Reinhart Partners Announces Strategic Investment from Baird Financial Corporation
MEQUON, Wis., Sept. 25, 2025 — Reinhart Partners, LLC today announced a significant minority investment from Baird Financial Corporation, the parent company of Baird. This strategic partnership marks a key milestone, reinforcing the firm’s commitment to independence, employee ownership, and exceptional client service.
The strategic investment by Baird, a Milwaukee-based international privately held, employee-owned financial services firm, represents a long-term commitment. Baird brings a strong track record of similar investments and deep industry expertise across asset management, investment banking, private wealth management, and institutional capital markets. This investment is part of Baird’s strategy of making long-term minority investments in independent financial services firms where Baird can provide unique solutions and benefits to the firm’s stakeholders.
Reinhart will remain an independent, employee-owned investment manager upon closing, further aligning the firm’s leadership with its long-term vision. Founder, Chairman & CEO Jim Reinhart will retain a meaningful minority interest and continue as a board member actively involved in the firm’s operations.
This partnership with Baird marks a pivotal moment in Reinhart’s journey. Their investment supports our long-term vision of remaining an independent, employee-owned firm while ensuring continuity for our clients and team. Baird’s values and culture align closely with ours, and their commitment to our independence and investment philosophy makes them an ideal strategic partner.
Jim Reinhart, Founder, Chairman & CEO of Reinhart Partners, LLC
We are excited to invest in Reinhart Partners, a firm that shares our dedication to excellence, long-term relationships, and client-first values. This minority investment reflects our confidence in Reinhart’s leadership and investment approach, and we look forward to supporting their continued success.
Steve Booth, Chairman & CEO of Baird
The transaction is expected to close in the fourth quarter, subject to customary approvals.
About Reinhart Partners, LLC
Reinhart Partners is an independent investment firm founded in 1991 and based in Mequon, WI. Reinhart offers a range of private market value equity strategies to individual and institutional clients.
About Baird
Established in 1919, Baird has more than 5,300 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has more than $525 billion in client assets as of June 30, 2025. Committed to being a great place to work, Baird ranked No. 13 on the 2025 Fortune 100 Best Companies to Work For® list – its 22nd consecutive year on the list. Baird is the marketing name of Baird Financial Group. Baird’s principal operating subsidiaries are Robert W. Baird & Co. Incorporated and Baird Trust Company in the United States and Robert W. Baird Group Ltd. in Europe. Robert W. Baird Limited and Baird Capital Partners Europe Limited are authorized and regulated by the Financial Conduct Authority. For more information, please visit Baird’s website at www.rwbaird.com.
For additional information, contact:
Baird Public Relations
414-765-7250
publicrelations@rwbaird.com