LionTree

Last updated

LionTree LLC
Type Private
Industry Financial services
Founded2012;12 years ago (2012)
Founders Aryeh Bourkoff
Ehren Stenzler
Headquarters
745 Fifth Avenue, New York, U.S.
Area served
Worldwide
Key people
Aryeh Bourkoff (CEO)
Products Investment banking
Merchant banking
Number of employees
100 [1]
Website www.liontree.com

LionTree LLC is an American boutique investment and merchant bank that has a focus on industries related to technology, media and telecommunications (TMT). [2] [3] Although the firm is based in the United States, it also has a significant presence in Europe. [3] LionTree also has a media company called Kindred Media. [2] [4]

Contents

History

LionTree was founded in June 2012 by Aryeh Bourkoff, former head of UBS's investment banking in the Americas, alongside fellow UBS alum, Ehren Stenzler who joined in July 2012. [2]

In 2016, LionTree opened additional offices in San Francisco and London. [5] In 2017, an office in Paris was opened. [6]

During the same year, LionTree founded Ocelot Partners, a special-purpose acquisition company that focuses on investment opportunities in the European TMT sector, along with Andrew Barron and Martin E. Franklin. [4] [7] In March 2018, Ocelot Partners acquired Ocean Outdoor, a U.K.-based digital billboard company, from Searchlight Capital. [8]

In 2017, LionTree started its own media company, Kindred Media which produces the KindredCast podcast. [2] [4]

On June 16, 2022, the University of California, San Diego renamed the RIMAC Arena to Liontree Arena after Liontree donated a $5 million gift for scholar-athletes. [9]

Business overview

LionTree Advisors

The investment banking unit is called LionTree Advisors and provides services such as mergers and acquisitions, capital raisings, and initial public offerings. [10] Notable deals LionTree was involved in include CK Hutchison's acquisition of Italian mobile operator, Wind Tre, [3] Verizon's acquisition of AOL and Yahoo!, [4] the 2019 merger of CBS and Viacom, [1] Amazon's acquisition of MGM studios, [1] Take-Two Interactive's acquisition of Zynga [11] and New York Times acquisition of The Athletic. [12]

LionTree Partners

LionTree Partners acts as the investment arm of Liontree. It mainly invests in companies from the TMT sector. [13] Notable investments include Astra, [14] Fanatics, Inc. [15] and FuboTV. [16]

Related Research Articles

Swiss Bank Corporation was a Swiss investment bank and financial services company located in Switzerland. Prior to its merger, the bank was the third largest in Switzerland, with over CHF 300 billion of assets and CHF 11.7 billion of equity.

<span class="mw-page-title-main">Mark Pincus</span> American Internet entrepreneur

Mark Jonathan Pincus is an American Internet entrepreneur known as the founder of Zynga, a mobile social gaming company. Pincus also founded the startups Freeloader, Inc., Tribe Networks, and Support.com. Pincus served as the CEO of Zynga until July 2013, then again from 2015 to 2016.

<span class="mw-page-title-main">Piper Sandler Companies</span> American financial services company

Piper Sandler Companies is an American multinational investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management and securities research. Through its principal subsidiary, Piper Sandler & Co., the company targets corporations, institutional investors, and public entities.

Jefferies Group LLC is an American multinational independent investment bank and financial services company that is headquartered in New York City. The firm provides clients with capital markets and financial advisory services, institutional brokerage, securities research, and asset management. This includes mergers and acquisitions, restructuring, and other financial advisory services. The Capital Markets segment also includes its securities trading and investment banking activities.

<span class="mw-page-title-main">Stifel</span> American investment bank

Stifel Financial Corp. is an American multinational independent investment bank and financial services company created under the Stifel name in July 1983 and listed on the New York Stock Exchange on November 24, 1986. Its predecessor company was founded in 1890 as the Altheimer and Rawlings Investment Company and is headquartered in downtown St. Louis, Missouri.

<span class="mw-page-title-main">Houlihan Lokey</span> American investment bank and financial services company

Houlihan Lokey, Inc., is an American multinational independent investment bank and financial services company. Houlihan Lokey was founded in 1972 and is headquartered at Constellation Place in Century City, Los Angeles, California. The firm advises large public and closely held companies as well as institutions and governments. Its main service lines include mergers and acquisitions, capital markets, restructuring and distressed M&A, fairness opinions, and financial and valuation advisory. As of December 2023, Houlihan Lokey employs more than 2,600 employees worldwide.

<span class="mw-page-title-main">Capvis</span> Company

Capvis is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies across a range of industries in the Industrial Corridor of Europe.

<span class="mw-page-title-main">Boutique investment bank</span> Non-full service, specialized investment bank

A boutique investment bank is a investment bank that specializes in at least one aspect of investment banking, generally corporate finance, although some banks' strengths are retail in nature, such as Charles Schwab. Of those involved in corporate finance, capital raising, mergers and acquisitions and restructuring and reorganizations are their primary activities. Boutique's usually provide advisory and consulting services, but lack capacity to provide funding. After the Gramm–Leach–Bliley Act investment banks have either had a retail deposit base or have had funding from overseas owners or from Wealth management arms. Boutique banks on the other hand often turn to other banks to provide funding or deal directly with capital rich firms like insurers to provide capital for deals.

<span class="mw-page-title-main">UBS</span> Multinational investment bank headquartered in Switzerland

UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Headquartered in Zürich, it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world. UBS client services are known for their strict bank–client confidentiality and culture of banking secrecy. Because of the bank's large positions in the Americas, EMEA, and Asia Pacific markets, the Financial Stability Board considers it a global systemically important bank.

<span class="mw-page-title-main">Lincoln International</span> Multinational financial services company

Lincoln International LLC is a multinational independent investment bank and financial services company specializing in advisory services and financings on middle market transactions. The firm works with publicly traded and privately owned companies, financial sponsors, and lenders. The firm provides advisory services including mergers & acquisitions, capital advisory consisting of growth equity, debt and restructuring advisory, valuations and opinions, private funds advisory and joint ventures & partnering. The firm completed more than 400 advisory assignments globally in 2021, as well as over 10,000 debt and equity valuations.

Blair W. Effron is an American financier. Effron co-founded Centerview Partners, a leading global investment banking firm based in New York City. Centerview has offices in London, Paris, Chicago, Los Angeles, Palo Alto and San Francisco. The firm provides advice on mergers and acquisitions, financial restructurings, valuation, and capital structure to companies, institutions and governments.

Centerview Partners is an American independent investment banking firm. Centerview operates primarily as an investment banking advisory firm. Centerview has 60 partners and 400 professionals with expertise across a wide range of industries, geographies, transaction structures and sizes.

Aryeh B. Bourkoff is an American businessman and documentary producer. He is the founder and chief executive officer of LionTree LLC, a global investment and merchant banking firm focused on media, technology and telecommunications.

<span class="mw-page-title-main">Greenhill & Co.</span> American investment bank

Greenhill & Co., Inc. is an American investment bank founded in 1996 by Robert F. Greenhill. The firm provides advice on mergers, acquisitions, restructurings, financings, and capital raisings to leading corporations, partnerships, institutions and governments across a number of industries.

<span class="mw-page-title-main">RIMAC</span> Sports complex at the University of California San Diego

The Recreation, Intramural, and Athletic Complex is a sports complex at the University of California San Diego comprising an arena, a weight room and various other event and athletic facilities. It is one of the largest college athletic facilities in the country. LionTree Arena is the home arena of the UC San Diego Tritons men's and women's basketball, volleyball, and fencing teams, and Triton Soccer Stadium on the adjacent RIMAC Field hosts Triton men's and women's soccer matches.

Scott C. Butera is an American businessman and entertainment and hospitality executive who is best known for being the CEO at various casinos in the United States. He was the commissioner of the Arena Football League (AFL) from September 2014 to March 2018. Scott Butera currently serves as president and a board member for Fubo Gaming, a Chicago-based subsidiary of live TV streaming platform fuboTV Inc., and developer and distributor of Fubo Sportsbook. Before joining Fubo Gaming, Butera was president of Interactive Gaming at MGM Resorts International, where he was responsible for the development and operations of sports betting and online gaming across online and traditional platforms.

Robey Warshaw LLP is a boutique investment bank based in London. The firm was founded in 2013 and is led by investment bankers Sir Simon Robey, Philip Apostolides, and Simon Warshaw.

<span class="mw-page-title-main">PJT Partners</span> Global advisory-focused investment bank

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses. The firm was founded by Paul J Taubman after his 30-year tenure at Morgan Stanley, where he served as Global Head of Mergers and Acquisitions, Global Head of Investment Banking and until the end of 2012, Co-President of the Institutional Securities Group, which included Investment Banking as well as Sales and Trading.

<span class="mw-page-title-main">FuboTV</span> American Internet television service

FuboTV Inc. is an American streaming television service serving customers in the United States, Canada, and Spain that focuses primarily on channels that distribute live sports. Depending on country, channels offered by Fubo may potentially include access to EPL, NFL, MLB, NBA, NHL, MLS, CPL and international football, plus news, network television series and movies.

The Raine Group (Raine) is an American boutique investment and merchant bank that has a focus on industries related to technology, media and telecommunications (TMT). Companies the firm has been involved with significantly include Endeavor, SoftBank Group, WWE and Ultimate Fighting Championship. It has also been involved with several Premier League football clubs.

References

  1. 1 2 3 Cohan, William D. (July 6, 2021). "How Aryeh Bourkoff Became Media's Hottest Dealmaker". The Hollywood Reporter.
  2. 1 2 3 4 Baker, Liana (May 18, 2021). "New York Boutiques Take Center Stage on AT&T-Discovery Megadeal". www.bloomberg.com. Retrieved July 17, 2021.
  3. 1 2 3 Clarke, Paul. "Revenue jumps 500% at boutique investment bank LionTree". www.fnlondon.com. Retrieved July 17, 2021.
  4. 1 2 3 4 Merced, Michael J. de la (December 18, 2017). "A Rainmaker Seeks to Grow His Firm at a Time of Big Media and Tech Deals". The New York Times. ISSN   0362-4331 . Retrieved July 17, 2021.
  5. ↑ Fontanella-Khan, James (May 26, 2016). "Boutique bank LionTree roars back into contention". www.ft.com. Retrieved July 17, 2021.
  6. ↑ Szalai, Georg (January 20, 2017). "LionTree Opens Paris Office Citing France's "Vibrant" Digital Sector". The Hollywood Reporter. Retrieved July 17, 2021.
  7. ↑ Aidan Gregory (March 8, 2017). "Ocelot raises $425m in London Spac IPO for European tech acquisition". globalcapital.com. GlobalCapital.
  8. ↑ "Ocelot Partners Buys Ocean Outdoor From Searchlight". WSJ. Retrieved March 9, 2023.
  9. ↑ Robbins, Gary (June 15, 2022). "UC San Diego changes name of RIMAC Arena to LionTree Arena". San Diego Union-Tribune. Retrieved March 27, 2023.
  10. ↑ "LionTree Advisors Company Profile: Service Breakdown & Team | PitchBook". pitchbook.com. Retrieved July 17, 2021.
  11. ↑ "Take-Two Interactive to Acquire Zynga in $12.7B Deal" The Hollywood Reporter January 10, 2022
  12. ↑ "New York Times to acquire sports site The Athletic for $550 mln" Reuters January 6, 2022
  13. ↑ "LionTree Partners - CB Insights". www.cbinsights.com. Retrieved July 17, 2021.
  14. ↑ "Aerospace Startup Astra is Preparing To Launch Satellite For Space Force - Grit Daily News". August 6, 2021. Retrieved October 16, 2023.
  15. ↑ Dixon, Ed (December 7, 2022). "Fanatics valued at US$31bn as Clearlake leads US$700m funding round". SportsPro. Retrieved October 16, 2023.
  16. ↑ Spangler, Todd (April 18, 2018). "FuboTV Banks $75 Million From AMC Networks, 21st Century Fox and Others". Variety. Retrieved October 16, 2023.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.