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Liberty Tax Backer Cashes Out Big

Gary Golding, Edison VenturesEdison Ventures, one of the investors in JTH Holding, has sold its interest in JTH, parent company of Liberty Tax Service. The firm said it had invested $3.3 million in Liberty in July 2012 and its proceeds of $45 million were just under 14 times the original investment.

Gary Golding, Edison Ventures General Partner and a former member of Liberty Tax board of directors, praised Liberty CEO John Hewitt. In a prepared statement, Golding commented, "He exemplifies the best of the entrepreneurial spirit and has been an inspiration to all of us at Edison," George Robson, a member of Edison's Director Network, continues as Liberty's Audit Committee Chairman

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