We believe the best way to unlock value is to be operationally engaged with a tailored approach that meets the needs of each brand, as well as our business partners.
Our purpose is to make our investment partners’ lives easier and returns higher.
OUr model IS unique:
We deploy a combination of operating guidance and capital flexibility.
We are complimentary to both PE and HF.
We partner in only a few select engagements.
We provide Sr. Leadership at the board level while tapping our pool of proven subject matter experts for support as needed.
Founded by a proven transformational leader with a 25-year track record in value creation.
Hands on experience with leading businesses owning multiple brands.
Broad international experience in Asia, Europe, South America and Middle East.
Established reputation for driving market share in low growth industries, including retail footprint expansion and optimization, digital/omni-channel, brand extension and international launches.
Strategic and operational leadership
Chairman, CEO and C-Suite experience across multi-business situations and consumer categories (proven success in top-tier food, hypermarkets, book, health & beauty and apparel companies).
ATTRACTING AND DEVELOPING TALENT
Strong track record of identifying and retaining incumbent talent, and skilled at recruiting key executives from the best companies.
We have over 15 years of deeply rooted, top-tier PE Firm relationships to draw on.
At the head of FIS Holdings is Glenn K. Murphy. He is an innovative strategic thinker with a proven 25-year track record of success in senior leadership roles at Loblaw Companies and at the helm of Shoppers Drug Mart, Gap Inc., and now FIS Holdings Ltd.
The business world is changing rapidly and Glenn has the rich experience base and open mind required to help management teams adapt to these conditions.
“In today’s consumer environment, winning year in and year out is daunting to a CEO. Having a Chairman to lean on for support is invaluable.”
- Glenn K. Murphy
GLENN K. MURPHY
GAP INC. | CHAIRMAN & CEO 2007 - 2014
The Gap was founded in 1969 by Don and Doris Fisher and became a leading global apparel company with iconic Brands such as Gap, Banana Republic and Old Navy. In the summer of 2007, The Gap was in need of a turnaround and revitalization.
Under Murphy’s stewardship, the Company evolved its culture, simplified its operations, globalized and acquired new brands.
The results speak for themselves. Under Glenn’s tenure, GAP recorded a six-year Earnings Per Share CAGR of 17 percent and total shareholder return of more than 160 percent.
SHOPPERS DRUG MART | CEO 2001 - 2007
Shoppers Drug Mart is Canada’s largest health and beauty brand, currently operating over 1300 stores. In 2000, Shoppers was sold to a consortium of institutional investors led by KKR and Bain Capital. In 2001, Glenn Murphy was appointed Chairman and Chief Executive Officer of the company.
Early in his tenure, he built a powerful management team through a combination of internal and external talent. This new team reinvented the delivery of health and beauty in Canada, making Shoppers Drug Mart revered globally as best-in-class.
In November 2001, Glenn took Shoppers Drug Mart public on the TSX. Initial IPO shares opened at $18 and hit an all-time high of $58 while Glenn served as CEO.
LULULEMON athletica, Inc.
Glenn Murphy joined the board of Lululemon as Co-Chairman in April, 2017. Mr. Murphy became Executive Chairman in February 2018. In the time period that Mr. Murphy has held his board position and made a significant equity investment in Lululemon, LULU shares have appreciated in excess of 193%.
About the Company: Founded in Vancouver, Canada in 1998, Lululemon Athletica is a technical athletic apparel company for yoga, running, training and most other sweaty pursuits. At the start of 2017, the Company operated 406 stores across 12 countries.
Serta Simmons Bedding
Glenn Murphy joined the Board of Serta Simmons in June 2017. FIS Holdings invested a significant portion of their capital in SSB Inc. equity.
About the Company: Serta Simmons Bedding is currently owned by 3 private equity Companies: Advent International, Ares Management and the Ontario Teachers’ Pension Plan. With 140 years of sleep innovation experience and its position as the #1 US bedding Company, SSB has diverse product lines across innersprings, specialty foam and hybrid mattresses under the Serta, Beautyrest and Simmons brand names.
Whole Foods market
FIS Holdings teamed up with Jana Partners LLC to acquire 8.7% of WFM. This position became public through a 13D Filing on April 10th, 2017.
The 13D Filing identified multiple operational as well as governance improvements the group expected to be undertaken by the board and management of Whole Foods.
On Friday, June 16th, 2017, Amazon offered to acquire WFM for $42 per share – a deal valued at $13.7B. FIS Holdings has since exited their position in Whole Foods.
About the Company: Whole Foods Market is the leading natural and organic foods supermarket. In fiscal year 2016, the Company had sales of approximately $16 billion and currently has over 465 stores in the United States, Canada, and the United Kingdom.
FIS Holdings teamed up with Jana Partners LLC to acquire 8.91% of BLMN. This position became public through a 13D Filing on November 20th, 2017. After value-generating actions which were reflected in an increase in the Company share price, FIS Holdings exited it's position with a substantial gain.
About the Company: Bloomin' Brands is one of the world's largest casual dining companies with approximately 94,000 Team Members and close to 1,500 restaurants throughout 48 states, Puerto Rico, Guam and 19 countries. Bloomin' Brands is a 2018 Fortune World's Most Admired Company.
FIS Holdings teamed up with Jana Partners LLC to acquire 9.53% of PF. This position became public through a 13D Filing on April 9, 2018. Productive discussions were held with the Board and Management. On June 27th, 2018 Conagra Brands Inc. agreed to buy Pinnacle Foods in an $8.1B deal that valued Pinnacle at $68/share. This transaction closed on Oct 26, 2018.
About the Company: Pinnacle Foods Inc. is a leading manufacturer, marketer and distributor of high-quality branded food products with a mission of unleashing brand potential. With annual sales in excess of $3 billion, Pinnacle Foods has nearly 5,000 employees across the U.S. and Canada.
FIS Holdings injected a significant amount of capital in the form of debt financing in September 2016. FIS also provides advice to the CEO and Founder.
About the Company: Lendified is Canada’s premier online lender for small businesses and offers an AI-powered credit platform to financial institutions across North America. The company also, through its Vault Circle subsidiary, became the first digital lender to secure an exempt market dealer license from the OSC
FIS Holdings became an equity Investor in Giftagram in June 2017 and is providing on-going strategic direction.
About the Company: Giftagram brings back the timeless act of gift giving with the ease of sending a text message. Giftagram is a mobile-first curated gifting platform which partners with best-in-class brands/retailers, allowing users to send beautifully, design focused, quality gifts.