Predict your next investment

Asset/Investment Management
FINANCIAL | Retail Banking

See what CB Insights has to offer

Investments

9

Portfolio Exits

2

Funds

3

About BDT Capital Partners

BDT Capital Partners provides family-controlled and entrepreneurially led companies with long-term capital, solutions-based advice and access to an extensive network of world-class family businesses. Based in Chicago, the company is an employee-owned private partnership that combines a investment fund and co-investment capital with advisory services to address the strategic and financing needs of closely held private and public companies.

BDT Capital Partners Headquarter Location

401 North Michigan Suite 3310

Chicago, Illinois, 60611,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest BDT Capital Partners News

Culligan International and Waterlogic Group Holdings announcement

Jan 7, 2022

Culligan International and Waterlogic Group Holdings announce combination to create a leader in sustainable drinking water solutions and services Combination will accelerate delivery of sustainable consumer and commercial water solutions and services, providing clean, safe and soft water to more than 100 million consumers globally Complementary geographic and business profiles will help drive growth by bringing these solutions to both existing and new markets and additional distribution channels The combined company will save more than 40 billion plastic bottles annually through sustainable water filtration, purification and treatment solutions ROSEMONT, IL, USA and MAIDENHEAD, UK – Culligan International (“Culligan”), the innovative brand in consumer-focused sustainable water solutions and services, and Waterlogic Group Holdings (“Waterlogic”), a global designer, manufacturer, distributor and service provider of purified drinking water dispensers, today announced that they have signed a definitive agreement to combine and create a leader in clean and sustainable drinking water solutions and services. Culligan is a leading global consumer water solutions and services provider whose mission is to deliver clean, safe and soft water to improve consumers’ health and wellness and reduce single-use plastics. Waterlogic has pioneered the application of advanced technology in the design of its water dispensers for offices, healthcare, education, hospitality, and public settings to deliver sustainable and safe water. Together, the combined company will shape the future of clean and sustainable drinking water globally, providing water solutions and services for customers at home, at work, at leisure and on-the-go. The transaction brings additional scale and expertise to drive innovation in the development of new water filtration, purification and treatment solutions, expanding those to both existing and new markets, and additional distribution channels. In addition, by addressing the fundamental need for the provision of clean, safe, soft, and sustainably sourced water and the reduction of single-use plastics, the combined company and its customers will help deliver against the United Nations Sustainable Development Goals (“SDGs”) and meet their respective leading Environmental, Social and Governance (“ESG”) commitments. Scott Clawson, Chief Executive Officer of Culligan International, said: “For more than eight decades, Culligan has served as a leading provider of water treatment solutions and services for consumers. Our focus has been on driving innovation, delivering the best consumer experience and providing solutions that are both good for people and the planet, while also moving the market forward. Today’s announcement represents an important step in our evolution toward those goals as we add Waterlogic’s talent, distribution partners and innovative technology to our complementary offerings around the globe. Together with the Waterlogic team, we believe we can drive the future of clean and sustainable drinking water solutions globally and serve a broader group of customers in the $250 billion global consumer water market.” Jeremy Ben-David, Founder and Group Chief Executive Officer of Waterlogic, said: “The cultural, strategic and industrial logic of this transaction is clear and compelling. Both Waterlogic and Culligan are purpose-led businesses with ESG engrained in our operations. Innovation has been a key driving factor in the historical success of both companies and together, our far-reaching global footprint across multiple markets will empower us to have an even greater positive impact on people and the environment by bringing clean, safe, and soft water to more customers around the world. I look forward to working with Scott and the Culligan team and am excited about the future we will be able to offer to our customers, employees, partners and the communities we serve.” Leadership and Governance The combined company will be led by Mr. Clawson, Chief Executive Officer of Culligan. The Waterlogic leadership team will play a critical role in the combined company, with Mr. Ben-David serving as Chief Executive Officer EMEA and a member of the Executive Leadership Team, and continuing his role as Chief Executive Officer Waterlogic once the transaction is complete. Funds managed by BDT Capital Partners, LLC (“BDT”), a merchant bank that provides closely held businesses with long-term, differentiated capital, acquired a majority interest in Culligan in July 2021. BDT and its co-investors will be the majority shareholder of the combined company. Waterlogic was acquired in January 2015 by funds managed by Castik Capital, the European private equity investor, alongside Waterlogic management. Castik Capital focuses on identifying and developing investment opportunities across Europe where long-term value can be generated through active partnerships with management teams. Castik Capital, Waterlogic’s management team and other existing Waterlogic shareholders will maintain a meaningful minority ownership position in Culligan going forward. Terms of the transaction were not disclosed. Approvals and Closing The transaction is expected to close in the second half of 2022, subject to the receipt of regulatory approvals and the satisfaction of other customary closing conditions. Until the transaction closes, both companies will provide regular updates and continue to operate business as usual as two independent companies. ABOUT CULLIGAN INTERNATIONAL Founded in 1936 and headquartered in Rosemont, Illinois, Culligan International is a world leader in delivering premium water services and solutions that improve the health and wellness of consumers. Committed to sustainable solutions, the company offers some of the most technologically advanced water filtration and treatment services and solutions available, including water softeners, drinking water systems, and whole-house systems for homeowners and bottleless coolers for businesses. Culligan's network of dealers and direct operations is the largest in its industry, with more than 7,500 employees and 1,000 dealers in 90 countries. Culligan’s 35+ brands serve more than 50 million consumers every year and share a mission of bringing better water to consumers anywhere they need it – in the home, at work or on the go. For more information visit: www.corporate.culligan.com . ABOUT WATERLOGIC Waterlogic is an innovative designer, manufacturer, distributor and service provider of drinking water dispensers and accessories designed for environments such as offices, factories, hospitals, restaurants, hotels, schools and public spaces. From freestanding, countertop and integrated dispensers to high-volume hospitality solutions, water filling stations, fountains and boilers, every solution focuses on delivering the best quality water in the safest and most sustainable way. Waterlogic has its own subsidiaries in 23 countries. In addition, Waterlogic’s extensive independent global distribution network spans over 50 countries around the world in North and South America, Europe, Asia, Australia and South Africa. For more information visit: www.waterlogic.com . Media contacts

BDT Capital Partners Investments

9 Investments

BDT Capital Partners has made 9 investments. Their latest investment was in GoodLeap as part of their Growth Equity - II on October 10, 2021.

CBI Logo

BDT Capital Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/13/2021

Growth Equity - II

GoodLeap

$800M

Yes

3

4/19/2021

Corporate Minority

Subscribe to see more

Subscribe to see more

10

3/24/2021

Private Equity - III

Subscribe to see more

$99M

Subscribe to see more

10

11/13/2019

PIPE

Subscribe to see more

Subscribe to see more

10

1/31/2019

Corporate Minority

Subscribe to see more

Subscribe to see more

10

Date

10/13/2021

4/19/2021

3/24/2021

11/13/2019

1/31/2019

Round

Growth Equity - II

Corporate Minority

Private Equity - III

PIPE

Corporate Minority

Company

GoodLeap

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$800M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

3

10

10

10

10

BDT Capital Partners Portfolio Exits

2 Portfolio Exits

BDT Capital Partners has 2 portfolio exits. Their latest portfolio exit was Truck-Lite on December 17, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/17/2019

Acq - Fin - II

2

11/14/2016

Acquired

Subscribe to see more

Subscribe to see more

10

Date

12/17/2019

11/14/2016

Exit

Acq - Fin - II

Acquired

Companies

Subscribe to see more

Valuation

Acquirer

Subscribe to see more

Sources

2

10

BDT Capital Partners Acquisitions

8 Acquisitions

BDT Capital Partners acquired 8 companies. Their latest acquisition was Universal Engineering Sciences on July 29, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/29/2021

$99M

Acq - Fin

2

5/25/2021

Private Equity

Subscribe to see more

$99M

Subscribe to see more

10

6/14/2019

Subscribe to see more

$99M

Subscribe to see more

10

6/6/2019

Subscribe to see more

$99M

Subscribe to see more

10

2/11/2019

Other Venture Capital

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/29/2021

5/25/2021

6/14/2019

6/6/2019

2/11/2019

Investment Stage

Private Equity

Other Venture Capital

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acq - Fin

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

10

10

10

10

BDT Capital Partners Fund History

3 Fund Histories

BDT Capital Partners has 3 funds, including BDT Capital Partners Fund 3.

Closing Date

Fund

Fund Type

Status

Amount

Sources

5/12/2020

BDT Capital Partners Fund 3

Buyouts & Acquisitions

Open

$9,088M

5

2/19/2016

BDT Capital Fund II

Subscribe to see more

Subscribe to see more

$99M

10

6/22/2009

BDT Capital Partners Fund I LP

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

5/12/2020

2/19/2016

6/22/2009

Fund

BDT Capital Partners Fund 3

BDT Capital Fund II

BDT Capital Partners Fund I LP

Fund Type

Buyouts & Acquisitions

Subscribe to see more

Subscribe to see more

Status

Open

Subscribe to see more

Subscribe to see more

Amount

$9,088M

$99M

$99M

Sources

5

10

10

BDT Capital Partners Team

3 Team Members

BDT Capital Partners has 3 team members, including current Chief Executive Officer, Byron D Trott.

Name

Work History

Title

Status

Byron D Trott

Chief Executive Officer

Current

San W Orr

Chief Operating Officer

Current

John P Dills

Managing Director

Current

Name

Byron D Trott

San W Orr

John P Dills

Work History

Title

Chief Executive Officer

Chief Operating Officer

Managing Director

Status

Current

Current

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.