First Group of Ohio Companies Join ELITE USA
COLUMBUS, Ohio--(BUSINESS WIRE)--Dec 5, 2018--ELITE, London Stock Exchange Group’s (LSEG) international business support and capital raising initiative, today welcomes ten new companies from Ohio. This is the first group of U.S. companies to join ELITE following the launch of ELITE USA in collaboration with JobsOhio earlier this year.
To mark the occasion, the CEOs of companies joining the new ELITE USA cohort will be welcomed by Luca Peyrano, CEO, ELITE and John Minor, President, JobsOhio at an event in Columbus, Ohio today. They will be joined by President of the Ohio Senate Larry Obhof; Speaker of the Ohio House of Representatives Ryan Smith; and British Consul General for Chicago John Saville.
The companies represent a diverse range of sectors, from craft brewing to healthcare.
New ELITE USA companies:
The state of Ohio is the first state to offer the ELITE programme in the United States of America. The choice to launch in Ohio reflects the state’s strong business climate and diverse economy. Ohio is the seventh largest economy in the U.S., the twenty-first globally; the state also has the fifth highest number of Fortune 500 and Fortune 1000 company headquarters. With over 900,000 small and medium sized businesses, Ohio has one of the largest concentrations of SMEs in the U.S.
Designed to help ambitious businesses prepare and structure for their next stage of growth, ELITE provides companies with training and mentoring to support management best practice and entrepreneurship; promotes relationships and opportunities with potential investors; and facilitates access to the full range of funding options. Today, more than 1,000 companies, advisors and investors from across 35 sectors and 35 countries make up the growing ELITE community. ELITE companies exhibit up to seven times the revenue growth and four times the number of jobs created in comparison to industry peers.
Luca Peyrano, CEO, ELITE:
“I am delighted to welcome the 10 companies from Ohio to ELITE today, our first ELITE group from the United States. Thank you to JobsOhio and the State of Ohio for their support and close collaboration to make the launch of ELITE USA a success.
“We are delighted to work with the state’s ambitious companies, supporting them with training and access to business and entrepreneurial networks to help them reach their development goals, driving growth and job creation.”
John Minor, President & Chief Investment Officer, JobsOhio:
“London Stock Exchange Group could have chosen to launch ELITE anywhere in the United States, and it chose Ohio. This speaks to the strength and number of Ohio’s small businesses and middle market companies, and we are proud of the inaugural cohort from Southeast Ohio, which will now have access to the world’s finest expertise to help them continue to grow and create jobs.”
Notes to editors:
ELITE is a platform and ecosystem that helps private, ambitious companies grow, offering them access to education, business support and direct contact with the international financial and advisory community. Management teams are guided on how best to fast-track their development, how to access the most suitable funding for their needs, whether private equity, venture capital or the bond or equity markets, and given advice on building their profile and reach. ELITE also operates its own funding platform to enable efficient access to capital from private, professional investors.
ELITE facilitates its vibrant international advisor and investor community the opportunity to engage with a pool of high quality, dynamic companies and entrepreneurs, all of whom are open to the advice, opportunities and connections that the programme offers.
There are over 1,000 businesses from across 35 countries in the ELITE community. They are generating over $80 billion in combined revenues and employ over 400,000 people across Europe and internationally.
For further information on the programme, companies and the full list of partners, please go to: www.elite-network.com
About London Stock Exchange Group
London Stock Exchange Group (LSEG) is an international markets infrastructure business. Its diversified global business focuses on capital formation, intellectual property and risk and balance sheet management. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, ETF, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS (a European fixed income market); and Turquoise (a pan-European equities MTF). Through its platforms, LSEG offers market participants, unrivalled access to Europe’s capital markets. The Group also plays a vital economic and social role, enabling companies, including SMEs, to access funds for growth and development.
Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with approximately $16 trillion benchmarked to its indexes. The Group also provides customers with an extensive range of data services, research and analytics through The Yield Book, Mergent, SEDOL, UnaVista, XTF and RNS.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of LCH, a multi-asset global CCP operator, LSEG owns CC&G, the Italian clearing house and Monte Titoli, a leading European custody and settlement business.
LSEG Technology develops and operates high performance technology solutions, including trading, market surveillance and post trade systems for over 40 organisations and exchanges, including the Group’s own markets.
Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,500 people.
Further information on London Stock Exchange Group can be found at www.lseg.com. The Group’s ticker symbol is LSE.L
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CONTACT: Christopher Loscher
/ Alex Ritterman
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SOURCE: London Stock Exchange Group
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PUB: 12/05/2018 02:00 PM/DISC: 12/05/2018 02:01 PM