Baird Capital Partner’s Digi-Star Acquires RDS Technology
Acquisition Increases Agricultural Product Offering and Strengthens Global Opportunities
FORT ATKINSON, Wis., Nov. 5, 2012
Baird Capital Partners, the U.S.-based buyout fund of Baird Private Equity, announced today that its portfolio company Digi-Star LLC (“Digi-Star”) has acquired RDS Technology (“RDS”). Ford Campbell advised the seller on the transaction. The terms of the deal were not disclosed.
Digi-Star, based in Fort Atkinson, Wis., is a leading international provider of advanced measuring solutions for optimizing agricultural performance. Its customized systems and data collection and management software are incorporated into mobile farm equipment to provide precise control over input costs, monitor resource utilization, enhance yield management and optimize farm profitability.
Headquartered in the United Kingdom, RDS is a global market leader in monitoring, measuring and control systems for the agricultural machinery industry. The company also provides on-board weighing equipment to industrial markets such as the quarrying, aggregate and recycling sectors.
“We are excited to welcome the RDS team into the Digi-Star family, expanding our existing global footprint,” said Grant Ihrke, President of Digi-Star. “This partnership is a great fit in many important ways, and we look forward to building on our shared strengths for continued growth and success.”
“The acquisition of RDS significantly broadens Digi-Star’s sales and distribution platform and enhances the company’s product lines with complementary offerings,” said Andrew Brickman, Partner at Baird Capital Partners. “This combination allows Digi-Star to operate as a comprehensive control solutions provider to the agricultural and industrial markets, meeting an expressed need in the market.”
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 Asia focused on facilitating and executing Asia sourcing, manufacturing and distribution strategies for Baird Capital Partners’ portfolio companies. Baird Private Equity is the global private equity group of Robert W. Baird & Co. (Baird). For more information, please visit bairdcapitalpartners.com