bd-capital

bd-capital is a pan-European private equity firm that specializes in operator-led investments across the healthcare, services, and consumer sectors. With offices in London, Amsterdam, and Madrid, the firm combines international experience with local presence to build authentic relationships with business owners and management teams. Their operator-led model brings investors and business leaders together as one team, ensuring real-world operational experience guides their investment approach and investment discipline strengthens and supports the companies they partner with.

The firm's investment strategy focuses on high-potential businesses in the UK and Europe, particularly in subsectors experiencing enduring structural growth. They aim to create superior returns by working closely with founders and management teams to define and deliver strategy, while driving operational initiatives that move the needle for the business over the long term. bd-capital's approach is characterized by equal balance between investors and operators, operating as a single, integrated team from origination to exit.

In May 2025, bd-capital closed its second fund, bd-capital Fund 2, at €430 million, surpassing its €350 million target by more than 20% after less than 12 months in the market. This success reflects the strength of their operator-led, multi-sector investment strategy and growing international reputation. The firm was supported by exclusive placement agent Houlihan Lokey, legal counsel Weil, Gotshal & Manges LLP, and fund administrator Langham Hall.