Tuesday, July 27

Weber

Berkshire Hathaway, Byron Trott, Goldman Sachs, Grills, IPO, m&a, Markets, MI Exclusive, Warren Buffett, Weber

Warren Buffett’s favorite banker has filed to take Weber public-and the grill maker could secure a billion-dollar valuation

Warren Buffett. AP Images Warren Buffett's longtime banker plans to take Weber public, SEC filings show. Byron Trott's BDT has been the grilling company's majority shareholder since 2010. Buffett has lauded Trott's dealmaking skills, expertise, and trustworthiness. See more stories on Insider's business page. Warren Buffett's favorite banker has filed to take Weber public, paving the way for the grilling specialist to deliver a billion-dollar IPO.BDT Capital Partners, helmed by founder and CEO Byron Trott, has been Weber's majority shareholder since 2010 and has agreed to sponsor its IPO. Weber boasts a global installed base of 50 million grills, and commands a 24% share of the global market, according to its draft IPO filing.Notably, Weber has enjoyed some benefits from the COVI...