PRINCETON, N.J., Aug. 27, 2018 /PRNewswire-PRWeb/ -- Leading growth equity investment firm Edison Partners today announced it has expanded its Edison Edge value-add platform with the appointments of Jay Naik and Alexandria Symos. The addition of Naik and Symos bolsters the firm's distinctive commitment to delivering operating leverage that accelerates and scales growth for its portfolio of high-growth technology companies.
Operating Partner Jay Naik, a veteran in B2B SaaS, product management and big data operations will establish and lead a new Predictive Product Management practice focused on helping portfolio companies build and scale differentiated product platforms for market and customer expansion. Vice President Alex Symos joins the existing Sales & Marketing Acceleration practice.
"Having the depth and breadth of operating leverage that we bring to our portfolio companies is unique across the growth equity investment landscape," said Chris Sugden, Managing Partner of Edison Partners. "In our view, both capital and operating leverage are paramount to building fast growers and core to our investment strategy."
Prior to joining Edison, Naik was Senior Vice President of Product and Operations for Dataminr. He was an early employee and led all product and operational activities to scale the company from 20 employees to more than 200 globally across four industry verticals and five product domains, building NYC's latest unicorn and preeminent data software company. Prior to Dataminr, Jay was part of the Capital IQ executive team that grew the company over eight years through its acquisition by Standard & Poor's. See full bio.
Symos joins Edison from Billtrust, B2B fintech market leader and former Edison portfolio company, where she held revenue, product and partner marketing positions. Prior to Billtrust, she led channel and partner development for Henkel, growing the company's B2B channel into a $200M+ business. See full bio.
Edison Edge expertise spans go-to-market effectiveness, financial planning and controls, SaaS and data product development, CEO coaching, board leadership, capital formation strategies, M&A and exit optimization, talent acquisition and development, and more. Notably, Edison does not charge monitoring fees for access to the Edge platform.
Edison Partners has financed and guided more than 200 private companies. Recent investments include Bento for Business, a Chicago-based provider of financial management solutions for small and midsize businesses, and Giant Oak, the Arlington, VA-based threat protection platform for government and financial service organizations.
About Edison Partners
For more than 30 years, Edison Partners has been helping CEOs and their executive teams navigate the entrepreneurial journey to 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. Edison targets companies with $5 to $20 million in revenue in the financial technology, healthcare IT, and enterprise technology sectors. Edison investments also include buyouts, recapitalizations, spinouts and secondary stock purchases.
Edison's active portfolio has created aggregated 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.
SOURCE Edison Partners
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