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Atlas Holdings

From Wikipedia, the free encyclopedia

Atlas Holdings LLC
TypePrivate
IndustryInvestment management
Founded2002; 24 years ago (2002)
Founders
  • Andrew Bursky
  • Tim Fazio
HeadquartersGreenwich, Connecticut, US
Key people
  • Andrew Bursky (managing partner)
  • Tim Fazio (managing partner)
  • Jacob Hudson (managing partner)
Websiteatlasholdingsllc.com

Atlas Holdings LLC is an American private equity firm focused on controlling investments in manufacturing and distribution industries.[1]

History

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The company was founded in Greenwich, Connecticut, by Andrew Bursky and Tim Fazio in 2002.[2] It announced the acquisition of a portfolio of 23 industrial properties located in the United States for $300 million in January 2024.[1]

In April 2025, Atlas submitted a bid to acquire De La Rue in an offer that valued the company at £263 million.[3] The offer was agreed by the board of De La Rue and later completed on July 1, 2025.[4]

In September 2025, Atlas agreed to take the parent company of Office Depot and Office Max private in a deal valued at approximately $1 billion.[5] In December 2025, it was announced Atlas Holdings had completed its acquisition.[6]

In early 2026, Atlas pitched to buy UK-based construction materials supplier Brickability whose management rejected the bid saying it undervalued the business[7] – a view disputed by Atlas.[8] Discussions ended in April 2026.[9]

Investments

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As of July 2025, the company is reported to own 27 manufacturing and distribution businesses including Bovis,[10] De La Rue,[11] Foster Farms,[12] Greenidge Generation,[13] Herff Jones,[14] LSC Communications,[15] Permasteelisa,[16] and Rehau Automotive.[17][18]

References

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  1. 1 2 "Atlas Holdings Announces Formation of Atlas Properties Platform to Invest in Industrial Real Estate". Businesswire. January 10, 2024. Retrieved April 16, 2025.
  2. ↑ "Tim Fazio - Center for High Impact Philanthropy". University of Pennsylvania. Retrieved April 16, 2025.
  3. ↑ "De La Rue: Guernsey founded printers to be taken over by US firm". BBC News. April 16, 2025. Retrieved July 14, 2025.
  4. ↑ "Home". www.delarue.com. Retrieved July 14, 2025.
  5. ↑ Summerville, Abigail (September 22, 2025). "Office Depot parent to be acquired by Atlas Holdings for $1 billion". Reuters. Retrieved September 23, 2025.
  6. ↑ stefanie (December 11, 2025). "Atlas Holdings completes acquisition of The ODP Corporation". The Recycler. Retrieved December 11, 2025.
  7. ↑ Morby, Aaron (March 31, 2026). "US investor behind Bovis circles listed brick giant". Construction Enquirer. Retrieved April 1, 2026.
  8. ↑ Rogers, Dave (April 1, 2026). "Private equity owner of Bovis hits back at Brickability's decision to rebuff takeover offer". Building. Retrieved April 1, 2026.
  9. ↑ Prior, Grant (April 23, 2026). "Bovis owner pulls out of bid for brick giant". Construction Enquirer. Retrieved April 24, 2026.
  10. ↑ "Atlas Holdings expands in UK with Lendlease deal". Construction and Civil Engineering Magazine. January 6, 2025. Retrieved April 16, 2025.
  11. ↑ "Banknote printer De La Rue backs $347 million offer from U.S. firm Atlas". Reuters. April 15, 2025. Retrieved April 16, 2025.
  12. ↑ "Foster Farms purchased by private equity firm". Meat and Poultry. August 6, 2022. Retrieved April 16, 2025.
  13. ↑ Spegele, Brian; Ostroff, Caitlin (May 21, 2021). "Bitcoin Miners Are Giving New Life to Old Fossil-Fuel Power Plants". The Wall Street Journal. Retrieved December 20, 2024.
  14. ↑ "Varsity Brands Completes Sale of Herff Jones Graduation Business to Atlas Holdings". www.prnewswire.com. Retrieved October 20, 2024.
  15. ↑ "Atlas Holdings purchase of LSC Communications completed". Gasconade County Republican. December 10, 2020. Retrieved April 16, 2021.
  16. ↑ "Atlas Holdings Completes Acquisition of Permasteelisa". www.glassmagazine.com. Retrieved December 12, 2023.
  17. ↑ "EU Approves Atlas' Acquisition of Rehau Automotive". GC Intelligence. February 7, 2025. Retrieved April 16, 2025.
  18. ↑ Ralph, Alex (July 14, 2025). "De La Rue hopes new era will be calm after the storm". www.thetimes.com. Retrieved July 14, 2025.