Edward P. Meehan, Trustee
Chairman, Finance Committee
Mr. Meehan is the founder of Arcady Bay Partners, an advisory firm that works with companies and investors in the technology and education sectors as an investor and advisor on financing, strategy, and merger and acquisition matters. In addition, he has done advisory work for several well-known investor groups in the education and technology sectors.
Ed formed Arcady Bay Partners in 2002 and has worked with companies such as Venetica, eko Systems, Provost Systems (sold to Edison Schools), EmpoweredU (sold to Qaulcomm), Helix LMS (sold to Ellucian) and others on M&A and fund-raising assignments.
From June 1998 to January 2002, Ed was a managing director with Legg Mason, responsible for overseeing their technology banking efforts in Reston, Va., focusing on Internet-based business models. During that time, his group completed more than 25 financing and advisory assignments in the technology and education sectors. Meehan was responsible for raising private equity for companies such as Capella Education and Marketswitch, and IPO's for Bluestone Software and U.S. Internetworking.
From 1978 to 1995, he was with Merrill Lynch and from 1995 to 1998, he worked for Smith Barney in their respective New York City Investment Banking Groups. From 1978 to 1981, he was an accountant and accounting manager working in the international and leasing departments at Merrill Lynch. In 1981 Ed became an investment banker. At Merrill Lynch he worked on structuring investment partnerships, did M&A work for Merrill Lynch corporate initiatives and worked with several U.S. public utilities such as PSE&G, Baltimore Gas and Electric, Southern Company, Texas Utilities, and Portland General. In his capacity as a utility and energy banker at Merrill Lynch, and later Smith Barney, he worked on more than 100 public debt and equity financing transactions, raising billions of dollars for clients in the sector as well as numerous M&A and strategic assignments.
Mr. Meehan has an MBA in finance and bachelor's degree in accounting from St. John's University in New York. He is also/was a board member of eko Systems, Vision Chain, Second Avenue Learning, MindShare and Straighterline.com.