Edison Group & GK Investor Relations establish Edison Israel
Joint venture strengthens Edison’s Israel-based presence and global IR offering
Tel Aviv, Israel, 14 May 2019 – Edison Group (Edison), the leading investment research, investor relations and consulting firm, headquartered in London, with offices in New York, Europe and Asia- Pacific, has established Edison Israel, a joint venture with GK Investor Relations (GK), Israel’s market leading international IR firm, based in Tel Aviv.
The joint venture significantly expands Edison’s physical presence in Israel, broadening its IR service capabilities toward local Israeli companies looking to access international capital. It also adds to Edison’s capabilities in supporting international companies looking to engage with the rapidly growing local Israeli investment market. In addition, the local private and early-stage company ecosystem will be able to strongly benefit from Edison’s global investor networks and deep sector expertise.
Edison Israel brings together the significant experience of Ehud Helft, Kenny Green and Gavriel Frohwein from GK, with that of Will Manuel, who has led Edison’s Israeli business for 6 years. Their combined knowledge of local and international investment markets and the expanded pool of investor funds that the wider Edison Group brings, will significantly increase the opportunity for Israeli companies to secure international investor following and growth funding. In addition, it enables global businesses to tap into the growing institutional investor base in Israel, which exceeds over $1 trillion and is growing by $3 billion monthly, according to the Bank of Israel.
Fraser Thorne, CEO of Edison said: “We are delighted to be working closely with one of the most experienced IR teams in Israel’s capital markets. Ehud, Kenny and Gavriel have a long and successful track record of advising companies and helping them grow their shareholders’ base. Edison is traditionally known for providing independent research for Israeli companies through its work with the Tel Aviv Stock Exchange and I am really pleased that our offering to Israel-based clients has significantly broadened. We look forward to working with the expanded client base over the coming months and years.”
Ehud Helft, Director of Edison Israel said: “With Edison, we can provide a broad suite of services with global reach, including research and advisory services to both public and early-stage Israeli companies. Together, we significantly expand the reach of Israeli-based companies to over 50 thousand investors globally, while adding Israel as an important destination to the global institutional investor map for international companies on European non-deal roadshows.”
Kenny Green, Director of Edison Israel, said: “We are very pleased to become a part of the Edison Group, leveraging its global research and advisory platform to bring Israeli clients a truly differentiated and value-adding offering. It will allow us to better bridge the global investor community with the world’s most interesting, innovative and creative companies, many of which are based here in Israel.”
Edison Group provides a full-service global investor relations offering, as well as insightful and financially rigorous research for US, UK, European, Asian as well as Israeli corporate clients. In addition, Edison Group offers bespoke consulting services, including initial public offering (IPO) advisory solutions and is unique in leveraging a global independent equity research platform for the benefit of clients. Edison’s services are used by over 400 companies globally across all industries, with particular strength in the technology and healthcare sectors including the emerging cannabis space. Edison’s independent research is read by over 50 thousand investors worldwide. In 2016, Edison was appointed by the Tel Aviv Stock Exchange (TASE) as a preferred partner for its equity research program, designed to encourage transparency and investment in Israeli technology and bio-tech firms by ensuring that full and in-depth information is available to facilitate the proper pricing of companies listed on TASE.