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TZP Group Acquires a Majority Stake in Itzy Ritzy TZP Group partners with Co-Founders Kelly Meyer Douglas and Brian Douglas to support product development and accelerated growth News provided by Share this article Share this article NEW YORK, April 22, 2021 /PRNewswire/ TZP Group ( TZP ), a multi-strategy private equity firm, announced today that the firm has led the recapitalization of Quintessential Tots, LLC d/b/a Itzy Ritzy ( Itzy Ritzy or the Company ), a leading omni-channel lifestyle brand of juvenile products with Co-Founders Kelly Meyer Douglas and Brian Douglas who remain significant shareholders. itzy ritzy Launched in 2007 by Kelly Meyer Douglas and Brian Douglas, Itzy Ritzy offers a diverse portfolio of products that span multiple categories including diaper bags, toys, pacifiers, teethers, and other must-have baby related products. Itzy Ritzy has fostered an inclusive, engaged community of parents who frequently share advice and sup ....