BDT & Company completed the investment in Pendulum Holdings.

BDT & Company, a merchant bank that provides advice and long-term capital, completed the investment in Pendulum Holdings, a strategic investment and advisory platform. Financial terms were not disclosed. "We are excited to partner with Pendulum to support a new generation of diverse entrepreneurs. The firm has a unique platform, and its mission to provide capital and advice to underrepresented founders and leaders of color is an important one, underpinned by a compelling investment thesis. We know Robbie and D’Rita well and they are extraordinary talents, with energy, passion and a unique ability to bring people together to create great outcomes. We look forward to working with them as they execute on Pendulum’s mission," Byron Trott, BDT & Company Founder, Chairman and CEO.