In conjunction with the formation of HomeRiver in 2016, TZP Group (“TZP”), a private equity firm based in New York, made a majority investment in HomeRiver. TZP has reserved additional capital to support growth of the business including tuck-in and add-on acquisitions.
Founded in 2007, TZP is focused on investments in consumer and business services companies. TZP has more than $700 million of capital under management across three funds. TZP aims to be a “Partner of Choice” for entrepreneurial owners and management teams by taking an active, collaborative and creative approach to maximizing value in each investment. TZP invests 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.