Baird Capital Portfolio Company Coalfire Secures Strategic Investment

Baird Capital Portfolio Company Coalfire Secures Strategic Investment

September 23, 2015


Baird Capital is pleased to announce that its Venture Capital portfolio company Coalfire, a leader in cybersecurity risk management and compliance services, has received a strategic investment from The Carlyle Group (NASDAQ: CG) and The Chertoff Group.

More than 1,500 enterprises and governments worldwide rely on Coalfire's expertise to protect their businesses from security breaches and data theft while complying with global financial, government, industry and legal mandates. With its new strategic investment, Coalfire is well-positioned to double its market share globally by 2017 through the growth of its cyber risk advisory, compliance assessment, technical testing and software services. The investment is being directed to rapidly expand the Company's market presence domestically and internationally, recruit top talent and enhance its Labs services and software platform.

Baird Capital will continue to maintain a significant equity interest in the company and Jim Pavlik will remain in his role on Coalfire's Board of Directors.

Contact Investment Team

Jim Pavlik
Partner
312-609-4701
[email protected]    

Benedict Rocchio
Partner
312-609-4706
[email protected]    

Joanna Linsley
Senior Associate
312-609-2555
[email protected]