Consumer-focused private equity firm
Topspin Consumer Partners
- HeadquartersMamaroneck, NY S5
- Websitetopspincp.com
- Last verifiedOctober 27, 2026
At a glance
| Assets under management | $830M (as of Apr 2026) S6 |
|---|---|
| Latest fund | Topspin Consumer Partners III, $328M (Apr 2026) S6 |
| EBITDA range | Up to $25M S2 |
| Revenue range | Up to $200M S2 |
| Check size | $10M to $50M S2 |
| Deal types | Platform, Add-on, Minority S2 |
| Geography | United States S2 |
| Sectors | Consumer & Food |
What Topspin Consumer Partners buys
Topspin Consumer Partners is a private equity firm in Mamaroneck, New York, that invests only in the consumer sector: health and wellness, personal care and beauty, food and beverage, household goods, pet and children's products. It also backs companies that serve consumer brands, such as co-manufacturers, co-packers and e-commerce sellers. Topspin wants to be the first institutional investor in a business and takes either control or a significant minority stake. New platforms should have revenue under $200 million and EBITDA of up to $25 million, and Topspin puts in $10 million to $50 million of equity, more with co-investors.
The firm closed Topspin Consumer Partners III at $328 million in April 2026, above its original hard cap, and says it manages about $830 million. Platforms must be based in the US, but add-ons can be anywhere and have no minimum size. That makes a small brand a natural add-on for a holding such as SportPet, which bought the Mammoth Pet Products dog toy line in 2025, or Three Dog Bakery in dog treats.
Recent deals
Announced in the 24 months before October 27, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Apr 2026 | Topspin Consumer Partners IIIThird fund closed oversubscribed at $328 million, above its original hard cap | Fund close | Source | |
| Feb 2026 | GridFounder-led Dallas maker of lockers and sport flooring for gyms, schools and wellness sites; second commitment from Fund III | Investment | Industrial & Manufacturing | Source |
| Jan 2025 | Mammoth Pet ProductsDog toy brand known for rope tug toys added to SportPet | Add-on | Consumer & Food | Source |
Portfolio by sector
From the firm's portfolio page S4.
Apparel and Accessories, Health and Wellness
- Mission
Beauty, Personal Care
- Japonesque
Consumer & Food
- Carpe
- Three Dog Bakery
e-commerce
- Recom
Household goods, Health and wellness
- Coop Sleep Goods
Household Products
- Polder
Household Products, Health & Wellness
- Bear Down Brands
Industrial & Manufacturing
- Grid
Pet
- SportPet
Specialty Retail
- Palmetto Moon
Past investments: PlayMonster, Remedy Health Media, Utrecht Manufacturing Company, JD Beauty
Greymont’s take
How Topspin Consumer Partners fits a seller
Topspin is a good match for the founder of a growing consumer brand who has not taken outside money before and wants help with retail distribution, marketing and operations. Because it will take a significant minority stake as well as control, an owner can sometimes keep more of the company than in a typical buyout. Founders often stay on: Carpe's two co-founders kept leading the business after Topspin invested in 2024, and Grid's founder and chief executive is staying to scale the company.
Topspin encourages owners and managers to roll part of their equity into the deal and gives executives equity incentives. It also tends to hold companies for a long time, with Polder, Palmetto Moon and Bear Down Brands owned since 2016 and 2017. An owner should ask how long Topspin plans to stay invested and, if it takes a minority position, how major decisions are shared.
Questions owners ask
How big does a company need to be for Topspin?
For a new platform, revenue under $200 million and EBITDA of up to $25 million, with $10 million to $50 million of Topspin equity. There is no minimum size for add-ons to its existing companies.
Will Topspin take a minority stake?
Yes. It requires either control or a significant minority stake and wants to be the main institutional investor, while leaving day-to-day leadership and decisions with the management team.
Does Topspin have new capital to invest?
Yes. In April 2026 it closed Topspin Consumer Partners III at $328 million, above its original hard cap. Grid, announced in February 2026, was the second investment from that fund.
What kinds of consumer businesses does Topspin own today?
Current holdings include Bear Down Brands (Pure Enrichment and Bentgo), Coop Sleep Goods pillows, Japonesque beauty tools, Mission cooling gear, Carpe antiperspirants, SportPet, Three Dog Bakery dog treats and Recom, an Amazon selling partner for brands.
Sources
- S1Topspin Consumer Partners home page Accessed October 27, 2026
- S2Topspin Consumer Partners: Criteria Accessed October 27, 2026
- S3Topspin Consumer Partners: Partnership Approach Accessed October 27, 2026
- S4Topspin Consumer Partners: Investment Portfolio Accessed October 27, 2026
- S5Topspin Consumer Partners: Contact Us Accessed October 27, 2026
- S6Topspin Consumer Partners Closes Oversubscribed Fund III at $328 Million (April 15, 2026) Accessed October 27, 2026
- S7Topspin Consumer Partners Invests in Grid (February 24, 2026) Accessed October 27, 2026
- S8SportPet Acquires Mammoth Pet Products (January 22, 2025) Accessed October 27, 2026
- S9Topspin Consumer Partners Invests in Sweat Control Brand Carpe (August 20, 2024) Accessed October 27, 2026
- S10Topspin Consumer Partners: News Accessed October 27, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Topspin Consumer Partners. Figures are as reported on the dates shown and may have changed. Request a correction