Mounce joins Baird Capital

Baird Capital said Monday that Melissa Mounce has joined as VP of Human Capital. Mounce previously was the Global Divisional Talent Acquisition Leader for Abbott. Baird is the private investment arm of Robert W. Baird & Co.


Mednax to buy Baird Capital-backed MedData

Mednax has agreed to acquire MedData, a portfolio company of Baird Capital. No financial terms were disclosed. The deal is expected to be completed in the third quarter of 2014. Headquartered in Brecksville, Ohio, MedData is a provider of revenue cycle management solutions.


Baird Capital exits Frontage

Tigermed has acquired a majority ownership stake in Frontage Labs from Baird Capital. No financial terms were disclosed. Based in Exton, Pennsylvania, Frontage is a provider of bioanalysis, preclinical studies, early phase clinical studies and product development services for biopharmaceutical firms.


Baird Capital backs WordStream

WordStream said Tuesday that it has received $12 million in funding. Baird Capital led the round. Based in Boston, WordStream is a provider of search engine marketing solutions.


Baird Capital’s Myelin Health buys AVID

Myelin Health, a portfolio company of Baird Capital, has acquired AVID Design. No financial terms were disclosed. Based in Norcross, Georgia, AVID is a provider of online marketing, communication and technical services to hospitals, healthcare systems and physician groups.

PE-backed Alpha expands leadership team with three new hires

Alpha, which is backed by Baird Capital, has added Paul Quirk, Michael Talbot and Joe Morant to its U.S. senior leadership team. All three will be based in the firm’s New York Office. Previously, Quirk worked at LiquidHub while Talbot and Morant worked at Navigant Consulting. Alpha is a provider of consulting services to asset and wealth managers and the companies that service them.

Montage inks $6 mln Series C

Montage has secured $6 million in Series C funding. Beringea led the round with participation from previous backers Baird Capital, GCI and Calumet Venture Fund. According to the firm, the capital will be used for growth and expansion. Based in Wisconsin, Montage is a provider of video interviewing solutions.


Baird Capital re-hires Bernstein, will be a partner in PE group

Baird Capital said Thursday that Michael Bernstein has rejoined the firm as a partner in its U.S. private equity group. Based in Chicago, Bernstein first joined Baird Capital in 2008 as an executive-in-residence. He is also the former president and CEO of Medical Education Technologies, a portfolio company of Baird Capital.


Columbia Sportswear agrees to buy PE-backed PrAna for $190 mln

Columbia Sportswear Company has agreed to acquire lifestyle apparel brand PrAna from majority owner Steelpoint Capital Partners and others for $190 million in cash. Scott Kerslake, CEO of PrAna, will remain in his position and report directly to Columbia President and CEO Tim Boyle. J.P. Morgan Securities served as financial advisor to Columbia Sportswear Company on the transaction while Baird Capital advised PrAna.

Indi raises $47.25 mln

Molecular diagnostics company Indi has raised $30.25 million in a Series B and $17 million in non-dilutive debt financing provided by Life Sciences Alternative Funding. The round was led by Baird Capital and joined by Indi’s existing investors, InterWest Partners and the Wellcome Trust.

Integrated Diagnostics racks up $47.25 mln

Integrated Diagnostics said Tuesday that it has secured $30.25 million in Series B funding and $17 million in debt financing from Life Sciences Alternative Funding for a total tally of $47.25 million. Baird Capital led the Series B round with participation from return backers InterWest Partners and the Wellcome Trust. Based in Seattle, Integrated Diagnostics is a molecular diagnostics firm pioneering the use of blood-based proteomic tests.


Baird invests in Workforce Insight

Baird Capital, the direct private investment arm of Robert W. Baird & Co, has made a significant investment in Denver-based Workforce Insight. The business is a provider of strategic workforce management consulting, analytics and managed services.


Pfizer Ventures leads Series B round for NeuMoDx Molecular

NeuMoDx Molecular has raised $21 million in Series B financing. Pfizer Ventures led the round with participation from Baird Capital, Venture Investors and return backer Arboretum Ventures. Based in Ann Arbor, Michigan, NeuMoDx Molecular is a diagnostics company.

Baird Capital promotes Ferranti to principal

Baird Capital said Tuesday that it has promoted Roberto Ferranti from vice president to principal. Prior to working at Baird Capital, Ferranti was the vice president in the corporate recovery group of Mesirow Financial. Baird Capital is the private investment unit of Robert W. Baird & Co.


Baird Capital acquires Watkins Hire

Watkins Hire Limited has been sold to its management team, led by CEO Paul O’Kelly, backed by private equity house Baird Capital. Livingstone advised the shareholders of Watkins Hire on the transaction.

Baird Capital invests in Watkins Hire

Baird Capital has invested in Watkins Hire, a provider of industrial and commercial heating and cooling equipment rental services. Watkins will use the funding to expand its rental fleet to support business growth and to invest in its engineering, operational and service infrastructure.


Catalyze.io closes Series A

Catalyze.io, a cloud-based healthcare technology company, has closed a Series A financing round co-led by Baird Capital’s venture capital group, Arthur Ventures and Chicago Ventures, with participation from the State of Wisconsin Investment Board, Gener8tor, Angels on the Water and other individual investors. The company is a cloud-based healthcare technology company.

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