Baird Capital, the private investment arm of Robert W. Baird & Co., said Thursday that it has has acquired Kason Corp. No financial terms were disclosed. Jon Weiner, who teamed up with Baird Capital on the acquisition, will head Kason as CEO while Henry Alamzad continues in his role as president. Based in Millburn, NJ, Kason is a maker of industrial filtration and separation processors.
MILLBURN, N.J., Oct. 31, 2013 – Baird Capital, the direct private investment arm of Robert W. Baird & Co., announced today that its U.S. Private Equity group has acquired Kason Corporation (Kason), a manufacturer of industrial filtration and separation processors.
Based in Millburn, N.J., with locations around the world, Kason manufactures equipment such as circular vibratory screeners and centrifugal screeners designed to separate bulk solids materials from solids and slurries, as well as a line of fluid-bed processors for drying, cooling, or moisturizing of bulk solids. The company serves a variety of end-markets, primarily food and dairy, chemical and plastic manufacturers. Through this acquisition, Baird Capital will leverage its extensive knowledge of the process controls industry and on the ground resources in China to help Kason further develop its innovative technologies.
“We are very pleased to be partnering with Baird Capital,” said Kason President Henry Alamzad. “We look forward to working with their team to build on our past success and continue to offer the high quality products our customers have come to expect.”
Baird Capital partnered with executive Jon Weiner on the acquisition of Kason. Weiner will lead Kason as CEO and Mr. Alamzad will continue as President. Previously Weiner served as President of Pall Industrial-The Americas, a subsidiary of Pall Corporation that specializes in filtration, separation and purification products.
“Baird Capital’s successful track record of investing in industrial companies and supporting their growth makes them an excellent partner for Kason,” said Weiner. “I look forward to working with the existing management team to enhance Kason’s reputation as a provider of effective separation solutions.”
“We have actively followed the process controls industry for several years and believe Kason is a strong business with an established market position,” said Andrew Brickman, Partner in Baird Capital’s U.S. Private Equity group. “The team we have built with Jon Weiner and Henry Alamzad positions us to scale the business by developing better penetration in our existing markets, while also looking to expand into international markets.”
About Baird Capital
Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors around the world. Since 1989, Baird Capital’s U.S. Private Equity group has invested in growing and profitable lower-middle-market companies in the Business Services, Healthcare, and Industrial and Consumer Products sectors. Having invested in more than 270 companies over its history, Baird Capital partners with entrepreneurs and, leveraging its executive networks, strives to build exceptional companies. Baird Capital provides operational support to its portfolio companies through teams on the ground in Asia, a proactive portfolio operations team and a deep network of relationships which together strive to deliver enhanced shareholder value. Baird Capital is the direct private investment arm of Robert W. Baird & Co. For more information, please visit www.BairdCapital.com.