Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
The Hygenic Corporation, a portfolio company of Baird Capital Partners
Sale to Cortec Group Fund IV, L.P.
Baird served as the exclusive financial advisor to Hygenic and its shareholders on this transaction.
The Hygenic Corporation (“Hygenic”), a portfolio company of Baird Capital Partners, American Capital Strategies Ltd. and Beecken Petty O’Keefe & Company, recently announced that is has been acquired by Cortec Group Fund IV, L.P., a New York-based private equity firm. Terms of the transaction were not disclosed.
Hygenic is a leading designer, manufacturer and marketer of branded, consumable products used in the therapy, rehabilitation and professional wellness markets. The Company’s primary products include Thera-Band® progressive resistance exercise bands and BIOFREEZE® topical analgesic, both of which are marketed to physical and occupational therapists, athletic trainers, chiropractors, podiatrists and therapeutic massage practitioners. Hygenic is also a leading provider of specialty elastomer products to leading healthcare and dental OEMs.
The Baird team included our dedicated industry bankers and members of our Financial Sponsor Group.