Lion Capital ballooned headcount and destroyed profitability post-acquisition
Barry Turner · Lenny & Larry’s Protein Snacks: Barry Turner · Feb 24, 2025 · at 1:00:11
Barry Turner, founder of Lenny & Larry's, criticizes Lion Capital's operational management after acquiring the company.
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“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.”
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