Investment bank Berenson & Company has added Jonathan Newcomb, an information services and publishing executive, as a new Managing Director. Mr. Newcomb will advise and assist companies and private equity firms in the information, publishing and education markets regarding strategic direction and repositioning, business development, and strategic transactions.
Mr. Newcomb, the current Chairman of Swets, an information services company, has also served as Chairman and CEO of Simon & Schuster, and President of the McGraw Hill Financial Information Group. In addition to his lead role on the Board of Swets, Mr. Newcomb serves on the boards of Journal Communications, United Business Media, Education Dynamics and the Columbia Business School. Mr. Newcomb is a graduate of Dartmouth College and The Columbia Business School and served as a United States Army 1st Lieutenant in Vietnam.
“We’re delighted to have such an accomplished executive in the education and information services sectors joining our team,” said Berenson President Jeffrey Sechrest. “At this time of rapid transition across the broad media and technology space, the insights and experience he brings regarding strategic development, business formation, integration, and execution will prove invaluable to our clients, and will further deepen our emphasis on the Media, Entertainment, Telecom and Technology sectors.”
Berenson & Company is an investment banking firm that provides financial advice to a range of public and private corporations, financial institutions, equity sponsors and entrepreneurs. The firm’s investment banking capabilities include mergers & acquisitions advisory services, public and private financings of debt and equity, and financial restructuring and recapitalizations. Berenson & Company was founded in 1990 and is based in New York (www.berensonco.com).
“This is an exciting time to be in the media and information space,” said Mr. Newcomb. “There is abundant opportunity both for established players adjusting to a rapidly changing landscape and for innovative new businesses capitalizing on new technologies and not weighed down with baggage of past business models. I’m excited to be working at the intersection of operations and investment in these sectors, and Berenson is the perfect place to leverage my background and network.”
© 2012 PEPD • Private Equity’s Leading News Magazine • 11-9-12