Milwaukee-based
Robert W. Baird & Co.’s private equity and venture capital arm,
Baird Capital, invested in Florida-based HSP Group, the company recently announced.
HSP Group offers finance, tax, legal, mergers and acquisitions transaction services and human resources personnel to help businesses grow and manage their international operations.
Including HSP Group, Baird Capital has
27 active venture capital deals. Baird Capital did not disclose the investment amount for HSP Group.
“Baird really knows our market, and our relationship is built on a solid foundation of trust,” HSP Group founder and chief executive officer Larry Harding said in a statement. “I couldn’t be happier to be working with them as we focus on making HSP Group the client-preferred provider of global expansion services.”
Harding previously led High Street Partners, a former Baird portfolio company. In 2011, Baird led a $6.3 million round in High Street Partners, which Harding also founded.
“We are extremely pleased to help Larry Harding and the founding team at HSP Group launch their operations, and accelerate their expansion and service offerings,” Baird Capital partner Benedict Rocchio said in a statement. “We witnessed first-hand the growth of one of our former portfolio companies under Larry’s leadership, and the opportunity to partner again is exciting for our firm.”