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MSD Partners

401 N Michigan Ave Suite 3100, Chicago, IL, 60611, United States

Overview

Private equity firm investing in family-owned and entrepreneurial businesse

Deals · 12mo

8

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series C
Series D

Geographic focus

Canada
United States

Sector focus

Advice
Banking
Business Development
Finance
...

Investment portfolio

33rounds
NAMEDATESIZE
Neko Health
Jul 2026Participated
$700 MSeries C
Chai Discovery
Jul 2026Participated
$400 MSeries C
Beacon Software
Jun 2026Participated
$225 MSeries C
NinjaOne
Jun 2026Participated
$400 MSeries C
Waymo
Feb 2026Participated
$16.0 BOther Equity
Skims
Nov 2025Participated
$225 MOther Equity
Metropolis
Nov 2025Participated
$1.6 BDebt
Beacon Software
Nov 2025Participated
$250 MSeries B
Helsing
Jun 2025Participated
$697 MSeries D
Acrisure
May 2025Participated
$2.1 BOther Equity
Cera
Jan 2025Led
$150 MDebt
AlphaSense
Jun 2024Led
$650 MOther Equity
Neko Health
Jul 2026Participated
$700 MSeries C
Chai Discovery
Jul 2026Participated
$400 MSeries C
Beacon Software
Jun 2026Participated
$225 MSeries C
NinjaOne
Jun 2026Participated
$400 MSeries C
Waymo
Feb 2026Participated
$16.0 BOther Equity
Skims
Nov 2025Participated
$225 MOther Equity
Metropolis
Nov 2025Participated
$1.6 BDebt
Beacon Software
Nov 2025Participated
$250 MSeries B
Helsing
Jun 2025Participated
$697 MSeries D
Acrisure
May 2025Participated
$2.1 BOther Equity
Cera
Jan 2025Led
$150 MDebt
AlphaSense
Jun 2024Led
$650 MOther Equity
33
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Insights

Time horizon

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Deal Distribution

MSD Partners: 33 funding rounds are recorded in the selected participation categories.All available history.
MSD Partners: 33 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A01
Series B03
Series C+512
Other Equity46
Debt11

Monthly Deal Activity

MSD Partners: 33 deals are recorded across 80 months.All available history.
MSD Partners: 33 deals are recorded across 80 months. All available history
MonthDeals
Mar '201
Apr '200
May '200
Jun '200
Jul '201
Aug '200
Sep '201
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '211
Apr '210
May '210
Jun '210
Jul '212
Aug '210
Sep '210
Oct '211
Nov '210
Dec '210
Jan '221
Feb '221
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '221
Sep '221
Oct '221
Nov '220
Dec '220
Jan '231
Feb '230
Mar '231
Apr '231
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '231
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '243
May '240
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '251
Jun '251
Jul '250
Aug '250
Sep '250
Oct '250
Nov '253
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '262
Jul '262
Aug '260
Sep '260
Oct '260

Sector Breakdown

MSD Partners: Enterprise Software is the largest displayed sector by deal count (15 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

MSD Partners: Enterprise Software is the largest displayed sector by deal count (15 deals). All available history
SectorDeals
Enterprise Software15
Networks, Cloud & Communication12
AI & Machine Learning12
Transportation & Logistics7
Health & Life Sciences6
E-Commerce & Retail5
Cybersecurity & Privacy5
Real Estate & Construction4
Data, Analytics & IT4
Fintech4
Hardware & Robotics3
Professional Services3
Consumer & Lifestyle2
Marketing & Advertising2
Government & Defense1
Space & Frontier Tech1
Manufacturing1
Gaming & eSports1

Deal Size Distribution

MSD Partners: 33 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

MSD Partners: 33 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M2
$25M-$50M2
$50M-$100M2
$100M-$250M9
$250M-$500M5
$500M-$1B5
$1B+8

Deals By Geography

MSD Partners: United States has the largest recorded deal count among the displayed regions (27 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

MSD Partners: United States has the largest recorded deal count among the displayed regions (27 deals). All available history
RegionDeals
United States27
Europe3
Canada2
Cayman Islands1
MSD Partners: 20 co-investors are shown, with General Catalyst sharing 6 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

MSD Partners: 20 co-investors are shown, with General Catalyst sharing 6 recorded deals. All available history
Co-investorShared deals
General Catalyst6
Fidelity Management & Research Company5
Goldman Sachs5
SoftBank5
Andreessen Horowitz4
Lightspeed Venture Partners4
Sequoia Capital4
Temasek4
CapitalG3
Eldridge3
Owl Rock3
Sapphire Ventures3
Avenir2
Baillie Gifford2
Blackstone2
D1 Capital Partners2
Dell Family Office2
DST Global2
Founders Fund2
Hedosophia2

Investment Strategy

MSD Partners: Led accounts for 30% and participating for 70% of round participation.All available history.
MSD Partners: Led accounts for 30% and participating for 70% of round participation. All available history
CategoryDeals (count)Share (%)
Led1030%
Participating2370%
MSD Partners: Single-lead accounts for 40% and co-led for 60% of lead dynamics.All available history.
MSD Partners: Single-lead accounts for 40% and co-led for 60% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead440%
Co-led660%

Team

Byron Trott

Founder & CEO

Charles Sun

Vice President

Gregg Lemkau

Co-CEO

Henry Yeagley

Partner

San W. Orr III, J.D.

COO

William Bush

Partner and General Counsel