of commercial use and laundering. Through years of meticulous research and development, she pioneered Comphy's signature high performance linen. Upon launch, Comphy quickly became the leading hotel and spa linen brand, with an impressive 97% adoption among Forbes 5-Star rated properties. By leveraging the unique strengths of these two exceptional brands, Coop and Comphy further cement their positions as industry leaders, while increasing their scale and driving future innovation. "The unwavering goal of Coop has been, from the start and above all, to improve the lives of as many people as possible through better sleep," said Kevin Chon, Co-Founder of Coop Sleep Goods. "In Comphy, we have found a partner that shares our values and vision. Comphy is making it possible for us to continue to enable a seamless journey for customers, focused on delivering your personal best sleep." "We are excited and honored to partner with Coop Sleep Goods, a combination of two companies dedicated to creating the ultimate sleep possible and elevating the everyday," said Mia Richardson, Founder of Comphy. "This is the beginning of a new and exciting journey – one that is also the culmination of a voyage of discovery that began nearly 30 years ago. This merger will allow us to deepen our reach in the sleep category and bring our products to more homes across the country." About Coop™ Sleep Goods Coop Sleep Goods is a fast-growing, digitally native leader of the adjustable, customizable sleep category. The creator of the #1 Consumer Reports-rated, first fully adjustable pillow, they offer a suite of ingeniously designed bedding products that cater to each individual's unique size, shape, and sleep position. Innovation-driven, Coop employs the highest quality construction and materials to meet the needs of every sleeper, and ensure they wake up feeling their best. Learn more and shop at coopsleepgoods.com . About Comphy™ Feeling is believing with Comphy's impeccably crafted linens, the golden standard for luxury properties worldwide. For over 20 years, Comphy has been the original 5-star spa & hotel linen brand, developed to blend sumptuous softness with durability and sustainability. The bed & bath line launched in 2008, as spa clients began to request luxury linens home as well. In world renowned properties or from the comfort of home, Comphy's premium microfiber linens are hypoallergenic, antimicrobial, moisture-wicking, recyclable, and scientifically proven to promote a better night's sleep – all with a famous soft and beautiful drape. Learn more and shop at comphy.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 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. For more information, please visit topspincp.com . Pull Quote "In Comphy, we have found a partner that shares our values and vision. Comphy is making it possible for us to continue to enable a seamless journey for customers, focused on delivering your personal best sleep" - Kevin Chon, Co-Founder of Coop Sleep Goods. Media Contact

Topspin Consumer Partners Investments

65 Investments

Topspin Consumer Partners has made 65 investments. Their latest investment was in P11creative as part of their Private Equity on October 10, 2023.

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Topspin Consumer Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/25/2023

Private Equity

P11creative

Yes

1

1/11/2022

Private Equity

Mission

Yes

1

8/17/2021

Private Equity

Coop Home Goods

Yes

2

8/10/2021

Private Equity

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10

3/29/2021

Series D

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$99M

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10

Date

10/25/2023

1/11/2022

8/17/2021

8/10/2021

3/29/2021

Round

Private Equity

Private Equity

Private Equity

Private Equity

Series D

Company

P11creative

Mission

Coop Home Goods

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Amount

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

2

10

10

Topspin Consumer Partners Portfolio Exits

25 Portfolio Exits

Topspin Consumer Partners has 25 portfolio exits. Their latest portfolio exit was 2-20 Records Management on October 04, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/4/2022

Acquired

$99M

5

9/27/2021

Acq - Fin - II

$99M

2

9/25/2020

IPO

$99M

Public

2

4/24/2020

IPO

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$99M

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10

10/31/2019

IPO

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$99M

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10

Date

10/4/2022

9/27/2021

9/25/2020

4/24/2020

10/31/2019

Exit

Acquired

Acq - Fin - II

IPO

IPO

IPO

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Public

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Sources

5

2

2

10

10

Topspin Consumer Partners Acquisitions

23 Acquisitions

Topspin Consumer Partners acquired 23 companies. Their latest acquisition was Three Dog Bakery - Consumer Products on June 21, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/21/2023

$99M

Acquired Unit - Fin

4

2/26/2020

$99M

Acq - Fin

1

9/23/2019

$99M

Acq - Fin - II

2

11/29/2017

Other

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$99M

$99M

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10

11/7/2016

Debt

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$99M

$99M

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10

Date

6/21/2023

2/26/2020

9/23/2019

11/29/2017

11/7/2016

Investment Stage

Other

Debt

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

$99M

Note

Acquired Unit - Fin

Acq - Fin

Acq - Fin - II

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Sources

4

1

2

10

10

Topspin Consumer Partners Fund History

7 Fund Histories

Topspin Consumer Partners has 7 funds, including Topspin Consumer Partners II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/16/2021

Topspin Consumer Partners II

$205M

2

9/1/2020

Topspin Partners III

$99M

10

9/1/2020

Topspin Associates III

$99M

10

10/24/2016

Topspin LBO SPV

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$99M

10

7/23/2014

Topspin Partners II LP

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$99M

10

Closing Date

6/16/2021

9/1/2020

9/1/2020

10/24/2016

7/23/2014

Fund

Topspin Consumer Partners II

Topspin Partners III

Topspin Associates III

Topspin LBO SPV

Topspin Partners II LP

Fund Type

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Status

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Amount

$205M

$99M

$99M

$99M

$99M

Sources

2

10

10

10

10

Topspin Consumer Partners Partners & Customers

3 Partners and customers

Topspin Consumer Partners has 3 strategic partners and customers. Topspin Consumer Partners recently partnered with Jove Equity Partners on June 6, 2014.

Date

Type

Business Partner

Country

News Snippet

Sources

6/5/2014

Partner

United States

Posted on June 5, 2014 by Accelerate Admin. Accelerate Long Island and the Long Island Emerging Technologies Fund Announce $500K in Funding for Five Biotech and Clean Energy Startups

Our partnership with Accelerate Long Island is providing much needed seed funding to high-tech and biotech startups to advance the commercialization of technologies developed at Long Island Emerging Technologies Fund 's renowned research institutions .

1

11/7/2013

Partner

United States

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10

11/6/2013

Partner

United States

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10

Date

6/5/2014

11/7/2013

11/6/2013

Type

Partner

Partner

Partner

Business Partner

Country

United States

United States

United States

News Snippet

Posted on June 5, 2014 by Accelerate Admin. Accelerate Long Island and the Long Island Emerging Technologies Fund Announce $500K in Funding for Five Biotech and Clean Energy Startups

Our partnership with Accelerate Long Island is providing much needed seed funding to high-tech and biotech startups to advance the commercialization of technologies developed at Long Island Emerging Technologies Fund 's renowned research institutions .

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Sources

1

10

10

Topspin Consumer Partners Team

8 Team Members

Topspin Consumer Partners has 8 team members, including current Founder, Managing Partner, Leo A. Guthart.

Name

Work History

Title

Status

Leo A. Guthart

Founder, Managing Partner

Current

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Name

Leo A. Guthart

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Work History

Title

Founder, Managing Partner

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Status

Current

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