#United States #San Francisco #investment growth #VMG Partners #Consumer Fund VI

VMG Partners Closes $1 Billion in Consumer Fund VI

In a landmark achievement, VMG Partners, a prominent growth equity firm based in San Francisco, has officially closed its Consumer Fund VI at an impressive target and hard cap of $1.0 billion. As a firm dedicated to partnering with entrepreneurs who seek to revolutionize consumer brands and technologies, this recent closure signifies a major leap in their ongoing mission to reshape the consumer landscape.

Strengthening Partnerships and Supporting Innovation

Robin Tsai, a General Partner at VMG, expressed gratitude towards both returning and new limited partners, noting that their support is integral to the company's future endeavors. He stated, "We are humbled by the support of our returning and new limited partners, which enables us to continue collaborating with exceptional founders, operators and the broader ecosystem." This collaborative spirit exemplifies VMG's commitment to rolling up their sleeves and helping founders build brands that redefine consumer experiences.

Wayne Wu, another General Partner, echoed this sentiment, stating that VMG's innovative approach is driven by a mission to benefit the consumer ecosystem. Wu emphasized the strategic mentorship provided by their limited partners, many of whom have supported VMG since its inception, highlighting the importance of establishing lasting partnerships within the investment community.

Two Decades of Impactful Investment

With over twenty years of experience, VMG has strategically invested in more than 60 visionary consumer brands, including popular household names like KIND Snacks, Spindrift, Drunk Elephant, and [solidcore]. These partnerships reflect VMG's ability to identify high-growth brands that resonate with consumers daily, demonstrating their forward-thinking approach to investment in the dynamic consumer market.

Mike Mauzé, another General Partner at VMG, noted, "For nearly twenty years, we've thrived in shifting market conditions by identifying high-growth brands that consumers use every day." The closure of Consumer Fund VI marks a significant milestone for the firm, illustrating the dedication of its leadership team in exceeding expectations and generating impactful results across market cycles.

Comprehensive Support for Growth

VMG Partners operates with the belief that true innovation drives the consumer landscape forward. Founded in 2005, the firm not only supports businesses financially but partners with them in a manner that promotes sustainable growth. They focus on a diverse set of sectors, including beauty and personal care, food and beverage, health and wellness, and technology, proving that their expertise spans beyond mere investment.

The firm has been recognized for its role in fostering entrepreneurship and supporting the operations of the brands it has invested in. From mergers and acquisitions to driving operational excellence, VMG is dedicated to ensuring that their partner brands not only grow but thrive in a competitive market.

This also highlights the firm’s commitment to transparency and integrity in its operations. PJT Park Hill acted as the Placement Agent for the closing of Consumer Fund VI, with legal support provided by Latham & Watkins to ensure all transactions were executed in accordance with legal standards.

Conclusion

With the closing of Consumer Fund VI, VMG Partners is poised to further establish itself as a leader in the growth equity space dedicated to transformative consumer brands. Their track record of successfully identifying and nurturing high-impact investments showcases their deep understanding of consumer needs and trends. As they move forward, their commitment to fostering innovative brands remains steadfast, inspiring a new generation of entrepreneurs and setting a benchmark for future investments in the consumer sector.