Princeton-based 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.”Related Articles: