CHICAGO, July 1, 2010 – Baird Capital Partners, the U.S. based buyout fund of Baird Private Equity, announced today that its portfolio company METI has closed the acquisition of Lionis Software, LLC. METI, a worldwide leader in medical simulation technologies and educational software, acquired Lionis Software, LLC, to expedite METI’s planned roll out of LearningSpace, a web-based learning management system. LearningSpace will be powered by Lionis’ WebSP engine, an internationally recognized web-based audiovisual and center management system for healthcare education used by leading medical schools including Emory, University of Virginia, Uniformed Services University and Baylor College of Medicine.
For more information, please read METI’s announcement.
About Baird Capital Partners
Baird Capital Partners, the U.S.-based buyout fund of Baird Private Equity, invests in lower middle-market companies in the business services, manufactured products and healthcare sectors. Established in 1989, Baird Capital Partners leverages its deep 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 Baird Capital Partners’ portfolio companies. For more information, please visit http://www.bairdcapitalpartners.com.
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For additional information, contact:
Gordon Pan, Partner
Baird Capital Partners
312-609-5498
Angela Pittman Taylor
Baird Public Relations
414-298-1902
