Consumer and Internet

Our Approach

Partnership Capital

We partner with management teams and provide strategic capital to companies operating across the consumer and internet sectors.

Flexible Solutions

We utilize our flexible capital to make investments supporting organic growth, acquisitions, refinancings, working capital management, and shareholder liquidity.

Domain Expertise

Our team has deep domain expertise and is active across consumer services, multi-unit businesses, franchisor / franchisee, health & wellness, digital marketplaces, e-commerce, consumer subscription, tech enabled consumer, and branded intellectual property.

Consumer Services

Multi-Unit & Franchise

Health & Wellness

Digital Marketplaces & E-commerce

Consumer Subscription

Tech-Enabled Consumer

Branded Intellectual Property

Consumer and Internet

Our Solutions

Growth Capital

We partner with management teams and provide capital to accelerate growth and support strategic initiatives.

Preferred Equity

We offer custom equity financings including convertible preferred equity, redeemable preferred equity, or other equity solutions with the ability to combine these with secured debt financing.

Direct Lending

We provide asset-backed and custom debt or debt-like financing solutions and can tailor terms and structure to provide flexible, rapid, and fully committed financings to meet companies’ unique goals.

Acquisition Capital

We provide companies with committed capital to finance an acquisition or a series of acquisitions. Our solutions can be provided in the form of debt, equity, or a combination of both.

Refinancings & Recapitalizations

We offer flexible debt and equity solutions to replace or augment existing capital structures or to recapitalize companies’ shareholder bases.

SELECT INVESTMENTS

In April 2020, Sixth Street co-led a $1 billion investment in Airbnb, the trusted global travel experience marketplace.

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SELECT INVESTMENTS

In 2016, Sixth Street co-led a $1 billion convertible investment in Spotify, the leading digital streaming company. Spotify went public in 2018 through a direct listing.

SELECT INVESTMENTS

In 2019, the Sixth Street team led a $125 million financing for Maurice’s, the women’s apparel company. The financing facilitated the company’s carve-out acquisition from Ascena Retail Group by OpCapita.

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Mindbody is the leading experience technology platform for the fitness, wellness, and beauty industries. In 2021, Sixth Street led a $500 million strategic investment as part of Mindbody’s acquisition of ClassPass, a monthly subscription service providing access to the world’s most extensive network of fitness and wellness experiences.

SELECT INVESTMENTS

In April 2014, Sixth Street co-led a $750 million investment in Chobani, the popular Greek yogurt brand.