Adrian Hanauer

Adrian Hanauer
Born (1966-02-07) February 7, 1966
Nationality American
Alma mater University of Washington
Occupation Businessman
Employer Museum Quality Framing
Known for Seattle Sounders FC
Relatives Nick Hanauer

Adrian Hanauer is an American businessman and majority owner of Seattle Sounders FC.

Business history

Hanauer's family owns Pacific Coast Feather Co., a down pillow, feather bed, and high-end bedding products manufacturer that was originally founded in 1884 in Germany, but currently headquartered in Seattle.[1] While Hanauer never held an executive position within the company, he began working at the company at 13.

Hanauer founded Museum Quality Framing, which is a chain of custom frame stores in Washington, Oregon, and Idaho, in 1988.[2] Hanauer is also the former owner of a chain of pizza stores called Mad Pizza. As an early investor in aQuantive, an online based advertising company, Hanauer turned a substantial profit when the company went public in 2000 and again when Microsoft purchased the company in 2007.[1]

He became the managing partner for the USL Seattle Sounders in 2002 and began reducing the financial losses the team was taking, $1 million per year for the five years proceeding Hanauer's taking over the team, and reduced the losses to $350,000 per year. The team also attained success on the field under Hanauer's leadership, going 23-4-1 in his first season, the second best record in USL history, and made it to the league championship game three times, winning it twice.[1] Hanauer also began working on getting a Major League Soccer team in Seattle. The league passed over Seattle in 2004, choosing instead to expand to better prepared Salt Lake City. Hanauer invested $250,000 for a 15 percent stake in an English soccer team, Cambridge United FC, in May 2007.

Following the MLS All Star game in July 2007, Hanauer was introduced to Hollywood executive, director, and film producer Joe Roth by MLS director Don Garber. The two men hit it off and over the next few weeks, Roth made several visits to Seattle to take in a few Sounders games and get to know Hanauer better. By November, the two had brought in Microsoft co-founder Paul Allen and comedian Drew Carey as investors and MLS had announced Seattle as the next expansion team.[1]

In 2005, Hanauer founded business incubator and venture capital company Curious Office Partners. The company invests in small internet startup companies and offers them office space in Pioneer Square and invests between US$10,000 and $250,000 in the startups.[3]

Personal life

Hanauer's interest in soccer began at the age of 3, he saw his first NASL Sounders game at the age of 8, and was one of only two freshmen to make the soccer team for Mercer Island High School. While Hanauer did not make the team as a sophomore, he continued to play soccer, first on an intramural team while attending University of Washington and currently on two teams in the Greater Seattle Soccer League.[1]

References

  1. 1 2 3 4 5 Meisner, Jeff. "The Gambler". Seattle Magazine. Retrieved 2011-08-21.
  2. Nancy J. Kim (1999-11-19). "Seeking frame and fortune". Puget Sound Business Journal. Retrieved 2008-02-01.
  3. John Cook (2005-09-28). "Startups—the micro approach". Seattle Post-Intelligencer. Retrieved 2008-02-01.

External links

This article is issued from Wikipedia - version of the 11/21/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.