Baird Capital invests in Freemarket
Baird Capital has completed a growth capital investment in Freemarket. The investment supports Freemarket’s continuing fast growth and international expansion, as well as providing a partial cash-out to existing shareholders.
Founded in 1989, Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors globally. Since 1989, the firm has raised and managed more than US$4 billion and invested in over 335 portfolio companies.
Founded in 2011, Freemarket provides its customers with reliable and efficient B2B cross-border payments through its proprietary technology platform. Freemarket’s global banking network and innovative technology platform enables customers to send payments/funds efficiently to over 100 countries in 140 currencies, removing cross-border payment complexities, improving transparency and increasing efficiency.
Oaklins Cavendish, based in the UK, acted as buy-side advisor to Baird Capital on a growth capital investment from its global private equity team, into Freemarket.
Michael Holgate
Partner, Baird Capital
Talk to the deal team
Tom Holland-Hibbert
Oaklins Cavendish
Related deals
TEAM Safety Services Limited has been acquired by Vadella Group
TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.
Learn moreSunrise Eggs has been acquired by Agrova International
Sunrise Eggs, one of the UK’s best-established independent egg producers and distributors, has joined Agrova International AS, a European poultry and agri-foods group.
Learn moreBrand Group has acquired The Natoon Group
The Natoon Group has been acquired by Brand Group. This acquisition represents a significant strategic move that will help establish new, robust and stable growth channels. The transaction is intended to expand Brand Group’s revenues through service companies with recurring and predictable income streams supported by long-term contracts. As part of the agreement, Natoon’s senior management will continue to lead the company’s growth.
Learn more