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Private Equity
FINANCE | Investment Banking
bairdcapital.com

Investments

113

Portfolio Exits

49

Funds

31

Partners & Customers

3

Service Providers

1

About Baird Capital Partners

Baird Capital Partners, the U.S.-based buyout fund of Baird Capital, makes buyout investments in high potential companies in the Business Services, Healthcare and Manufactured Products. The fund invests in well-positioned U.S. companies with successful, highly motivated management teams offering differentiated products and services in growing markets.

Headquarters Location

777 East Wisconsin Avenue

Milwaukee, Wisconsin, 53202,

United States

800-792-2473

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CB Insights Intelligence Analysts have mentioned Baird Capital Partners in 1 CB Insights research brief, most recently on Apr 6, 2021.

Latest Baird Capital Partners News

G2 Capital Advisors Served as Exclusive Financial Advisor to Vitalyst, a portfolio company of Baird Capital, on its Sale to Alithya (NASDAQ: ALYA)

Feb 1, 2022

(NASDAQ: ALYA) 02/01/2022 | 03:44pm EST Message : CLIENT Founded in 1992, Vitalyst, LLC ("Vitalyst" or "the Company") is an award-winning Microsoft Gold Partner that provides best-in-class employee experience and transformative change enablement services via an on-demand, subscription-based training platform. The Company serves as a strategic partner to a diverse base of Fortune 1000 blue-chip customers across a wide variety of industries. Vitalyst's more than 165 professionals currently support over 350 business applications for over 400 clients that operate in more than 20 countries. Its services are offered in over 10 languages and drive usage and awareness of Microsoft applications, allowing organizations to achieve the maximum return on their investment by enhancing user proficiency and productivity. G2 served as sell-side advisor to Vitalyst, portfolio company of Baird Capital, on its sale to Alithya (NASDAQ: ALYA) SITUATION Vitalyst and prior owner Baird Capital Partners ("Baird") were seeking to further the Company's position as a leading technology services provider building on the strength of its extensive experience in virtual learning and its long-standing partnership with Microsoft. They sought a partner that shared the vision of Vitalyst's growth strategy and its focus on customer and employee satisfaction. ENGAGEMENT G2 Capital Advisors , LLC ("G2") was engaged by Vitalyst as its exclusive financial advisor. G2 led a highly targeted, strategic, and efficient sell-side transaction process focused on identifying the right partner for the Company. OUTCOME In January 2022, the transaction was successfully executed through a sale to Alithya Group, Inc. (NASDAQ: ALYA, "Alithya"), a leader in strategy and digital transformation. "Vitalyst is a highly differentiated service provider that, with Alithya's partnership, is primed to continue on an exciting growth trajectory. We are eager to see what opportunities their new partnership will unlock. This transaction is a fantastic example of G2's strategy of partnering with market-leading organizations within industry verticals that we know incredibly well." said Kerri Ford, G2 Managing Director and Head of Technology & Business Services . Brett Tucker, Partner at Baird shared, "The Vitalyst management team has done an exceptional job leading the business and we were honored to partner with a best-in-class team at G2. Kerri and the team at G2 ran an outstanding process, and we couldn't be more pleased with the result." About G2 Capital Advisors G2 Capital Advisors provides M&A, capital markets and restructuring advisory services to the middle market. We offer integrated, multi-product and sector-focused services by pairing highly experienced C-level executives with specialist investment bankers. We aspire to be the trusted advisor of choice to our clients including corporations and institutional investors. For more information, visit  www.g2cap.com . CONTACTS ON THIS DEAL:

Baird Capital Partners Investments

113 Investments

Baird Capital Partners has made 113 investments. Their latest investment was in Forj as part of their Series A on January 1, 2023.

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Baird Capital Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/5/2023

Series A

Forj

$18.05M

No

7

11/29/2022

Series C

Zylo

$31.5M

Yes

14

11/29/2022

Series B

HSP Group

$14M

No

11

10/20/2022

Series B

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$99M

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10

9/7/2022

Series C

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$99M

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10

Date

1/5/2023

11/29/2022

11/29/2022

10/20/2022

9/7/2022

Round

Series A

Series C

Series B

Series B

Series C

Company

Forj

Zylo

HSP Group

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Amount

$18.05M

$31.5M

$14M

$99M

$99M

New?

No

Yes

No

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Co-Investors

Sources

7

14

11

10

10

Baird Capital Partners Portfolio Exits

49 Portfolio Exits

Baird Capital Partners has 49 portfolio exits. Their latest portfolio exit was bfinance on February 14, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/14/2023

Management Buyout

$99M

Management Buyout (MBO)

1

12/15/2022

Acquired

$99M

5

8/22/2022

Acquired

$99M

11

2/3/2022

Management Buyout

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$99M

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10

2/3/2022

Reverse Merger

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$99M

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10

Date

2/14/2023

12/15/2022

8/22/2022

2/3/2022

2/3/2022

Exit

Management Buyout

Acquired

Acquired

Management Buyout

Reverse Merger

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Management Buyout (MBO)

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Sources

1

5

11

10

10

Baird Capital Partners Acquisitions

41 Acquisitions

Baird Capital Partners acquired 41 companies. Their latest acquisition was eCube on August 20, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/20/2020

$99M

Acq - Fin

3

7/24/2018

$99M

Acq - Fin

1

6/6/2017

$99M

Acq - Fin

3

6/2/2017

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$99M

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10

9/15/2016

Other

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$99M

$99M

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10

Date

8/20/2020

7/24/2018

6/6/2017

6/2/2017

9/15/2016

Investment Stage

Other

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

Note

Acq - Fin

Acq - Fin

Acq - Fin

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Sources

3

1

3

10

10

Baird Capital Partners Fund History

31 Fund Histories

Baird Capital Partners has 31 funds, including Baird Capital Global Fund II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/22/2021

Baird Capital Global Fund II

$340M

2

3/31/2020

Baird Capital Partners Fund V

$215M

2

12/27/2019

BVP V Special Affiliates

Multi-Stage Venture Capital

Open

1

6/28/2017

Baird Capital Partners Global Fund

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$99M

10

11/18/2014

Baird Capital Partners IV

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$99M

10

Closing Date

7/22/2021

3/31/2020

12/27/2019

6/28/2017

11/18/2014

Fund

Baird Capital Global Fund II

Baird Capital Partners Fund V

BVP V Special Affiliates

Baird Capital Partners Global Fund

Baird Capital Partners IV

Fund Type

Multi-Stage Venture Capital

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Status

Open

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Amount

$340M

$215M

$99M

$99M

Sources

2

2

1

10

10

Baird Capital Partners Partners & Customers

3 Partners and customers

Baird Capital Partners has 3 strategic partners and customers. Baird Capital Partners recently partnered with Moderna Therapeutics on August 8, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

8/19/2021

Partner

United States

Baird Capital Portfolio Company Azzur Unveils Strategic Partnership with Moderna.

Baird Capital portfolio company Azzur Group today announced the expansion of its ongoing business relationship with the life sciences company Moderna .

1

6/10/2019

Partner

United States

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10

8/23/2018

Partner

United States

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10

Date

8/19/2021

6/10/2019

8/23/2018

Type

Partner

Partner

Partner

Business Partner

Country

United States

United States

United States

News Snippet

Baird Capital Portfolio Company Azzur Unveils Strategic Partnership with Moderna.

Baird Capital portfolio company Azzur Group today announced the expansion of its ongoing business relationship with the life sciences company Moderna .

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Sources

1

10

10

Baird Capital Partners Service Providers

1 Service Provider

Baird Capital Partners has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

General Counsel

Service Provider

Associated Rounds

Provider Type

Counsel

Service Type

General Counsel

Partnership data by VentureSource

Baird Capital Partners Team

15 Team Members

Baird Capital Partners has 15 team members, including former Chief Executive Officer, Michael Proudlock.

Name

Work History

Title

Status

Michael Proudlock

Chief Executive Officer

Former

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Name

Michael Proudlock

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Work History

Title

Chief Executive Officer

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Status

Former

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