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.

Service

M&A buy-side

Parties

“We are delighted to have completed this investment and look forward to partnering with the Freemarket management team as they seek to capitalize on the market opportunity before them. It has been a pleasure to work with the team at Oaklins Cavendish on this transaction – we valued the support and expert sector knowledge they provided throughout the process.”

Michael Holgate

Partner, Baird Capital

Talk to the deal team

Ben Goldring

Partner

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Tom Holland-Hibbert

Associate Director

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Related deals

Niscon Inc. has been acquired by SGPS ShowRig

Broadcasting, Streaming & Entertainment | Events | Software & Technology

Niscon Inc. has been acquired by SGPS ShowRig

Niscon Inc. has been successfully acquired by SGPS ShowRig, a global provider of staging, rigging and automation for live entertainment. The acquisition reinforces SGPS Showrig’s commitment to pushing the boundaries of innovation in the entertainment industry. By adding Niscon’s unique motion-control technology to its portfolio, SGPS Showrig strengthens its ability to deliver cutting-edge, precision-driven solutions.

Learn more

American Casting Company has been acquired by Arcline Investment Management

Private Equity

American Casting Company has been acquired by Arcline Investment Management

Arcline Investment Management has completed a strategic investment in American Casting Company (ACC), a leading provider of highly engineered investment castings for aerospace, defense, medical and specialty industrial applications.

Learn more

Smile Invest has acquired RB+ Groep

Private Equity

Smile Invest has acquired RB+ Groep

Smile Invest has acquired a majority stake in RB+ Groep, a specialist in comprehensive fire prevention solutions operating under the brands Van der Aa, Firejob and Preficon Europe, with a strong focus on constructional fire prevention. This transaction supports RB+’s growth ambitions and enables the company to expand into adjacent and international markets.

Learn more