Merchant Bank Takes Stake in WhistlePig

Vermont-based WhistlePig Whiskey has announced a partnership with merchant bank BDT Capital Partners. As part of the new partnership, BDT invested in WhistlePig through a structured equity investment which includes a "significant" minority common equity stake, per a release. Full terms of the partnership were not disclosed. WhistlePig, founded in 2008, was part of a small group that jumpstarted the premium rye trend in the US during the early 2010s. Its portfolio of small batch rye whiskeys average around $100