Internet-based foreign exchange trading for institutional investors, money managers and private investors. Edison Ventures proudly announces that GAIN Capital Holdings started trading on the New York Stock Exchange under the symbol “GCAP”
Edison focused on building a market leader from day one. Chris Sugden’s active board leadership and domain expertise were a constant for us.
2001 - Edison leads investment in GAIN Capital
2007 - Chris Sugden joins board and facilitates company purchase of founder CEO shares; transitioning him to Chairman and promoting Glenn Stevens to CEO
2008 - GAIN Capital achieves $80M run rate; $710M valuation
2009 - Company reports $153M in revenue, 42% CAGR; Edison also recruits next-stage leadership team
2010 - GAIN Capital trades on NYSE (GCAP), resulting in an 18X return and 13% ownership to Edison
2014 - Edison completes distribution of entire holding of GAIN Capital (GCAP) shares to its limited partners resulting in 17x return