Since 1986, Phillips-Smith (PSMVP) has provided equity capital and strategic support for consumer oriented companies which are seeking to become leading regional or national businesses. The firm is managed by several of the most experienced consumer private equity investors in the United States. Its principals combine to have over 100 years of operating, investing and financial experience in the consumer sector. Phillips-Smith has previously operated as Phillips-Smith Specialty Retail Group. PSMVP is fully invested and no longer making new investments.