CINCINNATI-TSC Apparel partners with CenterGate Capital, a private equity investment firm. The firm states that its affiliate “has made an investment” in the apparel distributor.
The partnership aims to combine TSC’s wide network in the apparel market with the financial resources of CenterGate. Bob Winget, CEO of TSC Apparel, continues to lead the company and serve on the board of directors.
“We are excited about our partnership with CenterGate and what it means for our customers and vendors,” comments Winget. “CenterGate’s investment will provide the capital and strategic resources to continue to expand our products and market presence.”
TSC currently operates six warehouses nationwide, as well as three warehouses in China.
“We are very excited to partner with the entire TSC team,” says Tiffany Kosch, managing director at CenterGate Capital. “As a market leader, TSC is well-positioned to continue providing its unique combination of service and scale.”
Kosch adds that she believes the partnership “will provide access to additional opportunities and enable TSC to successfully continue executing its growth strategy.”
The announcement comes as the newest partnership agreement for the company this year. In April 2017, TSC Apparel officially announced a distribution partnership with Los Angeles Apparel, former American Apparel CEO Dov Charney’s new California-based basics line.
For more information, visit http://www.tscapparel.com.