Baird Exits Simulator Maker
August 25, 2011- Share:
Baird Capital Partners has exited its investment in Medical Education Technologies through a $130 million sale of the company to CAE (NYSE: CAE). The transaction generated a 2.5x gross return on the firm's investment. METI develops simulators and other learning tools for educating and training doctors, nurses, first responders and military medics. Baird had owned the company since 2008.
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