LionTree explained
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. LionTree also has a media company called Kindred Media.[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.
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.[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.
On June 16, 2022, the University of California, San Diego renamed the RIMAC Arena to Liontree Arena after Liontree donated $5 million 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:
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]
Notes and References
- Web site: Cohan . William D. . How Aryeh Bourkoff Became Media's Hottest Dealmaker . The Hollywood Reporter . July 6, 2021.
- Web site: Baker. Liana. May 18, 2021. New York Boutiques Take Center Stage on AT&T-Discovery Megadeal. July 17, 2021. www.bloomberg.com.
- Web site: Clarke. Paul. Revenue jumps 500% at boutique investment bank LionTree. July 17, 2021. www.fnlondon.com. en-GB.
- News: Merced. Michael J. de la. December 18, 2017. A Rainmaker Seeks to Grow His Firm at a Time of Big Media and Tech Deals. en-US. The New York Times. July 17, 2021. 0362-4331.
- Web site: Fontanella-Khan. James. May 26, 2016. Boutique bank LionTree roars back into contention. July 17, 2021. www.ft.com.
- Web site: Szalai. Georg. January 20, 2017. LionTree Opens Paris Office Citing France's "Vibrant" Digital Sector. July 17, 2021. The Hollywood Reporter. en-US.
- News: Aidan Gregory. March 8, 2017. Ocelot raises $425m in London Spac IPO for European tech acquisition. globalcapital.com. GlobalCapital.
- Web site: Ocelot Partners Buys Ocean Outdoor From Searchlight . March 9, 2023 . WSJ . en-US.
- Web site: Robbins . Gary . June 15, 2022 . UC San Diego changes name of RIMAC Arena to LionTree Arena . March 27, 2023 . San Diego Union-Tribune . en-US.
- Web site: LionTree Advisors Company Profile: Service Breakdown & Team PitchBook. July 17, 2021. pitchbook.com. en.
- https://www.hollywoodreporter.com/business/business-news/take-two-interactive-acquire-zynga-1235072187/ "Take-Two Interactive to Acquire Zynga in $12.7B Deal" The Hollywood Reporter
- https://www.reuters.com/markets/deals/new-york-times-acquire-athletic-550-million-2022-01-06/ "New York Times to acquire sports site The Athletic for $550 mln" Reuters
- Web site: LionTree Partners - CB Insights. July 17, 2021. www.cbinsights.com. en-US.
- Web site: August 6, 2021 . Aerospace Startup Astra is Preparing To Launch Satellite For Space Force - Grit Daily News . October 16, 2023 . en-US.
- Web site: Dixon . Ed . December 7, 2022 . Fanatics valued at US$31bn as Clearlake leads US$700m funding round . October 16, 2023 . SportsPro . en-GB.
- Web site: Spangler . Todd . April 18, 2018 . FuboTV Banks $75 Million From AMC Networks, 21st Century Fox and Others . October 16, 2023 . Variety . en-US.
