# EDGAR Filing Document

**Accession Number:** 0001464022
**File Stem:** 0001464022-26-000004
**Filing Date:** 2026-2
**Character Count:** 2503
**Document Hash:** 01c637fa78aeada12b4d800d93c9ee5f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001464022-26-000004.hdr.sgml**: 20260209

**ACCESSION NUMBER**: 0001464022-26-000004

**CONFORMED SUBMISSION TYPE**: X-17A-5

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260209

**DATE AS OF CHANGE**: 20260209

**EFFECTIVENESS DATE**: 20260209

**PERIOD START**: 20250101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BDT & MSD PARTNERS, LLC
- **CENTRAL INDEX KEY:** 0001464022

**ORGANIZATION NAME:**
- **EIN:** 800400714
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-68263
- **FILM NUMBER:** 26611586

**BUSINESS ADDRESS:**
- **STREET 1:** 401 N. MICHIGAN AVE. SUITE 3100
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60611-4250
- **BUSINESS PHONE:** 212-508-8681

**MAIL ADDRESS:**
- **STREET 1:** 401 N. MICHIGAN AVE. SUITE 3100
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60611-4250

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BDT & COMPANY, LLC
- **DATE OF NAME CHANGE:** 20090512

### Attached PDF Documents

**Attachment 1:** `BDT_MSD_PUBLIC_2025.pdf`

_No text found in this document._

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM X-17A-5

### ANNUAL AUDITED REPORT

### Filer Information

**Filer CIK:** 0001464022

**Filer CCC:** XXXXXXXX

**Is this a LIVE or TEST filing?:** LIVE

**Would you like a Return Copy?:** Yes

### Submission Information

**Report Period Begin Date:** 01-01-2025

**Report Period End Date:** 12-31-2025

**Type of Registrant:** Broker-dealer

**Any material weaknesses identified?:** No

### Registrant Identification

**Name of Broker-Dealer:** BDT & MSD PARTNERS, LLC

**Business Address:** 401 N. MICHIGAN AVE. SUITE 3100, CHICAGO, IL, 60611-4250

**Contact Person:** Brennan McMurry

**Contact Phone:** 3125296605

### Independent Public Accountant Identification

**Accountant Name:** Deloitte & Touche LLP

**Accountant Address:** 111 South Wacker Drive, Chicago, IL, 60606

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **Lawrence E. Schaltenbrand III**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **BDT & MSD PARTNERS, LLC**, as of **12-31-2025**, are true and correct.

**Signature:** Lawrence E. Schaltenbrand III

**Title:** Chief Financial Officer