Baird Capital Exits Aston Carter

Baird Capital Partners Europe, the UK-based fund of Baird Private Equity, has exited its investment in London-based recruiting company Aston Carter Group. The firm sold Aston to staffing company Allegis Group. Financial terms of the deal were not disclosed, though the firm said that it generated a 2.5x gross return and a 27% gross IRR. Baird led the buyout of Aston Carter in April 2007, investing £13 million.

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