M&A Deal Summary

Atlas Holdings Acquires Crown Paper Group

On October 11, 2022, private equity firm Atlas Holdings acquired forest products company Crown Paper Group from Lindsay Goldberg

Acquisition Highlights
  • This is Atlas Holdings’ 7th transaction in the Forest Products sector.
  • This is Atlas Holdings’ 28th transaction in the United States.
  • This is Atlas Holdings’ 1st transaction in Washington.

M&A Deal Summary

Date 2022-10-11
Target Crown Paper Group
Sector Forest Products
Buyer(s) Atlas Holdings
Sellers(s) Lindsay Goldberg
Deal Type Secondary Buyout

Target

Crown Paper Group

Port Townsend, Washington, United States
Crown Paper Group is an independent regional containerboard business. Crown operates an integrated containerboard mill, two converting facilities, and three company-operated distribution centers, and has a strategic presence in the growing markets of the Pacific Northwest and Western Canada. Crown Paper Group was founded in 2015 and is based in Port Townsend, Washington.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Atlas Holdings

Greenwich, Connecticut, United States

Category Private Equity Firm
Founded 2002
Size Large
Type Sector Agnostic
DESCRIPTION

Atlas Holdings is a private equity and investment holding firm focused on acquiring controlling interests in businesses operating in traditional, basic industries. Areas of interest include automotive, business services, industrial services, building materials, pulp and paper, distribution, energy, packaging, specialty steel and wood products. The Firm will participate in bankruptcy investments, highly structured equity and debt investments, leveraged ESOP acquisitions, out-of-court restructurings, and roll-ups. Atlas typically partners with private and institutional investors and structures one investment at a time. Atlas Holdings was established in 2002 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 33 of 40
Sector: Forest Products M&A 7 of 8
Type: Secondary Buyout M&A Deals 4 of 5
State: Washington M&A 1 of 1
Country: United States M&A 28 of 32
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-07 Foster Farms

Livingston, California, United States

Foster Farms is a producer and processor of poultry and other food products for retail, foodservice, and wholesale markets. The Company raises, processes, and distributes fresh and frozen chicken and turkey products, along with prepared foods such as corn dogs and fully cooked entrées. Foster Farms was founded in 1939 and is headquartered in Livingston, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-14 International Wire Group

Camden, New York, United States

International Wire Group is a designer and manufacturer of highly-engineered copper-based wire products. IWG’s products are utilized in end markets such as industrial and energy, electronics and data communications, automotive and specialty vehicles, aerospace and defense, medical products and consumer and appliance industries. International Wire Group was formed in 1995 and is based in Camden, New York.

Sell -

Seller(S) 1

SELLER

Lindsay Goldberg

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 17.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Lindsay Goldberg is a large private equity firm that targets investments in traditional, basic industries. Lindsay looks to commit $50 to $250 million per transaction in sectors that include basic & commodity manufacturing, financial services, food, and distribution. Lindsay looks to partner with management in pursuing transactions. Lindsay Goldberg was formerly known as Lindsay Goldberg & Bessemer. The Firm was formed in 2001 and is based in New York City.


DEAL STATS #
Overall 40 of 42
Sector: Forest Products M&A 3 of 3
Type: Secondary Buyout M&A Deals 18 of 18
State: Washington M&A 1 of 1
Country: United States M&A 31 of 33
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-28 MMS

Canton, Michigan, United States

MMS is a data-focused clinical research organization that supports biotech and pharmaceutical customers with differentiated biostatistics, medical writing and data management services enabled by MMS’ proprietary technology. MMS was founded in 2006 and is based in Canton, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-05 Lightwave Dental

Woodbridge, Virginia, United States

Lightwave Dental is a management services partner for dental offices located in Virginia. The company offers a low-touch, democratic approach to working with its dental partners that drives better results for doctors and a better experience for the staff. Lightwave Dental was founded in 2016 and is based in Woodbridge, Virginia.

Buy -