Chicago, IL and New York, NY (January 17, 2023) – BDT & MSD Partners LLC has officially announced the successful completion of its business combination, merging BDT & Company Holdings, L.P. and MSD Partners, L.P. The newly formed entity, operating under the name BDT & MSD Partners, including its registered broker-dealer, emerges as a prominent merchant bank poised to serve business owners and long-term investors.
BDT & MSD Partners differentiates itself as a merchant bank with a comprehensive advisory and investment platform specifically designed to meet the unique demands of business owners alongside strategic, long-horizon investors. The firm’s foundation rests upon decades of combined experience providing counsel at the crucial intersection of founders, families, and their businesses. Furthermore, their approach is strengthened by a distinctive capital base and a deeply ingrained culture of aligned investing, ensuring partnerships built on mutual success.
The integrated offerings of BDT & MSD Partners are structured to provide comprehensive support:
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Trusted Advice and Capital: Clients of Bdt Capital Partners Llc, and the wider BDT & MSD Partners, benefit from strategic advisory services coupled with access to long-term capital channeled through affiliated funds. This powerful combination is designed to assist clients in achieving sustained business growth, effective legacy management, and the creation of meaningful social impact.
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Differentiated Investment Platform: Through its registered investment advisors, BDT Capital Partners and MSD Partners, the firm delivers access to high-caliber investment strategies. These strategies are focused across four core areas: Private Capital for family- and founder-led businesses, Credit solutions, Real Estate investments, and Growth Equity opportunities. The overarching investment objective is to generate attractive, long-term, risk-adjusted capital appreciation for its investors.
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Unparalleled Global Network: BDT & MSD Partners leverages an exceptional global network, connecting business-owning clients and investors. This network is intentionally designed to foster an environment where leaders can gain invaluable insights and experience from their peers, creating a powerful ecosystem for growth and collaboration.
The leadership structure of BDT & MSD Partners reflects the combined strengths of both legacy firms. As previously announced, Byron Trott and Gregg Lemkau jointly assume the role of Co-Chief Executive Officers. Dan Jester and San Orr will serve as Presidents, and Brendan Rogers has been appointed Chief Operating Officer. Byron Trott also holds the position of Chairman of the firm, while Michael Dell will act as Chairman of the firm’s Advisory Board, providing strategic guidance and oversight. BDT & MSD Partners will operate with co-headquarters in Chicago and New York City, and maintains a significant global presence with additional offices in Dallas, Denver, Los Angeles, Palm Beach, San Francisco, London, and Frankfurt.
About BDT & MSD Partners
BDT & MSD Partners is a merchant bank established to cater to the specific needs of business owners and strategic, long-term investors through its integrated advisory and investment platform. The firm’s unique value proposition stems from its extensive experience in advising founders, families, and businesses, coupled with a differentiated capital base and a culture emphasizing aligned investing. Since 2010, the affiliated funds of BDT Capital Partners LLC and MSD Partners have collectively deployed over $50 billion in capital across diverse investment strategies, demonstrating a strong track record of investment and partnership.
The formation of BDT & MSD Partners in 2023 is the result of the merger between BDT & Company, founded in 2009 by Byron Trott as a merchant bank focused on closely held businesses, and MSD Partners, a leading investment firm managing investments for Michael Dell, founder of Dell Technologies, and his family, alongside other like-minded investors since 2009. Further details about the firm and its operations can be found at www.bdtmsd.com.
