Jump to content

Lyndon Lea

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Sophie Blythe1981 (talk | contribs) at 09:30, 19 September 2014 (details of not for sale charitable works added). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Lyndon Lea
Born (1969-01-13) 13 January 1969 (age 55)
Morecambe, Lancashire,
England, United Kingdom
Alma materUniversity of Western Ontario
Occupation(s)Financier, investor
Known forCo-founding Lion Capital
SpouseDivorced[1]
Children1 daughter, 1 son[1]

Lyndon Lea (born 13 January 1969) is an English financier and investor, known for co-founding Lion Capital which specializes in making investments in the consumer sector. Notable previous and current consumer brands owned by Lion have included Weetabix,Jimmy Choo,Wagamama,Kettle Foods and AllSaints.

Early life

Lea was born in Morecambe, Lancashire, England, United Kingdom.[2] His mother was a hairdresser and his father was an engineer who loved travel .[2] Lea spent his childhood growing up in South Africa, Botswana and moved at aged 13 to Canada, where he became a citizen. In 1990, after graduating in business administration from the University of Western Ontario, his career started in the mergers and acquisitions department of Goldman Sachs in New York working primarily on consumer deals.[1] He returned to London in 1992 and, after a brief spell in the investment-banking division of Schroders, he was recruited with current Lion partner, Neil Richardson, to start the European affiliate (Glenisla) of industry giant Kohlberg, Kravis, Roberts & Co. In 1998 he was spotted by Hicks Muse Tate & Furst and brought in to launch their new European business. At Hicks Muse he worked with consumer brands ranging from Mumm & Perrier-Jouet champagne brands to Typhoo tea and Branston Pickle.[3] He also oversaw the flotations of Yell Group, the UK phone directories business, in 2003, and Premier Foods in 2004.[4]

Lion Capital

In 2004, Lea gained prominence by separating the European business he ran from its ailing American parent, Hicks Muse. Along with Robert Darwent, his Hicks Muse colleague, Lea co-founded Lion Capital and turned Lion Capital into one of the best-known firms in the investment business.[4] Building on their previous success at Hicks Muse, Lyndon and Lion have invested over €5 billion in 28 companies representing over 100 unique consumer brands in Europe and North America. The company currently employs 30 investment executives. Lea is known for his hands-on investing style and[5] his ownership of high profile fashion brands such as Jimmy Choo, AllSaints and John Varvatos have made him a staple of the UK and New York press.[6]

Company Holdings

Lea's career has been marked by many successful and diverse company holdings including:

  • Sold Champagne Mumm & Perrier-Jouet in 2001 to Allied Domecq[7]
  • Bought Weetabix in 2004 for £640 million and sold 60% to Bright Food in 2012 in a deal valuing the company at £1.2 billion[8]
  • Acquired Jimmy Choo in 2004 for £100 million and sold the company in 2007 for £225 million[9]
  • Acquired wagamama in 2005 for £102 million[10] and later sold the company for £215 million in 2011[11]
  • Acquired Orangina Schweppes in 2006 in partnership with the Blackstone Group and later sold the company for €2.6 billion in 200[12]
  • Acquired Kettle Foods in 2006 for $270 million and sold the company in 2010 for $615 million[13]
  • Acquired HEMA in 2007 for a deal estimated to be worth €1.3 billion[14]
  • Acquired the Findus and Young’s brands in 2008 for £1.1 billion[15]
  • Acquired AS Adventure Group in 2008 for €263 million[16]
  • Invested $80 million in American Apparel in 2009[10]
  • Acquired Bumble Bee Foods for $980 million in 2010[11]
  • Purchased Picard in 2010 for €1.5 billion[17]
  • Acquired AllSaints in 2011[6]
  • Acquired Alain Afflelou in 2012 for €740 million[5]
  • Acquired John Varvatos Enterprises, Inc. in 2012[18]
  • Acquired ghd in 2013 for £300 million[17]

Lea has also served on the board of several public companies including Harry Winston, American Apparel, Yell Group and Premier Foods.

Personal life

In a personal capacity, Lea is an active supporter and advocate for Not For Sale, a charity that raises awareness of modern day slavery.[19] With a personal financial commitment from Lea, Not For Sale built a children’s home in Romania that accommodates up to 100 children rescued from exploitation, providing them with safety and stability, as well as education and economic opportunities.[20]

Lea is engaged to his long-time girlfriend, model Sophie Dickens, whom he met at a charity polo match in 2010.[1]

Lea is an avid polo player. His team Zacara, is named after his children. In July 2011 Zacara won the Veuve Clicquot Gold Cup for the British Open Polo Championship, at Cowdray Park, West Sussex. The following April, Lea's team also won the U.S. Open Polo Championship.[21] In 2013, Lea's team again won the U.S. Open Championships, achieving back-to-back victories.[22] This was followed later in 2013 by an undefeated sweep of the UK season in which Lea's team won the Queen's Cup and again won the Veuve Clicquot Gold Cup[23] for the British Open Championship.[24] In 2014, Zacara once again won the prestigious Cartier Queen's Cup. Lea owns a polo ranch in Santa Barbara, California where he has reportedly hosted several lavish summer parties at his Californian beach house which have included entertainment from acts such as Cirque du Soleil and beautiful women.[25]

Lea also studies Brazilian jiu-jitsu.

References

  1. ^ a b c d http://www.standard.co.uk/lifestyle/london-life/the-lion-king-poloplaying-money-man-lyndon-lea-on-marriage-and-why-he-backed-american-apparels-ousted-ceo-9646029.html
  2. ^ a b Lyndon Lea: High stress and sleepless nights for the financier who snapped up Weetabix The Independent By Damian Reece Saturday, 7 February 2004
  3. ^ http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/privateequity/9006176/Lion-Capitals-Lyndon-Lea-defends-his-performance.html?mobile=basic
  4. ^ a b http://www.efinancialnews.com/fn100/individual/1046694381/Lyndon%20Lea?ea9c8a2de0ee111045601ab04d673622
  5. ^ a b http://www.unquote.com/france/official-record/2171597/lion-capital-buys-alain-afflelou
  6. ^ a b http://www.lioncapital.com/brands/#allsaints
  7. ^ http://www.thegrocer.co.uk/home/topics/mumm-and-perrier-jout-fill-final-allied-domecq-gap/64894.articl
  8. ^ http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/privateequity/9242899/Chinas-Bright-Food-takes-60pc-stake-in-Weetabix.htm
  9. ^ http://www.businessoffashion.com/jimmy-choo
  10. ^ a b http://www.theguardian.com/business/2005/jun/18/privateequity
  11. ^ a b http://www.thetimes.co.uk/tto/business/industries/leisure/article2939533.ece
  12. ^ http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2yeSW5vtwus
  13. ^ https://www.altassets.net/private-equity-news/lion-capital-sells-kettle-foods-for-615m.html
  14. ^ http://uk.reuters.com/article/2007/06/02/uk-maxeda-hema-sale-idUKL0247888020070602
  15. ^ http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayHk4MHbuAMw
  16. ^ http://www.unquote.com/unquote/news/1572870/belgium-lion-completes-eur-263m-adventure-deal
  17. ^ a b http://www.bloomberg.com/news/2010-07-26/lion-capital-agrees-to-buy-picard-from-bc-partners-for-about-1-9-billion.html
  18. ^ http://www.thegrocer.co.uk/home/topics/mumm-and-perrier-jout-fill-final-allied-domecq-gap/64894.article
  19. ^ http://www.lioncapital.com/about/#lyndon-lea
  20. ^ http://notforsalecampaign.org/global-initiatives/romania/
  21. ^ Lyndon Lea's Zacara win the US Open. Polo Times. 23 April 2012.
  22. ^ "Lyndon Lea's Zacara Wins Back-to-Back US Open Championships". Polistas.
  23. ^ http://www.telegraph.co.uk/sport/othersports/polo/10961450/Dubai-end-Zacaras-22-match-winning-streak-as-polos-2014-Veuve-Clicquot-Gold-Cup-hots-up.html
  24. ^ "Facundo Pieres Shines, Zacara wins Queen's Cup". Polo Blogs.
  25. ^ Wild Lion FT.com

Template:Persondata