Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, Missouri, has made a growth investment in Kinneberg Management Group (KMG), a retail commerce enablement company that helps consumer brands expand their presence across major US retail channels.
The financial terms of the transaction were not disclosed. KMG founder and CEO Doug Kinneberg will retain a significant ownership stake and continue leading the business alongside its existing management team.
Founded in 2014 and headquartered in Minneapolis, Minnesota, KMG helps emerging and established consumer brands manage the process of entering and growing within major retail markets.
Its services cover the full retail journey, including product pitching, securing shelf space, retailer negotiations, inventory management and retail media support. The company also provides category management services directly to retailers.
KMG works with major retail chains, including Target, Walmart, Sprouts and Sam’s Club. Its services combine retailer relationships, category expertise, data analytics and operational support to help brands expand distribution, increase product sales and build long-term retail partnerships.
Investment to Support KMG’s Growth
The investment from TSCP is expected to support KMG’s continued growth and expansion in the retail commerce market. The partnership will bring additional private equity backing while allowing founder Doug Kinneberg to maintain a significant ownership position and continue managing the company.
Craig-Hallum Capital Group served as financial advisor and Simon Counsel served as legal counsel to KMG. Kirkland & Ellis LLP acted as legal counsel to TSCP.
About Thompson Street Capital Partners
Founded in 2000, Thompson Street Capital Partners is a private equity firm focused on founder-owned middle-market businesses. Its investment areas include life sciences and healthcare, software and technology, business and consumer services, and consumer products.
The firm has acquired more than 250 companies and reported assets under management of over $4.5 billion as of June 30, 2026. TSCP works with management teams to support business growth through organic expansion and complementary acquisitions.
