WhistlePig, ultra-premium rye whiskey category, announced a partnership with BDT Capital Partners, a merchant bank that provides family- and founder-led businesses with long-term, differentiated capital. Financial terms were not disclosed. The partnership with BDT provided WhistlePig the opportunity to offer liquidity to all shareholders, including Raj Bhakta, one of the founders who retired from the business in 2017 and has now fully exited his remaining stake. “2018 was another stellar year for WhistlePig, with our revenues grew by more than 40%, more than twice the category, and our operating cash flow close to doubling, allowing us to expand our distillery further and build out our inventory of high quality and aging whiskey as well as expand our distribution. Also, BDT’s experience partnering with founders and entrepreneurs of some of the world’s most iconic brands, their long-term focus as well as their network of successful global business owners, will help us further accelerate our future growth potential.” Jeff Kozak, WhistlePig’s CEO.