Dell family office invests in Metropolis $1.6 Billion Growth Capital Funding

Metropolis Technologies closed a $1.6 billion capitalization consisting of a $1.1 billion Term Loan B arranged by JPMorgan Chase Bank and a $500 million Series D funding round led by LionTree. The Series D values the company at approximately $5 billion and includes participation from BDT & MSD Partners’ affiliated credit funds, DFJ, Eldridge Industries, Slow Ventures, SoftBank Vision Fund 2, Tekne Capital, and Vista. BDT & MSD Partners served as exclusive financial advisor to Metropolis for the transaction. The capital will support expansion into new verticals and markets, building on recent strategic acquisitions including the 2024 take-private of SP+ and the 2025 acquisition of Oosto, a provider of AI-powered biometrics.

Metropolis processes over $5 billion in annual transaction volume across 4,200-plus locations worldwide and serves 50 million customers. The company adds over one million new Members to its platform each month and operates across multiple business segments including parking, fueling, retail, hospitality, mobility, and office environments. Founded by CEO and co-founder Alex Israel, Metropolis develops a Computer Vision platform designed to eliminate friction from physical transactions through automation and personalization. The company expanded its operational footprint through the SP+ acquisition, which established Metropolis as the largest parking network in the United States with operations in 40 countries.

About the Dell family office

BDT & MSD Partners, formed in January 2023 through the combination of BDT & Company and MSD Partners, serves as a merchant bank and investment firm focused on family-led and founder-led businesses. MSD Partners, the investment platform managing wealth for Michael Dell and his family since 2009, operates with a long-term capital orientation across credit, private equity, growth equity, and real estate. The platform traces its origins to MSD Capital, established in 1998 to manage $400 million of Michael Dell’s capital, and has since grown to manage over $20 billion in assets. Since 2010, BDT & MSD Partners and its predecessors have deployed more than $50 billion across their combined investment strategies, emphasizing patient capital and alignment with business owners pursuing generational wealth creation.

Picture Source: Alex Shuper (November 10th, 2025)
Article Source: PR Newswire (November 10th, 2025)