Baird Capital buys Home Depot wood interiors franchiser
 Baird Capital buys Home Depot wood interiors franchiser

 Baird Capital buys Home Depot wood interiors franchiserLOGAN, UT - A home interior wood refinishing franchiser, Harris Research, Inc., has been acquired from Home Depot by Baird Capital Partners, the U.S.-based buyout fund of Baird Private Equity.

Baird acquired Harris Research, Inc.  from The Home Depot (NYSE: HD) Sept. 8. Financing for the transaction was provided by BMO Harris Bank N.A., BBVA, and Caltius; Baird was joined in the investment by Thrivent Financial for Lutherans.

Harris Research franchises the N-Hance wood cabinet and flooring renewal service, which features more than 200 franchises. N-Hance wood refinishing is also part of The Home Depot’s kitchen renovations offering, which includes U.S. Homes kitchen cabinetry refacing

The Home Depot will continue to offer N-Hance wood refinishing at its retail locations in the United States and Canada, as well as directly to consumers.

“We are excited to partner with HRI and to continue building on its successful franchise model, the strength of its brands and the partnership with The Home Depot,” said Randy Mehl, BCP Partner, who will join Harris Research's board of directors.

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