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