We are advising BDT Capital Partners on the acquisition

Davis Polk is advising BDT Capital Partners in connection with its acquisition of Culligan International from Advent International and Centerbridge Partners. Financial terms of the transaction were not disclosed.

BDT provides family- and founder-led businesses with long-term, differentiated capital. BDT raised over $18 billion across its investment funds and has placed more than $7 billion of co-investments with its global limited partner investor base. Founded by Emmett Culligan in 1936, Culligan is a leader in delivering superior water solutions that will make a real difference in improving the health and wellness of consumers. Culligan offers some of the most technologically advanced, state-of-the-art water filtration and treatment services and solutions.

The Davis Polk corporate team includes partners Marc O. Williams and Evan Rosen and associates Daisy Wu and Wendy Li. The finance team includes partner J.W. Perry and associates Jack Orford and Elizabeth Sheerin. The tax team includes partner David H. Schnabel and associate Aliza Slansky. Partner Veronica M. Wissel and associate Kathleen Ginder are providing executive compensation advice. All members of the Davis Polk team are based in the New York office.