Stuttgart, Germany (November 16, 2022) – Exyte, a global leader in the design, engineering, and delivery of advanced technology facilities, has secured a significant minority investment from funds associated with Bdt Capital Partners, LLC (“BDT”). This strategic partnership marks a pivotal moment for Exyte, positioning the company for accelerated growth and reinforcing its leadership in serving sophisticated, high-growth markets. BDT Capital Partners, a merchant bank renowned for providing long-term capital and strategic advice to family- and founder-led businesses, will become a key minority shareholder, working alongside Georg Stumpf, Exyte’s majority owner, who retains a controlling stake.
This investment from BDT Capital Partners underscores Exyte’s robust business model and its critical role in enabling technological advancements across vital sectors. Exyte specializes in creating cutting-edge facilities for industries experiencing secular long-term growth, including semiconductors, battery cells, pharmaceuticals, biotechnology, and data centers. These sectors are fundamental to global progress, driving innovation in areas like digitization, e-mobility, sustainable energy, digital health, and personalized care. The partnership with BDT Capital Partners is poised to enhance Exyte’s strategic trajectory and solidify its position as the world leader in its domain.
Don McLellan, Partner at BDT Capital Partners, commented on the investment, stating, “Exyte stands at the forefront of designing, developing, and delivering the world’s most complex manufacturing environments. The company is essential to its clients in the semiconductor, biopharma, life sciences, and cloud computing industries, enabling them to build best-in-class facilities that are critical for technological innovation. We are impressed by Exyte’s consistent profitable growth, driven by the strong leadership team and the dedication of its talented employees. BDT Capital Partners is excited to partner with Georg Stumpf and the Exyte management team to support the company’s continued growth and amplify its global impact.”
Georg Stumpf, Exyte’s majority shareholder, expressed his enthusiasm for the partnership: “Exyte is privileged to serve the most technically demanding customers in thriving markets. Our company is a key enabler of today’s and tomorrow’s megatrends, driving developments that are transforming individual lives and societies through digitization, connectivity, e-mobility, sustainable energy, digital health, and personalized care. Since my initial investment in 2008, Exyte has consistently surpassed expectations and is on track to achieve record sales and results in 2022. I am confident that partnering with BDT Capital Partners will further strengthen Exyte’s successful strategy and future growth.”
Dr. Wolfgang Büchele, CEO of Exyte, highlighted the company’s strategic focus and future prospects: “Our unwavering focus on high-tech industries is clearly yielding positive results. Exyte’s strong market position, particularly in semiconductors, batteries, biopharmaceuticals, life sciences, and data centers, aligns perfectly with favorable market trends. We are successfully executing our “Pathway to Ten” strategy and anticipate exceeding our forecasts this year with targeted sales of approximately 7 billion euros. This progress brings us closer to our ambitious goal of reaching 10 billion euros in sales by 2027. With a robust pipeline of ongoing and prospective projects, Exyte is well-prepared for sustained profitable growth, and we welcome BDT Capital Partners as we embark on this exciting phase of our journey.”
The completion of this transaction is contingent upon standard regulatory approvals. The financial details of the investment remain undisclosed. Deutsche Bank acted as the financial advisor to Exyte in this transaction, facilitating the partnership with BDT Capital Partners.
About Exyte
Exyte is a global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities, serving the world’s most technologically advanced industries. With over a century of cutting-edge expertise, Exyte caters to clients in the sophisticated markets of semiconductors, battery cells, pharmaceuticals, biotechnology, and data centers. Exyte offers comprehensive services, ranging from initial consulting to the complete implementation of turnkey solutions, always adhering to the highest standards of safety and quality for its global clientele. By enabling key industries, Exyte contributes to creating a better future and enhancing the quality of modern life. In 2021, Exyte generated sales of EUR 4.9 billion and employed approximately 7,400 people worldwide.
About BDT & Company
Founded in 2009, BDT & Company is a merchant bank specializing in providing advice and long-term capital through its affiliated funds to family- and founder-led businesses, helping them achieve their strategic and financial goals. BDT Capital Partners, an affiliate of BDT & Company, offers tailored solutions to address the unique complexities faced by these businesses, leveraging its extensive global network and deep industry expertise. To date, BDT Capital Partners has deployed over $30 billion in capital through its investment funds and co-investments, backed by a diverse global investor base.