Thompson Street Capital Partners takes growth stake in Kinneberg Management Group
Minneapolis-based retail commerce enablement provider helping consumer brands win across large U.S. retail channels; terms not disclosed.
Thompson Street Capital Partners has completed a growth investment in Kinneberg Management Group, according to a Business Wire release dated November 10, 2026. Founder and CEO Doug Kinneberg will retain a significant ownership stake and continue to lead the company with its existing leadership team. Terms were not disclosed.
Founded in 2014 and headquartered in Minneapolis, Minnesota, Kinneberg Management Group provides consumer brands with retail support from pitching products and securing shelf space to negotiating with retailers, keeping products in stock and managing retail media. It also provides category management services directly to retailers, and lists Target, Walmart, Sprouts and Sam's Club among its retail relationships.
Dan Cooper, Managing Director at Thompson Street, said the firm would support the team as it extends KMG's reach to new brands and retailers. Craig-Hallum Capital Group served as financial adviser to KMG, with Simon Counsel as its legal counsel. Kirkland & Ellis LLP advised Thompson Street.
Deal facts
- Target
- Kinneberg Management Group
- Business
- Retail commerce enablement provider helping consumer brands sell through large U.S. retail channels
- Investor
- Thompson Street Capital Partners
- Deal type
- Investment
- Headquarters
- Minneapolis, Minnesota
- Advisers
- Craig-Hallum Capital Group financial adviser to Kinneberg Management Group
- Simon Counsel legal counsel to Kinneberg Management Group
- Kirkland & Ellis LLP legal counsel to Thompson Street Capital Partners
- Status
- Completed
- Announced
- Monday, November 9, 2026
Sources
- Business WireNov 10, 2026
- AOL.comNov 10, 2026
- rutlandherald.comNov 9, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.