TSG Consumer Partners Completes Sale Of Island Oasis To Kerry Group
San Francisco, CA, November 6, 2015 -- TSG Consumer Partners LLC, a leading investment firm focused exclusively on the branded consumer sector, today announced that it has completed its sale of Island Oasis, Inc. to Kerry Group PLC.
“Island Oasis has grown significantly since 2009, when we began our partnership with the company. It now boasts a leading distribution system and an enhanced product offering across fruit, dairy, coffee and performance nutrition,” said Brian Krumrei, Managing Director at TSG. “We’ve enjoyed working with the team at Island Oasis as they successfully increased their customer base to more than 17,000 clients which today including international, national and regional chains, QSR’s and independents. We look forward to watching the company’s continued growth as part of the Kerry Group.”
Island Oasis is a category leading provider of all-natural premium cocktail mixes and customized beverage solutions serving ‘on-premise’, restaurant, leisure and hospitality segments of the U.S. market. Distributed and marketed though national and regional chains, QSR’s and independents; the Island Oasis portfolio includes innovative frozen and shelf-stable fruit purées, coffee blends, performance nutrition beverage systems and customized ‘on-premise’ beverage equipment. Headquartered in Walpole (MA), the business operates from manufacturing facilities in Byesville (OH) and Buffalo (NY).