bfinance bags 51% stake from Baird Capital in MBO

The transaction was supported by US-based Beach Point Capital Management.

  • bfinance is an investment consulting firm headquartered in London
  • Baird is an investment firm with over $360bn in assets under management
  • Beach Point is a global investment firm based in Santa Monica, with $17.3bn in assets under management

bfinance’s management team has completed a management buyout by securing a 51 percent stake in the firm from Baird Capital.

bfinance is an investment consulting firm that provides advice and services to pension funds and other institutional investors. It is headquartered in London and has offices in nine countries.

The firm’s revenues rose by around 70 percent since 2018, with particularly strong growth in the private markets and portfolio solutions divisions, according to a release.

Beach Point Capital Management, based in the US, provided assistance to bfinance in this deal.

“bfinance embodies the characteristics that we look for in our investments,” said Shane Lanigan, portfolio manager at Beach Point. “The company has an established brand with excellent opportunities for growth and a strong management team.”

Baird Capital first invested in the firm in 2016.

“The team at Baird Capital is deeply proud of the growth we’ve helped them achieve over our investment period, expanding the services provided and significantly increasing overseas revenues across Europe, the Middle East, Australasia and North America,” said Andrew Ferguson, partner at Baird Capital.

Baird is an investment firm that makes venture capital, growth equity and private equity investments in strategically targeted sectors. The firm is headquartered in Milwaukee, Wisconsin, with over $360 billion in assets under management.

Beach Point is a global investment firm founded in 2009 managing $17.3 billion in assets. The firm is based in Santa Monica, California.