– Atlas Holdings (“Atlas”) announced the first and final close of its fifth flagship fund, Atlas Capital Resources V LP (“ACR V”), at its hard cap of $6.45 billion in committed capital.
– The total includes the general partner (GP) commitment and associated Principals’ Fund.
– Fundraising officially launched in October 2024 and closed swiftly, reflecting strong investor demand.
– As of this close, Atlas manages over $16 billion in capital.
– Atlas was founded in 2002 by Andrew Bursky and Tim Fazio.
– The firm owns and operates a diversified group of 27 manufacturing and distribution businesses.
– Atlas is known for being a long-term, operations-focused investor within targeted industrial sectors.
– The firm specializes in complex investment situations, including bankruptcies, restructurings, reorganizations, and spin-offs.
– Atlas leverages deep operational improvement capabilities and in-house specialized resources.
– Andrew Bursky emphasized Atlas’ consistent approach as “owner/operators” and highlighted strong support from global investment partners.
– Tim Fazio described the firm as operating like a diversified industrial holding company and credited its operational focus for the fund’s successful raise amid global uncertainty.
– Jacob Hudson reiterated Atlas’ strategy of acquiring undervalued, stressed businesses and improving them in partnership with leadership teams.
– Sam Astor acknowledged the contribution of nearly 60,000 associates across Atlas companies and stressed scaling resources in alignment with growth.
– Capstone Partners and Rede Partners acted as placement agents for ACR V.
– Proskauer Rose LLP served as legal counsel for the fund.
