
TZP Group
888 7th Ave, 20th Floor, New York, NY, 10106, United States
Overview
TZP Group is a private equity firm focused on control investments in US-based business and consumer services companies with enterprise values generally up to $200 million. TZP targets companies with solid historical profitability and sustainable value propositions, and aims to be a "partner of choice" for business owners and management teams. TZP seeks to invest primarily in closely held, private companies where the owners desire to retain a significant stake and partner with an investor with complementary operating and financial skills to accelerate company growth, increase profitability and maximize the value of their retained stake.
- Total investments
- 4
- Lead investments
- 4
- Investments · 12mo
- 0
- Active investors
- 6
Investment portfolio
- TruVideo
Led · Equity · Dec 2024
TruVideo provides AI-driven video and messaging solutions and AR-enabled communication technology that help customers see and understand services recommended by experts. Its platform is used across industries including transportation, service providers, technology companies, and other customer-focused businesses. The company positions its products as bridging a longstanding communication gap between providers and their clients. TruVideo is led by CEO Joe Shaker and CTO Douglas Chrystall. The company intends to use new funding to accelerate innovation, product development, customer service and market expansion. The firm is based in Wellesley, MA.
- Finzly
Led · Series A · Oct 2023
Finzly provides payments infrastructure and Banking-as-a-Service via its core product, FinzlyOS, a cloud-based, API-enabled operating system that runs in parallel to a bank’s core. The platform includes a multi-rail payment hub, foreign exchange, trade finance, compliance, and commercial banking experience components. Finzly enables banks, fintechs, and businesses to create programmable banks and to access payment networks through a single API connection. The company is led by CEO Booshan Rengachari and is headquartered in Charlotte, NC. Finzly intends to use recent funding to accelerate business expansion and to enhance its platform offerings. No revenue or user metrics were disclosed in the article.
- Wave Sports + Entertainment
Led · Series B · Feb 2022
Founded in 2017 by Brian Verne and Ishaan Sutaria, Wave Sports + Entertainment owns and operates more than 100 social media channels that span every sport from basketball to cricket. Its flagship Instagram accounts—including WAVE.TV, Greatest Highlights, No Huddle, Best Goals, and Break Ankles Daily—each attract more than one million followers. Collectively, the company reaches 24 million followers, generates 725 million monthly content views, and drives 50 million monthly engagements. Content is produced through a decentralized newsroom model that allows dedicated sports fans to create and curate material tailored to their communities. The company focuses on delivering short-form, high-impact sports content on the platforms where fans already spend their time. Proceeds from its recent funding will be used to expand the network’s reach and invest in new original content initiatives.
- Knix Wear
Led · Equity · May 2021
Knix is a Canada-based direct-to-consumer intimate apparel brand selling intimate apparel and related products. The company will use the new funds to support product innovation, brand building and to expand its North American fleet, and to develop its virtual fit programme. Knix also plans to launch new products and add more retail stores. The company reported strong growth, citing a five-year average annual growth rate of 150% and 3,800% three-year growth, and was named the 6th fastest growing company in Canada. Knix says it is highly profitable and is aiming to soon generate more than US$100 million in revenue. Knix designs and sells ‘high-tech’ intimates and wire-free bras using fabrics from outerwear and athletic apparel and its patented Fresh Fix Technology, which it says offers leak-resistant and odour-eradicating performance. The company began in 2013 with an Indiegogo campaign and has since expanded from e-commerce into brick-and-mortar, opening stores in Vancouver and downtown Toronto and forming a partnership with Nordstrom. Knix’s product line includes the Evolution bra — a fully reversible 8-in-1 design — and seamless underwear that the founder pitched via crowdfunding. The brand emphasizes comfort and functional features aimed at replacing traditional lingerie. Financially, Knix has raised seed funding from individual backers and angels, more than $1M via crowdfunding, and recently secured a new $5.7M financing. Institutional backers to date have been limited, with early seed support from Kathryn From and John Bahr. Knix Wear is an active intimates brand founded in May 2013 and based in Toronto. Its flagship product line began with leak-proof, absorbent underwear and has expanded to include the Evolution Bra, an 8-way, fully reversible, underwire-free bra with patented bonded construction. The Evolution Bra includes anti-odor, anti-microbial, moisture-wicking and quick-dry technologies and four-way stretch; it ships in sizes spanning 32A to 42DD across multiple size groupings. The company used customer research and feedback from thousands of Kickstarter backers to develop a virtual fit tool, scheduled to launch in June 2016, to improve sizing accuracy. The Evolution Bra is commercially available on Knix Wear's website now (sizes 1-4), with sizes 5-8 due in August. Knix's product line is sold in over 350 retailers across 10 countries as well as online.