LionTree LLC
TypePrivate
IndustryFinancial services
Founded2012 (2012)
FoundersAryeh Bourkoff
Ehren Stenzler
Headquarters
745 Fifth Avenue, New York, U.S.
Area served
Worldwide
Key people
Aryeh Bourkoff (CEO)
ProductsInvestment banking
Merchant banking
Number of employees
100[1]
Websitewww.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]

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]

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.
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