Company type | Private |
---|---|
Industry | Financial services |
Predecessor | BDT & Company MSD Partners |
Founded | January 2023 |
Headquarters | Equitable Building, Chicago, U.S. One Vanderbilt, New York City, U.S. |
Key people | Byron Trott (Chairman and co-CEO) Gregg Lemkau (co-CEO) |
Products | Investment banking Private equity |
AUM | US$50 billion (2023) |
Website | bdtmsd |
Footnotes /references [1] |
BDT & MSD Partners (BDT & MSD) is an American merchant bank that is co-headquartered in Chicago and New York City. The firm has both an advisory platform and an investment platform.
In January 2023, BDT & MSD was formed from the merger of BDT & Company, a merchant bank founded by Byron Trott that provides advice and capital to family and founder-led companies, and MSD Partners, an investment firm that manages the wealth of Michael Dell and his family. [2] [3] [4]
Trott is currently the Chairman and co-CEO of the firm while Gregg Lemkau who was previously CEO of MSD Partners is the other co-CEO. [2] [3] [4]
Dina Powell left Goldman Sachs to join the firm in May 2023. [5]
BDT & MSD is co-headquartered in Chicago and New York City with additional offices in Santa Monica, Dallas, and elsewhere. [6]
The bank was a financial advisor for Metropolis Technologies' $1.5 billion acquisition of SP Plus Corporation in 2023. [7] It has acquired a minority stake in Auberge Hotels. [8] In October 2024, the bank was part of a group of investors that acquired a majority stake in food manufacturer Badia Spices. [9] In December 2024, the bank participated in a $273 million investment into Shell Bay, a luxury condominium development near Miami. [10]
The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board.
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American private equity firm based in Fort Worth, Texas. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care. TPG became a public company in January 2022, trading on the NASDAQ under the ticker symbol “TPG”.
Dina Powell, also known as Dina Powell McCormick is an American financial executive, philanthropist, and political advisor, best known for having been the United States Deputy National Security Advisor for Strategy to President Donald Trump.
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding.
Goldman Sachs Asset Management Private Equity is the private equity arm of Goldman Sachs, focused on leveraged buyout and growth capital investments globally. The group, which is based in New York City, was founded in 1986.
General Atlantic, legal main entity General Atlantic Service Company, L.P., is an American growth equity firm providing capital and strategic support for global growth companies, headquartered in New York, United States. The firm was founded in 1980 as the captive investment team for Atlantic Philanthropies, a philanthropic organization founded by Charles F. Feeney, the billionaire co-founder of Duty Free Shoppers Ltd.
Jon Winkelried is an American financial executive. He is currently the CEO of TPG. Previously, he served as the co-president of Goldman Sachs from 2006 to February 2009. He is known for suddenly retiring at the peak of his career at age 49 from Goldman Sachs.
Qualtrics is an American experience management company, with co-headquarters in Seattle, Washington, and Provo, Utah, in the United States. The company was founded in 2002 by Scott M. Smith, Ryan Smith, Jared Smith, and Stuart Orgill.
Byron David Trott is the founder, chairman and co-CEO of BDT & MSD Partners, a merchant bank that provides advice and capital to family and founder-led companies. Formerly, Trott was vice chairman of Investment Banking at Goldman Sachs.
DFO Management, LLC is an American family office that manages the capital of Michael Dell and his family. The firm, which is based in New York City and has offices in Santa Monica and West Palm Beach, was formed in 1998.
AnaCap Financial Partners ('AnaCap') is a London-based British private equity firm advising funds that invest in Software, Technology and Services within the European financial ecosystem.
Eagle Eye Networks, Inc. (EEN) is an American company providing cloud-based video surveillance products for physical security and business operations applications.
Greenhill & Co., Inc. is an American investment banking advisory firm founded in 1996 in New York by Robert F. Greenhill. The firm provides advice on significant mergers, acquisitions, restructurings, financings, and capital raisings to leading corporations, partnerships, institutions and governments across a number of industries. Since its inception, Greenhill has advised on transactions valued at close to $3 trillion.
Goldman Sachs Personal Financial Management (GSPFM) was a former division of Goldman Sachs responsible for wealth management of high-net-worth individuals. It had 74 offices in the United States and managed $25 billion in assets.
GreenSky, LLC is a financial technology company founded in 2006 based in Atlanta, Georgia. It provides technology to banks and merchants to make loans to consumers for home improvement, solar, healthcare and other purposes.
Sixth Street is a global investment firm with around $75 billion in assets under management. The firm operates nine investment platforms across its growth investing, adjacencies, direct lending, fundamental public strategies, infrastructure, special situations, agriculture and par liquid credit businesses. Sixth Street invests in the equity and debt of public and private companies, acquires real estate, finances infrastructure projects, and provides start-up capital to new businesses. Sixth Street has been noted in the financial media for the unusual structure of its largest fund, which is open-ended and able to hold longer-term investments.
Blue Owl Capital Inc. is an American alternative investment asset management company. It is listed on the New York Stock Exchange under the ticker symbol: "OWL".
Gregg Lemkau is an American businessman. Currently he is the co-CEO of BDT & MSD Partners, a merchant bank that provides advice and capital to family and founder-led companies. Additionally, he is the Chairman of DFO Management, formerly MSD Capital, the office of Dell Technologies’ Michael Dell and his family. Previously, Lemkau was CEO of MSD Partners, a predecessor firm of BDT & MSD Partners, and he spent 28 years in various roles and leadership positions at Goldman Sachs.