LAWRENCEVILLE, N.J., July 14, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Edison Ventures announced today a new name, Edison Partners, and website, http://www.edisonpartners.com. The new name more closely unifies the firm's investment strategy with the people and partnership approach behind it. The change is effective immediately.
"This is an exciting time for our firm and we believe the name, Edison Partners, not only is representative of our evolution in recent years, but also better describes our strategy in terms of our approach with entrepreneurs and stage of company in which we invest," said Chris Sugden, Managing Partner.
The firm's new name reflects its commitment to:
1. An investment strategy focused on early growth equity opportunities with technology companies at a later stage of development than traditional venture capital, but smaller checks and earlier stage than most growth equity firms, a differentiated approach that delivers venture returns with lower risk.
2. Providing unmatched value-added services to its portfolio companies with the Edison Edge platform, a holistic approach to supporting the entrepreneur's journey through strategic advisory, a world-class C-level network, and a comprehensive portfolio of executive education programs.
3. A new ownership and management structure – a partnership emphasizing learning, innovation, empathy, relentless execution, and collaborative decision-making -- under the leadership of Chris Sugden, Managing Partner, and four General Partners.
"For 28 years, Edison's mission has been rooted in the principles of Thomas Edison, the original innovator and entrepreneur. We seek to accelerate an entrepreneur's vision and increase their chance of success," added Chris Sugden. "We strive to deepen the meaning of our mission in this new era of the firm -- for our portfolio executives, Limited Partners, Edison Director Network members and service providers."
About Edison Partners
For 28 years, Edison Partners has been helping CEOs and their executive teams navigate the entrepreneurial journey to becoming successful companies. Through the unique combination of early growth equity and the Edison Edge platform, consisting of strategic advisory, the Edison Director Network, and executive education programs, Edison employs a holistic approach to nurturing invention and creating value for growth-stage businesses ($5 to $20 million in revenue) in financial technology, healthcare IT, interactive marketing, and enterprise IT industries. Edison investment objectives also include: buyouts, recapitalizations, spinouts and secondary stock purchases.
The Edison portfolio has created aggregate market value exceeding $5 billion. Its long-tenured team, based in Lawrenceville, NJ, New York, NY, McLean, VA and Cleveland, OH, currently manages more than $850 million in active investments throughout the eastern United States.
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