LionTree

What LionTree does

LionTree is an independent investment and merchant bank founded in 2012 by CEO Aryeh B. Bourkoff, headquartered in New York with offices in San Francisco, London, and Tel Aviv. The firm operates an integrated three-pillar platform: Advisory (M&A, strategic advisory, special committee advisory, shareholder activism & defense, divestitures & spin-offs, capital structure advisory, joint ventures, fairness opinions), Capital Markets (IPOs, follow-ons, debt & structured financings, pre-IPO and private capital raises, PIPEs, convertible and hybrid structured deals), and Asset Management (minority, non-controlling principal investments in venture, growth, and mature companies across the digital economy). LionTree has advised on 300+ transactions representing $1T+ in total transaction value, with landmark mandates including AT&T/WarnerMedia-Discovery, MGM/Amazon, Paramount/Skydance, and the $111B Paramount Skydance acquisition of Warner Bros. Discovery.

The firm serves visionary CEOs, entrepreneurs, creators, and institutional investors across media, technology, communications, consumer, and creative industries. Revenue is generated through advisory fees on M&A and capital markets mandates, supplemented by management fees and potential carried interest from the Asset Management platform's principal investments. LionTree is privately held, structured as LionTree LLC with operating subsidiaries including LionTree Advisors LLC (SEC-registered broker-dealer, FINRA/SIPC member) and LionTree Investment Management LLC (SEC-registered investment adviser). The go-to-market is enterprise relationship-based, leveraging owned media (KindredCast podcast, LT Weekly Update, annual Year-End Letters) and a curated network of long-term investors, family offices, and sovereign wealth funds.

LionTree is not a technology company and does not publicly disclose pricing, revenue, or financial performance. Headcount is reported at 51–100 employees, indicating a high-leverage boutique structure that depends on senior banker productivity and the firm's sector specialization to compete against larger bulge-bracket and middle-market investment banks.

Name

LionTree

Legal name

LionTree LLC

Website

http://liontree.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

LionTree is an independent, New York-headquartered investment and merchant bank founded in 2012, serving visionary CEOs, entrepreneurs, and institutional investors across media, technology, communications, consumer, and creative industries via integrated Advisory, Capital Markets, and Asset Management platforms.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE)

akta.pro secondary industries

Buy-Side M&A Advisory (FSAEAGAB), Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC), Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL), Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)

Keywords

• Investment banking advisory
• Mergers and acquisitions
• Capital markets advisory
• Merchant banking services
• Asset management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Advisory Services: Provides specialized, independent advice to public and private companies and financial investors worldwide for M&A, strategic advisory, special committee advisory, shareholder activism & defense, divestitures & spin-offs, capital structure advisory, joint ventures, and fairness opinions.
2. Capital Markets: Advises public and private companies on capital raising including IPOs, follow-ons, debt & structured financings, pre-IPO & private capital raises, private investments in public equity (PIPE), and convertible & hybrid structured deals.
3. Asset Management / Principal Investing: Invests minority, non-controlling capital in partnership with leading long-term investors across early venture, growth, and mature companies in key sectors of the digital economy including media, sports, technology, and consumer sectors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

LionTree is an independent investment and merchant bank providing specialized M&A advisory, strategic advisory, capital markets (IPOs, follow-ons, debt and structured financings, PIPEs), and principal asset management services. It serves public and private companies, financial sponsors, and long-term institutional investors, with thematic focus on the media, technology, communications, consumer, and creative industries. The firm has advised on 300+ transactions representing over $1 trillion in total transaction value.

Product overview

LionTree is an independent investment and merchant bank offering integrated advisory, capital markets, and asset management services. Their platform spans M&A advisory, strategic consulting, capital raising (including IPOs and debt financings), and principal investments across venture, growth, and mature stages. The firm also produces proprietary research content including the LT Weekly Update newsletter and KindredCast podcast.

Differentiator

Problem solved

Functional benefit

Products and services

• Advisory & Capital Markets Integrated financial advisory and capital markets services for public and private companies and financial sponsors worldwide. Covers M&A, strategic advisory, special committee advisory, shareholder activism & defense, divestitures & spin-offs, capital structure advisory, joint ventures, fairness opinions, IPOs and follow-ons, debt and structured financings, pre-IPO and private capital raises, PIPEs, convertible and hybrid structured deals, and shareholder advisory.
• Asset Management Principal investing platform that deploys minority, non-controlling capital alongside leading long-term investors across venture, growth, private equity, public markets, and partnership vehicles. Targets early-venture, growth, and mature companies in media, sports, technology, consumer, and other key sectors of the digital economy.

Quantifiable outcome

• 300+ Transactions Advised with $1T+ in Total Transaction Value

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Allen & Company: Privately held boutique investment bank with a long-standing concentration in media, entertainment, and technology advisory — the closest direct analogue to LionTree's TMT-centric franchise and relationship-driven model.
• Centerview Partners: Independent advisory firm focused on high-end M&A, restructuring, and strategic advice; competes with LionTree for premium media, consumer, and large-cap advisory mandates.
• Lazard: Global independent financial advisory and asset management firm with a strong M&A advisory practice and investment management arm, structurally similar to LionTree's three-pillar platform.
• Evercore: Independent investment banking advisory firm with sector-focused coverage and a complementary investment management business; competes directly for large-cap M&A and capital markets mandates.
• Moelis & Company: Global independent investment bank offering M&A, restructuring, and capital markets advisory; comparable boutique model competing for similar mid- and large-cap corporate mandates.
• PJT Partners: Independent advisory-focused investment bank with strategic advisory, restructuring, and fund placement capabilities; competes with LionTree on large-cap corporate advisory mandates.
• Perella Weinberg Partners: Independent global advisory firm offering M&A, strategic advisory, and restructuring services, similar in boutique positioning and senior-led coverage model to LionTree.
• Guggenheim Partners: Diversified financial services firm with a strong investment banking division focused on TMT and consumer sectors, competing for media and technology advisory mandates.
• Rothschild & Co: Global independent financial advisory group with deep M&A advisory heritage and family-controlled ownership structure, providing comparable independent advisory competition.

Broad incumbents

• Goldman Sachs: Global bulge-bracket investment bank that competes with LionTree on large-cap media M&A and capital markets mandates (e.g., co-advisor roles on Paramount and Adevinta), offering much broader product breadth at the cost of boutique focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/liontree
• YouTubeyoutube.com/c/KindredCast
• LinkedInlinkedin.com/company/liontree

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments96 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LionTree