Lion Capital

6 statements across 2 episodes · 0 bullish · 2 bearish · 2 people on the record · first statement Feb 24, 2025 by Barry Turner · said 5 times in 2 episodes since 2025 · across every show →

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brought up most by Guy Raz (5)

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2026 3 mentions in 1 episode
2025 2 mentions in 1 episode

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Everything said about Lion Capital, oldest first

Feb 24, 2025 neutral
Assertion Not publicly verifiable
Lion Capital bought 75% of Lenny & Larry's at $250M valuation
“They, so they bought, ended up buying 75% of the business, and we, at the time, now you understand, this is seven years ago, so if you're equating it to the value of today, so at the time, we were valued at two hundred fifty million dollars.”
Barry Turner Feb 24, 2025 ▶ 57:59 Lenny & Larry’s Protein Snacks: Barry Turner
Feb 24, 2025 negative
Opinion
Turner says private equity turned his Ferrari into a Ford Taurus
“I felt like I handed them a Ferrari, and they turned it into a Ford Taurus.”
Barry Turner Feb 24, 2025 ▶ 1:00:24 Lenny & Larry’s Protein Snacks: Barry Turner
Feb 24, 2025 negative
Assertion Not checkable as stated
Lion Capital ballooned headcount and destroyed profitability post-acquisition
“Within six months of selling the company to them, we went from 17 employees to 59 employees. The business didn't triple. They only grow the business about six to eight percent a year, if that. They destroyed profitability.”
Barry Turner Feb 24, 2025 ▶ 1:00:11 Lenny & Larry’s Protein Snacks: Barry Turner
Feb 24, 2025 neutral
Disclosure
Turner silently attends Lenny & Larry's board calls on mute
“I do a board call every now and then, whatever, but I don't even, I don't comment on the call. I don't go on the screen. I'm just on mute, and I'm listening.”
Barry Turner Feb 24, 2025 ▶ 1:02:04 Lenny & Larry’s Protein Snacks: Barry Turner
Mar 2, 2026
Disclosure
Healy declined an advisory role and immediately walked away after buyout
“Yeah, I didn't you know, we were, Tim and I were given a small incentive to be advisors for a year, but we both sat in on the first conference call with the Operator that Lion Capital had brought in to oversee the company, a Scotsman, very dynamic, forceful in…”
Cameron Healy Mar 2, 2026 ▶ 55:46 Kettle Chips: Cameron Healy. The Wild Bet That Made a Brand
Mar 2, 2026
Assertion Supported
Healy: Kettle Foods grew 50% under Catterton before Lion Capital buyout
“Yeah, we had grown the business by 50%, and as a board, we agreed that if a certain dollar amount offer came in, then we would consider it.”
Cameron Healy Mar 2, 2026 ▶ 54:21 Kettle Chips: Cameron Healy. The Wild Bet That Made a Brand
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