Lion Capital LLP

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Lion Capital
Type Private ownership
Industry Private equity
Predecessor(s) Hicks Muse Tate & Furst Europe (1999-2004)
Founded 2004
Founder(s) Lyndon Lea, Neil Richardson and Robert Darwent
Headquarters London, United Kingdom
Products Leveraged buyouts, Growth capital
Total assets €4.8 billion
Employees 25
Website www.lioncapital.com

Lion Capital LLP is a British private equity firm primarily focusing on leveraged buyout investments in Europe. The firm specializes on investments in the consumer sector. Prior to the formation of Lion Capital, the firm had been the European affiliate of Hicks Muse Tate & Furst, one of the largest private equity firms of the 1990s.

The firm is headquartered in London, England, and has approximately 25 employees. Lion Capital has raised approximately €4.8 billion of investor capital since inception in 2004.

History[edit]

Lion Capital was founded in 2004 by Lyndon Lea, Neil Richardson and Robert Darwent.

From 1998 to 2004, the firm's predecessor had served as the European affiliate of Hicks, Muse, Tate & Furst (now HM Capital).[1] The parent firm, Hicks Muse, which had been among the largest private equity firms in the 1990s struggled in the years immediately following the bursting of the internet and telecom bubbles. Hicks Muse was often cited with Forstmann Little as the highest profile private equity casualties, having invested heavily in technology and telecommunications companies.[2] Meanwhile, the European team which had raised a separate €1.475 billion fund (Hicks, Muse, Tate & Furst Europe Fund I) in 2000, continued to make successful investments in the consumer sector.

Prior to founding Lion Capital, two of the founders Lyndon Lea and Neil Richardson worked together at Glenisla, the European affiliate of Kohlberg Kravis Roberts from 1993 to 1998. In 1998, Lyndon Lea left to found the European operations of Hicks, Muse, Tate & Furst with co-founder Robert Darwent. In 2004, Neil Richardson left KKR to join Lion Capital, just prior to its launch as an independent private equity firm.

Investments[edit]

In 2005, the firm completed fundraising for its first private equity fund, Lion Capital Fund I, with commitments from institutional investors of €820 million. In 2007, Lion Capital raised its second private equity fund, Lion Capital Fund II, with approximately €2.0 billion of investor commitments. The principals of Lion Capital have invested over €4 billion of equity capital in over forty transactions since the early 1990s. Among the firm's most notable investments are

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