American Household
  • Holding Company for Coleman, Sunbeam Products, Inc., Coleman Powermate, Inc. and First Alert, Inc. 

  • Jerry W. Levin served as Chairman and CEO from 1998 to 2005, navigating numerous significant financial, operational, and legal issues

    • Hired by the Board of Directors of Sunbeam after the termination of Al Dunlap

    • Restructured Sunbeam’s operations during 1998 through 2000

    • Improved capital structure through Chapter 11 in 2001 and 2002

  • Company sold to Jarden in 2005 for ~$1.0 billion

Saks Fifth Avenue
  • Team became involved when Saks Fifth Avenue was part of underperforming company which also included Proffitt’s, Carson Pirie Scott, Younkers, Herberger’s, Boston Store and Parisian

    • Rationalized costs and made strategic decision to exit all non-Saks Fifth Avenue assets; sold other brands on favorable terms

    • Exited 1/3 of store base and reinvested with innovative concepts including a shoe store with its own zip code (10022-SHOE), resulting in significant SSS growth

    • Created leading luxury internet business with sales approaching $800 million

    • Accelerated growth of outlet business through the addition of units, improvement of SSS growth and development of OffFifth.com

  • Sold Saks Fifth Avenue in November 2013 for 13x EBITDA

    • Premium multiple for the department store segment

Revlon
  • Prior to arrival, Revlon experiencing financial difficulties and operational challenges

    • Significant EBITDA losses

    • Substantial debt load

    • #3 market share in the United States mass market for color cosmetics

  • Jerry W. Levin served as Chief Executive Officer from 1991 to 1997

    • Upon departure, Revlon enjoyed #1 market share in mass channel

    • Restructured with its debt load significantly reduced

    • EBITDA increased to $284.5 million

Clairol
  • Sales and earnings declining at double-digit rates when team took over leadership of business

  • Acquired Matrix Essentials (a leading salon brand in the US) and dramatically improved performance

  • Executed turnaround, resulting in #1 retail position in haircare in the US

    • Recognized as best-performing business within the Bristol-Myers Squibb portfolio

    • Created Herbal Essences brand which achieved $700+ million in sales

  • When Bristol-Myers Squibb strategically decided to exit non-pharma businesses, team led divestiture of Clairol for $5 billion and Matrix for ~$600 million, both for ~15x EBITDA

JW Levin Management Partners.  All Rights Reserved 2017.