Harris Research sold to Baird Capital

Baird Capital Partners, a buyout fund that’s part of Milwaukee-based Robert W. Baird & Co., said it has acquired Harris Research Inc. from The Home Depot for an undisclosed amount. According to The Business Journal, also investing in Harris Research is Thrivent Financial for Lutherans. Harris Research senior executive Dan Tarantin will remain with the company as chairman. Financing is being provided by BMO Harris Bank, BBVA and Caltius. Harris Research is based in Logan and franchises in-home consumer services in the United States and internationally. The company’s Chem-Dry brand provides carpet and upholstery cleaning services with approximately 4,000 franchises worldwide. Chem-Dry will continue its lead generation program with The Home Depot. Harris Research also sells N-Hance wood cabinet and flooring renewal service that will continue to be available through Home Depot stores and directly to consumers. Baird Capital Partners is the U.S.-based buyout fund of Baird Private Equity, Chicago.

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