Cleveland, OH – Brown Gibbons Lang & Company (“BGL”) is pleased to announce the sale of TSC Apparel, LLC (“TSC Apparel”) to an affiliate of CenterGate Capital (“CenterGate”). BGL’s Consumer & Retail team served as the exclusive financial advisor to TSC Apparel. Terms of the transaction were not disclosed.
TSC Apparel is a leading national B2B distributor of imprintable activewear and accessories, stocking and sourcing thousands of styles of tees, fleece, headwear, sport shirts, outerwear, and accessories. The company is headquartered in Cincinnati, Ohio and services its customers from its nationwide footprint of strategically located regional distribution centers.
CenterGate Capital is a middle market private equity firm that helps companies maximize growth and value through partnership and capital. CenterGate enables companies to realize their potential by supplementing management’s operational and industry expertise with CenterGate’s transactional and business experience.
Bob Winget, TSC Apparel’s Chief Executive Officer, said, “We enjoyed a great 17 plus years with our previous ownership group as we grew into a national platform and valued partner for both our suppliers and customers. We are excited about the next phase of growth and continuing to provide excellent service both up and down the supply chain. BGL did a fantastic job for all of our stakeholders and helped our team select not just a new capital provider, but the right strategic partner.”