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

Atlas Holdings LLC
Company type
Private
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

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 include 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.