Xynteo announces majority investment from Leon Capital

Xynteo, a strategic consulting firm dedicated exclusively to providing energy transition and sustainability services to some of the world’s largest companies, announced a majority investment by the 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 association model for employees, who now become owners of the company, a statement said.

Over the past two decades, Xynteo has helped some of the world’s largest companies and their leaders achieve planet-positive and inclusive growth, address complex systemic challenges, and incubate green supply chains. They provide a range of world-class professional services in strategy and innovation, leadership and collaboration across culture and systems, including industry- and value-chain-based coalition models. The company operates globally, with offices in the UK, Norway and India , serving many of the world’s leading companies including ABB, BP, Hindalco, HUL JLL, Mastercard, SAP, Shell, Tata, Unilever, Verizon and Visa.

“This alliance gives Xynteo renewed momentum and ambition. We are incredibly excited to be working with the team at Leon Capital, who bring extensive operational capabilities and resources, and an extensive network of industry relationships,” said Jonah Grunsell, Managing Partner of Xynteo.

“The time has come to take what we have and improve everything we do: invest in our long-term customer relationships, our team, technologies and services, and move into a fantastic new alliance. In short, I commend the alliance with Leon Capital and the commitment of the leaders to carry out our mission in the service of people and the planet as much as possible”. noted founder Osvald Bjelland .

Christos Lavidas , Co-Founder and Managing Partner of Leon Capital, said: “We are proud to invest in Xynteo and its mission to help the world’s leading organizations succeed through planet-positive and people-inclusive growth – doing it right. , by doing good. Our strategy at Leon Capital is centered around partnering with exceptional service companies, where we see a clear active blueprint for ownership to deliver sustainable impact for all stakeholders. That’s exactly what we found at Xynteo.”

“We have been impressed by the exceptional business and long-standing business relationships built by the team, and are excited to partner with the Bjelland family and management. We are grateful for their trust, and this only confirms that Leon Capital is a partner of choice for the family-owned and founder-led companies,” said Jean-Christophe Napoléon Bonaparte, co-founder and managing partner of Leon Capital.

“We are excited to partner with Xynteo and its exceptional team members, to scale their coalitions into new geographies and value chains, grow the Xynteo team itself, and ensure that customers see the best of all Xynteo capabilities, everywhere. moment,” said Michael Youtsos , a 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 Xynteo stakeholders to further our impact in Europe through good growth.”

Sanjiv Mehta , CEO and CEO of Hindustan Unilever, said: “A few years ago some local and MNC groups came together to solve some intractable problems facing the country related to people and planet. As Chairman of the Vikaasa Coalition, I fully support Xynteo’s partners coming in as shareholders and am excited to work on the great challenges facing India .”

Henrik Madsen , former CEO of DNV, will remain Chairman of Xynteo, and Thorhild Widvey , former Minister of Oil and Energy and Minister of Culture in Norway, will remain on the board of directors.

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