Atlas Holdings to acquire ODP in a $1bn deal.

Atlas Holdings, a private equity firm, agreed to acquire ODP, a provider of products, services and technology solutions, in a $1bn deal. “Atlas brings an understanding of our industry, along with the operational expertise, resources and track record of supporting its companies that will fast forward our B2B growth initiatives and strengthen our position as a trusted partner to our customers. Atlas’ commitment demonstrates their confidence in our future and the strong momentum we’ve achieved through our focus on operational excellence and disciplined execution. We’re excited about our path for the future,” Gerry P. Smith, ODP CEO.