Princeton, NJ (PRWEB) November 01, 2017
Edison Partners, the growth equity investment firm, has promoted Lenard Marcus to General Partner, expanding its leadership team and recognizing his stellar track record in enterprise solutions and healthcare technology investing.
“We’re excited to recognize Lenard with this promotion to General Partner,” says Chris Sugden, Managing Partner. “Lenard has built a successful track record of finding, managing and exiting investments in fast-growing technology companies. He’s a proven leader who understands entrepreneurs and has a demonstrated ability in helping help them address complex growth and scale challenges.”
Marcus joined Edison Partners in 2005 as a member of the business development team and was promoted to Partner in 2014. His work with enterprise and healthcare technology companies has delivered strong returns to Limited Partners. Marcus currently co-leads the Enterprise Solutions practice and is credited for launching the firm’s enterprise security investment focus. He previously led the firm’s Healthcare IT practice, and co-led the investment in Premier Health Exchange, which grew revenue 1,100%, and exited at 13X return in 2016. He also guided recently-exited eSentire.
“Since joining Edison 12 years ago, it has been a pleasure to be a part of this team dedicated to supporting entrepreneurs and building market leaders,” says Marcus. “I’m excited to play a bigger role contributing to the Edison investment platform as we continue to build the next generation of our firm.”
About Edison Partners
For more than 30 years, Edison Partners has been helping CEOs and their executive teams navigate the entrepreneurial journey and build successful companies. Through the unique combination of growth capital and the Edison Edge platform, consisting of operating leverage, the Edison Director Network, and executive education, Edison employs a holistic approach to accelerating growth and creating value for businesses ($5 to $20 million in revenue) in financial, healthcare, and enterprise solution sectors. Edison investment objectives also include: buyouts, recapitalizations, spinouts and secondary stock purchases.
Edison’s active portfolio has created aggregate market value exceeding $10 billion. Its long- tenured team based in Princeton, NJ manages more than $1 billion in assets throughout the eastern United States.