Blackstone, Blue Owl To Acquire Minority Stake In Atlas - Blackstone (NYSE:BX), Blue Owl Capital (NYSE:OWL)

Blackstone, Blue Owl To Acquire Minority Stake In Atlas - Blackstone (NYSE:BX), Blue Owl Capital (NYSE:OWL)

Blackstone GP Stakes and Blue Owl GP Strategic Capital are taking up a minority stake in private equity firm Atlas Holdings.

Blackstone, Blue Owl Buy Minority Stake in Atlas Holdings

Blackstone and Blue Owl announced that funds managed by Blackstone GP Stakes and Blue Owl GP Strategic Capital have made a strategic minority investment in Atlas Holdings. Founded in 2002 and headquartered in Greenwich, Connecticut, Atlas and its affiliates own and operate a diversified group of 30 industrial, manufacturing and distribution businesses. The firm focuses on complex situations where deep operational expertise, hands‑on engagement a…

Atlas Holdings sells minority stake to Blackstone and Blue Owl

Atlas Holdings, a US-based private equity firm, which oversees more than $16bn in assets, has agreed to sell a minority stake in the business to Blackstone and Blue Owl Capital, according to a report by Bloomberg. The report cites a statement reviewed by Bloomberg News as revealing that the investment will be made through Blackstone’s GP stakes platform and Blue Owl’s GP strategic capital strategy. Founded in 2002 and based in Greenwich, Connect…