Nair and High Street Merge to Form Radius Worldwide
April 30, 2014
Nair & Co. and High Street Partners have merged to create Radius Worldwide, a provider of finance, banking, tax, HR, legal and compliance services. Radius will also accelerate the rollout of OverseasConnect, a cloud-based software platform designed to assist international business administration. The combined company boasts more than 500 clients in over 80 countries, as well as over 700 employees.
Financing was led by HgCapital, which previously purchased Nair & Co. in August 2013, as well as Silicon Valley Bank and Lloyds. Baird Capital, the largest investor at High Street Partners, will rollover 100% of its equity into Radius. Baird Capital previously led an $8 million financing of High Street Partners in early 2013.