M&A Deal Summary

Olympus Partners Acquires International Wire Group

On April 14, 2023, private equity firm Olympus Partners acquired manufacturer International Wire Group from Atlas Holdings

Acquisition Highlights
  • This is Olympus Partners’ 3rd transaction in the Manufacturing sector.
  • This is Olympus Partners’ 50th transaction in the United States.
  • This is Olympus Partners’ 3rd transaction in New York.

M&A Deal Summary

Date 2023-04-14
Target International Wire Group
Sector Manufacturing
Buyer(s) Olympus Partners
Sellers(s) Atlas Holdings
Deal Type Secondary Buyout

Target

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.

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Buyer(S) 1

Buyer

Olympus Partners

Stamford, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 8.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Olympus Partners is a private equity group focused on investing in growth companies with strong management, and positions in their respective markets. The Firm will consider both venture capital and private equity investments and looks to commit $50 to $300 million per transaction. The Firm focuses its investment activities within the business services, healthcare, financial services, consumer, restaurant, software/IT services, and logistics/transportation industries. Olympus Partners was formed in 1988 and is based in Stamford Connecticut.


DEAL STATS #
Overall 52 of 53
Sector (Manufacturing) 3 of 3
Type (Secondary Buyout) 28 of 29
State (New York) 3 of 3
Country (United States) 50 of 51
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Liquibox

Richmond, Virginia, United States

Liquibox is a supplier of bag-in-box flexible packaging to the global dairy, beverage, and bulk food markets. Bag-in-box packaging is primarily used in the food service industry to package dairy mix for milkshakes and coffee drinks, fountain beverage syrup, and pumpable liquid foods such as food concentrates and sauces. Liquibox was formed in 1961 and is based in Richmond, Virginia.

Sell $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-06 MEI Rigging & Crating

Albany, Oregon, United States

MEI Rigging & Crating is a provider of machinery moving, millwrighting, installation, crating, and export packing services. MEI Rigging & Crating was founded in 1990 and is based in Albany, Oregon.

Buy -

Seller(S) 1

SELLER

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 10 of 12
Sector (Manufacturing) 2 of 2
Type (Secondary Buyout) 4 of 5
State (New York) 1 of 1
Country (United States) 9 of 11
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-11 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-25 US Farathane

Auburn Hills, Michigan, United States

US Farathane is a manufacturer and supplier of functional black plastic, interior, and exterior plastic components intended to innovate and pair with solid value. The company's manufacturing division designs highly engineered plastic injection-molded components in a variety of sizes and shapes and supply both functional and decorative parts to companies in the Automotive industry. US Farathane was founded in 1971 and is based in Auburn Hills, Michigan.

Buy -