Equity investment firm Edison Partners names new partner

Princeton-based Edison Partners, a growth equity investment firm, announced it has appointed Daniel Herscovici its new partner, expanding its investment team.

Herscovici has extensive experience in Smart Home, IoT and digital transformation.

“Growth-stage technology businesses need more than capital to scale growth and become market leaders,” Chris Sugden, managing partner of Edison Partners, said. “Dan’s proven results in building and running technology and services businesses significantly enhances our ability to invest in and build best-in-class companies.”

Prior to Edison Partners, Herscovici was senior vice president and general manager at Xfinity Home.

“I am delighted to join the Edison team and excited to collaborate with such an outstanding group of investors and company builders,” Herscovici said. “Edison distinguishes itself by investing more than capital in its companies. This holistic view of how to put growth capital to work has proven to deliver outsized returns and made joining the Edison team an easy decision.”