Baird buys stake in funeral services provider Nirvana Asia
Baird Capital has acquired a minority stake in Nirvana Asia, a funeral services business that was privatized by CVC Capital Partners in 2016 in conjunction with the company’s founder.
Rather than take a direct equity interest in Nirvana, Baird has purchased shares in a vehicle through which Tan Sri Kong, Nirvana’s founder and CEO, retains a holding in the business. The size of the...
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