PR Newswire
27 Feb 2023, 23:16 GMT+10
![]() | ![]() |
LONDON and OSLO, Norway, Feb. 27, 2023 /PRNewswire/ -- Xynteo, a strategic advisory firm exclusively dedicated to providing sustainability and energy transition services to some of the world's largest companies has announced a majority investment by funds advised by Leon Capital LLP (Leon Capital). The family of the founder Osvald Bjelland remains a minority shareholder. The agreement includes the creation of an employee partnership model, with senior employees now becoming owners of the business.
Over the last two decades, Xynteo has helped some of the world's leading businesses and their leaders to achieve planet positive and inclusive growth, tackle complex systemic challenges, and incubate green supply chains. They provide a range of world class professional services in strategy and innovation, leadership and culture and systems collaboration, including cross sector and value chain-based coalition models. The company operates globally, with offices in the UK, Norway, and India, and serves many of the world's leading businesses such as ABB, BP, Hindalco, HUL, JLL, Mastercard, SAP, Shell, Tata, Unilever, Verizon, and Visa.
"This partnership brings renewed impetus and ambition to Xynteo. We are incredibly excited to work with the Leon Capital team, who bring deep operational capabilities and resources, and an extensive network of industry relationships," said Jonah Grunsell, Managing Partner of Xynteo.
"The time has come to build on what we have and improve all we do - to invest in our long-term client relationships, our team, technologies and services and handover to a fantastic new partnership. In short, I commend the partnership with Leon Capital and the leaderships commitment to now take forward our mission in service of people and planet as far as we can." remarked the founder Osvald Bjelland.
Christos Lavidas, Co-founder, and Managing Partner at Leon Capital, said, "We are proud to invest in Xynteo and its mission to help the world's leading organisations succeed through planet-positive and people-inclusive growth: doing well by doing good. Our strategy at Leon Capital centres around partnering with exceptional services businesses, where we see a clear active ownership plan to create sustainable impact for all stakeholders. That's exactly what we found in Xynteo."
"We have been impressed by the exceptional business and longstanding customer relationships built by the team, and are thrilled to partner with the Bjelland family and the management. We are grateful for their trust, and this only confirms Leon Capital as a partner of choice for family-owned and founder-led businesses," said Jean-Christophe Napoleon Bonaparte, Co-founder and Managing Partner at Leon Capital.
"We are excited to partner with Xynteo, and its exceptional team members, to scale their coalitions to new geographies and value chains, to grow the Xynteo team itself, and to ensure clients see the best of all Xynteo's capabilities, every single time," commented Michael Youtsos, Partner at Leon Capital
Xynteo's partners also expressed their excitement about the transaction. Peter Voser, Chairman of ABB, and former CEO of Shell, said, "As Chairman of the Europe Delivers coalition, I am excited to work with all of Xynteo's stakeholders to scale our impact for Europe, through good growth."
Sanjiv Mehta, CEO & Managing Director of Hindustan Unilever, said, "A few years back some MNC's and local groups came together to solve some intractable problems facing the country relating to people and planet. As chairman of the Vikaasa coalition, I fully support the Xynteo partners coming in as shareholders and am excited to work on the big challenges that India faces."
Henrik Madsen, former CEO of DNV, will remain Chairman of Xynteo, and Thorhild Widvey, former Minister of Petroleum and Energy, and Minister of Culture in Norway, will remain on the board of directors.
The transaction is backed by the Leon Capital partners, Yana Investment Partners and several prominent family offices among others.
About Xynteo
Xynteo is a purpose-driven strategic advisory firm that helps global organisations, and their leaders, find new ways to grow forward as they tackle the societal and environmental challenges that are too big, too expensive, and too complex to solve alone. We believe that business is a force for good when leaders think long term, work with, not against nature, and use their influence and resources for the many, not the few. For us, this is good growth.
For more information, please visit www.xynteo.com
LinkedIn: www.linkedin.com/company/xynt-o/
Contact: hello@xynteo.com
About Leon Capital
Leon Capital LLP is a private equity firm, based in London, and investing in leading mid-market European tech-enabled services companies. We partner with ambitious teams to enable transformational change and build regional or international champions. We have a long-term view, a family partnership mindset, and an active management model to deliver sustainable impact for all stakeholders. The Leon Capital team has successfully completed or been involved in over 45 transactions, representing 6 billion in equity invested, and direct operational experience across 20 portfolio companies.
For more information, please visit www.leon-capital.com
LinkedIn: www.linkedin.com/company/leon-capital/
Contact info@leon-capital.com
Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationBANGUI, Central African Republic: Authorities from the Central African Republic have said that nine Chinese nationals were killed and two ...
MENINDEE, Australia: After recent floods and hot weather, millions of dead fish have washed up in southeastern Australia, which authorities ...
BOISE, Idaho: Under a bill passed by the Idaho Legislature thios with a veto-proof majority, the state will allow firing ...
SACRAMENTO, California: The state of California and generic drug manufacturer Civica have announced a 10-year partnership to produce affordable, state-branded ...
CHEYENNE, Wyoming: A Wyoming bill outlawing the use or prescription of medication abortion pills, which was passed by the state's ...
DENVER, Colorado: The Southern Nevada Water Authority has voted to accept a $2.4 million grant from the US Bureau of ...
MANILA, Philippines: An underwater robot from Japan has located a leaking fuel tanker, MT Princess Empress, which sank off the ...
NEW YORK, New York - A hike in official U.S. interest rates of 0.25 percent, and a jump in inflation ...
SEATTLE, Washington: In a memo to staff sent this week, Amazon CEO Andy Jassy said the company plans to cut ...
DETROIT, Michigan: Due to leaking brake hoses and windshield wiper arms that can break off, Ford is recalling more than ...
NEW YORK, New York - Wall Street continued its advance on Tuesday as investors continued to weigh up the health ...
WASHINGTON D.C.: The US State Department has issued a travel warning regarding dangerous fake pills sold at pharmacies in Mexico, ...