TZP Group Acquires Majority Stake in SAXX Underwear

TZP Group Makes Strategic Growth Investment in SA Company

October 21, 2020

E-Commerce

TZP Group, through TZP Capital Partners III, LP, made a strategic minority investment in SA Company, a Boca Raton-based direct-to-consumer outdoor apparel and accessories brand. Terms were not disclosed; founder and CEO Thomas DeSernia Jr. and the DeSernia family will remain in management and retain a meaningful ownership stake as TZP supports growth, brand awareness and expanded retail distribution.

TZP Group Acquires Majority Stake in Kindred Bravely

April 12, 2021

Consumer Products

TZP Group (via TZP Small Cap Partners II) has acquired a majority stake in Akerson Enterprises LLC d/b/a Kindred Bravely, a digitally-native direct-to-consumer maternity and nursing apparel brand. Founders Deeanne and Garret Akerson will remain co-CEOs and retain a significant ownership stake as TZP partners with management to accelerate the company's growth.

TZP Group Invests in Soccer Post; Alex Morgan Joins as Investor

November 21, 2022

Retail

TZP Group has made a growth investment in Soccer Post, the largest local-market-focused omni-channel soccer specialty retailer in the U.S., to support the company's national expansion across e-commerce, physical stores, and institutional channels. Soccer star Alex Morgan also joined as an investor and brand ambassador to support community engagement and future store ownership.

TZP Group Acquires Home Brands Group Holdings (Re-Bath)

November 9, 2021

Construction

TZP Group LLC, alongside a group of co-investors, acquired Home Brands Group Holdings Inc., the parent company of Re-Bath, the nation’s largest complete bathroom remodeling franchise. The investment will support Re-Bath’s continued franchise expansion, technology and team investments, and efforts to capture additional market share in the growing residential bathroom remodeling market.

Blackstone Acquires Majority Stake in SPANX

October 20, 2021

Consumer Products

Blackstone (through its Blackstone Growth and Tactical Opportunities businesses) agreed to acquire a majority stake in SPANX, Inc. at a $1.2 billion valuation, with founder Sara Blakely retaining a significant equity stake and becoming Executive Chairwoman. The investment is intended to accelerate SPANX's digital transformation, expand its global footprint, and support product and category growth across e-commerce and retail channels.

TZP Group Invests in True Lacrosse to Launch True Sports Group

October 7, 2025

Education

TZP Group completed a strategic investment in True Lacrosse to launch True Sports Group, a national youth sports platform headquartered in Illinois. The investment will support True Sports' expansion of youth travel teams, tournaments, camps and clinics and enable organic growth and add-on acquisitions while partnering with co-founders Jake Deane and Mike Gabel.