Atlas FRM LLC
Atlas FRM LLC (doing business as Atlas Holdings LLC) is a private equity firm headquartered in Greenwich, Connecticut. Founded in 2002, the firm specializes in control investments in distressed and underperforming middle-market companies, primarily across industries such as building materials, energy, capital equipment, chemicals, metal processing, packaging, and paper products. Atlas Holdings and affiliates consist of more than 29 manufacturing and distribution companies with over 60,000 associates globally. The firm is led by Andrew Bursky and Timothy Fazio and provides financial, strategic, and operational advisory services to portfolio companies and investment funds. It primarily serves institutional and sophisticated investors.
Investment Strategy
Atlas FRM LLC focuses on private equity investments in privately held middle-market companies undergoing financial or operational distress, seeking to acquire controlling interests. The firm is industry-agnostic but has expertise in sectors such as building materials, energy, chemicals, metals, packaging, and paper. Atlas targets situations with complex problems masking intrinsic value, such as bankruptcy, restructuring, or spin-offs, and seeks to drive operational turnarounds, financial improvements, and strategic growth. Additionally, Atlas manages various funds, including a fund-of-funds for international strategies and entities investing non-control capital in early-stage technology companies.
Top Holdings
Equity Positions (9)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SLVM | SYLVAMO CORP | 36.83% | $316.3M | 6,312,454 | $31.42 | $50.10 | -$107.1M |
S SUZ | SUZANO S A | 18.98% | $163.0M | 17,320,000 | $10.91 | $9.41 | +$2.1M |
I IP | INTERNATIONAL PAPER CO | 17.45% | $149.9M | 3,200,000 | $37.97 | $46.83 | -$20.9M |
P PKG | PACKAGING CORP AMER | 11.74% | $100.8M | 535,000 | $196.88 | $188.45 | +$34.5M |
M MHK | MOHAWK INDS INC | 7.42% | $63.7M | 608,000 | $140.38 | $104.84 | +$9.5M |