MIAMI, September 27, 2007 – Baird Capital Partners (BCP), the U.S.-based buyout fund of Baird Private Equity, today exited its equity investment in TrialGraphix, Inc. through its sale to Kroll, Inc., a leading risk consulting company and operating unit of the global professional services firm Marsh & McLennan Companies, Inc. (NYSE: MMC). TrialGraphix will operate as part of the Legal Technology business of Kroll Ontrack®. TrialGraphix, Inc., based in Miami, is a leading national provider of litigation consulting services specializing in trial exhibits, multimedia technology and jury consulting. The value of the transaction was not disclosed.
“Baird Capital Partners is proud to have partnered with the TrialGraphix management team and Frontenac Company to help the Company achieve its outstanding record of financial performance,” said Dave Pelisek, BCP Partner. “CEO Steve Stolberg and his team are to be congratulated on building a strong business and surpassing our initial goals and objectives for the Company in an accelerated timeframe.”
BCP first invested in TrialGraphix in December 2004. As typical of its investing approach, BCP’s support of TrialGraphix extended well beyond providing capital. During the partnership period, BCP maintained an active role on the company’s Board of Directors and focused on assisting management in capitalizing on the Company’s expansion opportunities, by both adding to service offerings and entering into new markets.
TrialGraphix, a national leading provider of litigation consulting services specializing in trial exhibits, multimedia technology, and trial consulting, serves trial attorneys within law firms and the legal departments of Fortune 1000 companies preparing for mediation, arbitration or trial. Headquartered in Miami, the Company also operates offices in Atlanta, Chicago, New York, Los Angeles and Washington, DC, and is among the top providers of litigation consulting services in each of these major U.S. legal markets.
About Baird Capital Partners
Baird Capital Partners, the U.S.-based buyout fund of Baird Private Equity, provides change-of-control and growth capital to middle-market companies in the Business Services and Manufactured Products sectors. Baird Capital Partners leverages its in-depth sector knowledge, experienced investment team and extensive operating resources to drive value in its portfolio companies. Baird Capital Partners is supported by operating resources in China (Beijing, Hong Kong, and Shanghai) and India (Bangalore), focused on facilitating and executing Asia sourcing, manufacturing and distribution strategies for BCP’s portfolio companies. For more information, please visit www.bairdcapitalpartners.com.
Baird Private Equity, the global private equity group affiliated with Robert W. Baird & Co. (Baird), makes venture capital, change-in-control and growth equity investments in the United States through Baird Venture Partners and Baird Capital Partners and in Europe through Baird Capital Partners Europe and Granville Baird Ltd, an affiliated fund manager that invests in Germany. With more than 40 investment professionals in the United States and Europe and over 20 operating professionals in Asia, Baird Private Equity has raised and managed $2.2 billion in capital. For more information, please visit www.bairdprivateequity.com.