25 July 2018
Taylor Wessing has advised Baird Capital, the direct investment arm of Robert W. Baird & Co, on its acquisition of a majority interest in Collingwood Lighting ("Collingwood"), a leading designer and supplier of residential, commercial and exterior lighting.
As part of this deal, Baird Capital partners James Benfield and Dennis Hall will join the Collingwood board of directors.
Commenting on the transaction, James Goold said: "This deal was an exciting opportunity for Baird Capital to bring Collingwood into its diverse portfolio. For us at Taylor Wessing, it was a pleasure to advise on this deal. Not only is it a positive thing to help a client acquire a business that is such a natural fit, it is also wonderful to be able to bring our multidisciplinary skills to bear to form this new relationship. Baird Capital will help Collingwood expand and I am sure I can speak for all of the team when I say we are looking forward to seeing this acquisition bear fruit."
The deal team was led by partner James Goold with assistance from senior associate Jonny Bethell and associate Alex Walker, both members of the Private Equity practice group.
Further support was provided by partner Martin Yells and associate Katie Horbury from the Banking and Finance team, as well as partner and patent specialist James Marshall.