Austin, TX (October 5, 2017) - CenterGate Capital ("CenterGate"), an Austin-based private equity investment firm, announced today that its affiliate has made an investment in TSC Apparel ("TSC"), an industry-leading distributor of imprintable apparel products and accessories.
Headquartered in Cincinnati, Ohio, TSC is a leading national B2B distributor of imprintable activewear and accessories, stocking and sourcing thousands of styles of tees, fleeces, headwear, sport shirts, outerwear, and accessories. TSC services its customers from its nationwide footprint of strategically located regional distribution centers. CEO Bob Winget, who has been with TSC since 2001, will continue to lead the company and serve on its Board of Directors.
"We are excited about our partnership with CenterGate and what it means for our customers and vendors," commented Winget. "CenterGate's investment will provide the capital and strategic resources to continue to expand our products and market presence."
Tiffany Kosch, Managing Director at CenterGate Capital, added, "We are very excited to partner with the entire TSC team. As a market leader, TSC is well-positioned to continue providing its unique combination of service and scale. We believe our partnership will provide access to additional opportunities and enable TSC to successfully continue executing its growth strategy."
About TSC Apparel
TSC Apparel is an industry-leading national B2B distributor of imprintable apparel products and accessories. Headquartered in Cincinnati, Ohio, TSC stocks and sources thousands of styles of casual shirts, fleeces, headwear, sport shirts, outerwear, and accessories from six warehouses nationwide and three warehouses in China.
About CenterGate Capital
CenterGate Capital is a private equity firm that supports companies' growth and helps drive value through a dynamic partnership and supportive capital. CenterGate enables companies to realize their potential by supplementing management's operational and industry expertise with CenterGate's diverse business guidance and insight. CenterGate focuses on investing in lower middle market companies with $20 to $250 million of revenue. For more information, please visit www.centergatecapital.com.