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New Deal


Announced

Completed

Sixth Street led a $200m investment in Guidepost-backed Atlas.

Financials

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Transaction Value£173m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

Private Equity

Domestic

Minority

technology company

Software

Acquisition

Private

Completed

Single Bidder

Synopsis

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Sixth Street, a global investment firm, led a $200m investment in Guidepost-backed Atlas, an industry provider of employer of record solutions and technology. "The future of work thrives across borders and cultures. Atlas is enabling companies to seize the opportunity to be competitive, flexible, and borderless. This new investment from Sixth Street will allow us to continue to respond to our customers' needs, offering the most streamlined and innovative ways of expanding into new markets, onboarding talent, managing the risk of noncompliance, and paying internationally," Rick Hammell, Atlas Founder and CEO.

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