Eversheds advises Baird buyout of Vega

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Eversheds Sutherland Hong Kong counselled Baird Capital on its majority stake acquisition of Vega Global Group. The Eversheds team was led by M&A partner Charles Butcher in the acquisition. The firm worked alongside Baird team leader and partner Andy Tse on the transaction.

Vega, established in 1986, and headquartered in Hong Kong, has 14 offices across 11 countries. It is one of the largest system integrators and service providers for audio-visual solutions, video conferencing, and collaboration technologies.

Baird is the direct private investment arm of Robert W Baird & Co, making venture capital, growth equity and private equity investments within targeted market sectors including technology and services. Apart from Vega, other technology sector investments by Baird in Asia include Talent Academy in Shanghai, an international provider of education services for children.

“We are extremely excited to partner with Baird, a highly respected firm that is aligned with Vega’s vision of growth into the future and the strategic plan to get us there,” said Laurie Chow, Vega’s CEO and founder. “Together with Baird, our potential for accelerated growth to meet the needs of tomorrow’s enterprise clients is limitless.”