bfinance Holdings Limited has been acquired by Baird Capital

April 2016 — The private shareholders of bfinance Holdings Limited (bfinance) have sold a majority stake in the company to private equity firm Baird Capital. Financial details have not been disclosed.

Founded in 1999 by David Vafai, bfinance offers investment advisory solutions to institutional investors worldwide. bfinance specialises in investment implementation, spanning a range of services from investment strategy design, to manager selection, portfolio risk solutions and investment monitoring. The company is headquartered in London, with offices in Amsterdam, Munich, Montreal, Paris and Sydney.

David Vafai, Founder and CEO of bfinance, commented: “This is an exciting deal for our business. Baird Capital’s experience and resources will be invaluable as we seek to further enhance our services and global reach. Baird’s deep understanding of the financial services industry and its global network will be valuable as we look to drive our growth both domestically and abroad. Our improved capabilities will also help us better serve our institutional clients who now, more than ever, need excellent advice to help them in their search for yield and to protect their portfolios in today’s highly volatile markets. We are building bfinance’s next phase of growth on very strong foundations, with our client base of blue-chip institutions and clearly differentiated advisory services winning an increasing number of adherents globally. When looking for an advisor we wanted someone with an international network and experience of working with Private Equity firms. Cavendish had the expertise to facilitate the transaction and the support they provided was invaluable.”

Our role in the transaction

Oaklins Cavendish, based in the UK, advised the shareholders of bfinance on the majority stake sale of the business to Baird Capital.