LONDON, May 9, 2016 /PRNewswire/ --
Edison Group, the international strategic advisory and investment research firm, has appointed Tom Teichman as Chairman to support its continued global growth plans.
Teichman brings a proven track record in helping grow an array of innovative companies into sector-based leaders. He has helped shape many businesses to enable them to become successful disrupters in established markets by either creating new markets or permanently changing the nature of those markets.
With his deep expertise in finance and technology, Teichman's experience includes helping Mergermarket, as the first backer of the M&A deals intelligence service, realise its growth and value and, as the first external investor in lastminute.com, guiding the online travel firm towards its ground-breaking flotation. More recently Teichman has backed Kobalt Music, Mind Candy, the creators of MoshiMonsters, notonthehighstreet.com, Squawka, Hardlyeverwornit, Doctify and Elevate Direct.
Teichman will work closely with the Edison executive board, which continues to be led by New York-based Peter Molloy, Chief Executive Officer North America, alongside London-based Fraser Thorne, Chief Executive Officer Europe & Asia and Neil Shah, Global Director of Research.
The arrival of Teichman will further accelerate the growth of Edison's successfully established model of providing its client base with strategic advisory services and quality independent equity research. Since its formation in 2003, Edison has transformed the way companies and investors have been able to access new pools of capital and today serves more than 400 corporate clients supported by over 110 staff, a 50% increase over the past four years.
Ongoing structural changes in investment banking, along with regulatory changes relating to the provision and funding of equities research and corporate access, as prescribed by the EU under various MIFID directives, are helping to accelerate the fundamental decline in the traditional role of brokers, which in turn is creating even more demand for Edison's services.
Edison's clients include National Grid, Smith & Nephew, WPP, Fresenius and HSBC, and an array of small and mid-cap companies across the US, Europe and Asia.
Edison continues with its international expansion and is now fully represented in New York, London, Frankfurt, Tel Aviv and Sydney. Edison has also started working with a number of major stock exchanges globally to help provide equities research for national and dual-listed companies.
About Tom Teichman:
Tom Teichman started his career in insurance at Willis Faber before joining Bankers Trust as an economist. He moved to Credit Suisse then Bank of Montreal Nesbitt Thomson ultimately becoming head of European investment banking before taking his investment banking acumen to the technology sector in the early 1990s just as the full potential of the internet was being realised for general business growth.
During his career Tom Teichman has helped raised over £3bn for companies. In addition to lastminute.com, Teichman's technology and media investments include System C, ARC and Argonaut, which he has helped grow either via successful listings and initial public offerings or trade sales.
He founded SPARK Ventures in 1996, which listed in 1999. More recently in 2014 he co-founded The Garage Soho, a start-up incubator, with Sir John Hegarty, one of the founders of advertising agency Bartle Bogle Hegarty, which invests in and helps build the brands of tech and creative start-ups.
Peter Molloy, CEO of Edison North America said: "Tom is a welcome and hugely valuable asset to Edison as we look to emulate the success he has achieved with his businesses, particularly across North America.
Tom's arrival comes at an exciting time for Edison North America as we accelerate the development of our strategic advisory led model which is leveraging our international investment research platform.
Edison's in-depth sector expertise enables us to provide effective strategic advice and associated services to our corporate clients to help their financial and commercial needs. We continue to invest in our analysts and secure experts in response to demand for our services globally."
Tom Teichman, Chairman of Edison added: "The opportunities ahead are significant as Edison moves into its next stage of successful growth after many years of good expansion. Edison has been bold and taken its proven success based on total independence and trust from corporates and investors already, from London to New York and other major financial centres. I am looking forward to bringing my experience in investment banking, research, tech and growing businesses to help accelerate that growth in the US, in Europe and across Asia-Pacific."
Notes to Editors
Edison is an international strategic advisory and investment research firm with a team of over 110 analysts, investment and roadshow professionals and works with both large and smaller capitalised companies, blue chip institutional investors, wealth managers, private equity and corporate finance houses to support their capital markets activity. Edison provides services to more than 400 retained corporate clients from offices in New York, London, Frankfurt, Tel Aviv, Sydney and Wellington. For further information, please visit: http://www.edisongroup.com. Edison is authorised and regulated by the Financial Conduct Authority.
Connect with Edison on:
Peter Molloy, CEO
James Rossiter, Tania Wild, Julian Mackenzie-Smith
SOURCE Edison Investment Research