BDT & MSD Partners is a merchant bank formed in 2023 through the combination of BDT & Company (founded 2009) and MSD Partners (investing since 2009). The firm operates under the leadership of Byron Trott and Gregg Lemkau, positioning itself to serve founders, business owners, families, and long-term investors seeking enduring growth strategies.
The firm's core offering centers on three integrated pillars: advisory services, aligned capital, and investment solutions. These are designed specifically for generational builders and closely held businesses where ownership alignment and multi-decade horizons define strategic priorities. BDT & Company's established track record as a merchant bank to privately held enterprises combines with MSD Partners' decade-long experience deploying capital on behalf of the Dell family and similar long-term investors.
The combination reflects a market positioning around capital providers and advisors who prioritize alignment with founders and families over conventional exit-driven timelines. The firm targets clients evaluating long-term stewardship, generational wealth structures, and strategic growth unconstrained by traditional private equity hold periods or return cycles.