Baird Capital Partners LP

10/28/2026 | Press release | Distributed by Public on 10/28/2026 04:35

Portfolio Company Blue Matter Acquires Cognite

Baird Capital portfolio company Blue Matter Consulting LLC ("Blue Matter"), a leading strategic consulting firm serving the life sciences industry, has acquired Cognite, a London-based leading global healthcare communications agency that helps pharmaceutical and biotech companies bring science to life through a range of scientific, medical and commercial communications services.

The Global Private Equity team invested in Blue Matter in 2020 and closed an oversubscribed continuation fund to support the ongoing growth of the business in May 2026. The acquisition of Cognite will further strengthen Blue Matter's range of communication capabilities.

We are delighted to support Blue Matter's acquisition of Cognite. We first met the Cognite business in 2021 and have tracked it ever since. The combination brings together complementary capabilities and aligned cultures, allowing both businesses to better service the needs of their clients. We are excited to welcome the Cognite team and look forward to what the businesses can accomplish together.

Michael Holgate, Partner with Baird Capital

"Blue Matter is recognized as a valuable strategic resource and a thought leader when it comes to corporate, portfolio, product and functional strategy in biopharma," said Blue Matter CEO, Ashwin Dandekar. "Over the past few years, we've been systematically bringing together the creative and communications capabilities that are often so crucial to bringing those strategies to life with healthcare providers, patients, payers, investors, and other stakeholders. Cognite's array of capabilities, creativity, and team culture are a perfect fit for the Blue Matter family, and we're excited to welcome them to the team."

The acquisition brings together two founder-led businesses, with Baird Capital's international platform uniquely positioned to support the combined business's cross-border growth.

Blue Matter is headquartered in San Francisco with additional global offices in New York, Boston, London, Zurich, Berlin, Mumbai, Gurgaon and Pune.

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Baird Capital Partners LP published this content on October 28, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 28, 2026 at 10:35 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]