Flexible capital at scale
We invest up and down the capital structure, acting as a one-stop partner for management teams and sponsors with solutions tailored to each situation.
Consumer and Retail
Flexible, long-term capital for leading consumer and retail businesses
Partnering with established brands and high-growth multi-unit and route-based service operators
$5b+
Consumer and Retail investments since inception1
15+
Consumer and Retail investments since inception2
$140b+
Firm assets under management*
1. Consumer and Retail equity invested and committed as of 8/31/26
2. Consumer and Retail investments as of 8/31/26
What we do
What we do
We look to partner with exceptional management teams who are building differentiated and durable businesses across the consumer spectrum, supporting organic growth, acquisitions, refinancings and shareholder liquidity events with patient capital.
Why partner with Sixth Street?
Consumer businesses operate in a continuously shifting environment of evolving preferences, technological advances and the transformation of retail. We bring deep sector knowledge to each partnership, backing great operators of proven, durable businesses.
Sector-led conviction
Drawing on deep domain expertise and an extensive network, we identify strong emerging themes within the consumer sector and move with agility.
Active, long-term partnership
We remain engaged through the natural ebbs and flows of consumer businesses, bringing capital, relationships and strategic perspective to each partnership.
Strategic capital solutions
Collaboration in action
Partnering with leading consumer businesses to deliver tailored solutions that address strategic needs and create lasting value
Franchise platform
Sixth Street is a partner to leading Wingstop franchisees in the U.S. and internationally in key growth markets. In 2023, Sixth Street co-led a significant growth investment in Far West Services, a Wingstop franchisee operating across the western U.S. In 2024, Sixth Street made a majority investment in Lemon Pepper Holdings, the master franchisee for Wingstop in the U.K. and Ireland, to support the brand's continued international expansion.
Debt financing
In 2024, Sixth Street co-led a $1.8b strategic investment in Equinox, a leader in the high-performance luxury fitness sector. Drawing on deep sector experience and direct lending expertise, Sixth Street structured a financing solution to refinance maturing loans and support continued club expansion and general corporate purposes.
Growth acquisition
In 2025, Sixth Street made a strategic investment in CR Fitness Holdings, the nation's largest franchisee in the Crunch Fitness system. The investment was structured to support the company's continued growth, in partnership with North Castle Partners, the company's majority shareholder.
Strategic investment
In 2026, Sixth Street made a growth investment in Power Home Remodeling, one of the nation's largest full-service exterior home remodelers, alongside Bain Capital and Harvest Partners. With more than one million lifetime customers, over 5,000 employees and operations across 26 territories nationwide, Power has built a market-leading business supported by its differentiated operating model and proprietary technology platform. Sixth Street’s investment supports the company's continued expansion and next phase of growth.
Sector expertise
Consumer services
Health and wellness
Multi-unit and franchise
Residential services
Tech-enabled consumer
Food and beverage
News and insights
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Let's work together
Every great partnership starts with a conversation. Let’s discuss how we can accelerate your ambitions.