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E-shots Web-exclusive: Atlas sells majority stake to equity firm

Article-E-shots Web-exclusive: Atlas sells majority stake to equity firm

Atlas Material Testing Technology LLC (Chicago, IL; www.atlas-mts.com) has found an investment partner in Industrial Growth Partners (IGP; San Francisco, CA), a private equity firm that focuses on the manufacturing sector. The two companies have finalized an agreement in which IGP will purchase a majority stake in Atlas. The investment is intended to provide capital to support the materials testing company's continued global growth.

TAGS: Materials
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