JMAN announces minority investment from Baird Capital
JMAN Group announces a minority investment from Baird Capital’s Global Private Equity Fund.
Today, JMAN Group announced a minority investment from Baird Capital’s Global Private Equity Fund. The investment supports the continued expansion of JMAN’s range of data-led solutions for clients, as well as international growth, with a specific focus on North America. Financial details of the transaction were not disclosed.
Founded in 2013, JMAN delivers a range of solutions combining consulting, data science and data engineering capabilities that address the growing need for investment and value creation initiatives to be driven by data, at pace. JMAN combines the commercial mindset of a management consultancy with the agility and skillset of a technology company to deliver value creation solutions across sectors and geographies, with a primary focus on the Private Equity industry. JMAN currently has two operational footprints, one in London, United Kingdom and the other in Chennai, India, serving clients in UK, mainland Europe and North America
“Baird Capital’s strength and experience in expanding companies just like JMAN into new markets presented a natural partnership given our intention to grow further internationally,” said Anush Newman, Co-Founder & CEO at JMAN Group. “We’ve experienced phenomenal growth since 2019 and proved ourselves as a leader in the provision of data-driven services and solutions that deliver value, in a fast, flexible and commercially-focused manner. We can’t wait to work with Baird to push our boundaries and continue to build a globally recognised world-class team.”
“JMAN’s culture, global footprint, and US expansion plans are a great complement to Baird Capital,” said Michael Holgate, Partner with Baird Capital’s Global Private Equity team. “Anush and Michael [LeoValan] have built a fantastic business and we are delighted to be partnering with them. Long-term demand drivers for Data Strategy, Analytics and Engineering are strong and we are excited to support JMAN’s ambition to become a leading global player in this market.”
Baird Capital was advised by Eversheds Sutherland (Legal), CG Results (Corporate Finance), Armstrong (Commercial Diligence), Ernst & Young LLP (Financial & Tax), Seedcloud (Technical), BDO (Tax), New Street Consulting (Management), WTW (Insurance) and Humatica (Organisation); JMAN was advised by Alantra (Corporate Advisory), Grant Thornton (Tax) and Gowlings (Legal).
About Baird Capital
Baird Capital manages two investment platforms: Global Private Equity and U.S. Venture Capital and makes investments in B2B technology & services-focused companies around the world. Having invested in 338 companies over its history, Baird Capital partners with entrepreneurs and, leveraging its executive networks, strives to build exceptional companies. Baird Capital provides operational support to its portfolio companies through teams on the ground in the United States, Europe and Asia, a proactive portfolio operations team and a deep network of relationships, which together strive to deliver enhanced shareholder value. Baird Capital is the direct private investment arm of Robert W. Baird & Co. For more information, please visit BairdCapital.com.
About JMAN Group
Founded in 2013, JMAN Group (“JMAN”) is an international commercially-focused data consultancy. JMAN delivers a range of solutions— with a primary focus on the Private Equity industry— combining consulting, data science and data engineering capabilities that address the growing need for investment and value creation initiatives to be driven by data, at pace. JMAN currently has two operational footprints, one in London, United Kingdom and the other in Chennai, India, serving clients in UK, mainland Europe and North America.
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