News

Altas Partners has acquired a significant convertible preferred equity interest in PADI (Professional Association of Diving Instructors), the largest scuba diving membership and diving certification organization in the world. Founded in 1966, PADI is an iconic brand that has set the industry standard for scuba instructor training.

Altas Partners is delighted to welcome David Lawee to the firm’s Advisory Board. David has a deep appreciation for how technologies can enable businesses, and transform industries, stemming from his experience as both an investor and a leader over many years at Google and CapitalG.

Altas Partners is delighted to welcome Joe Natale to the firm’s Advisory Board. Joe brings tremendous executive, leadership and broad-based technology experience to the Advisory Board.

WARREN BUFFETT’S Berkshire Hathaway is celebrated for identifying undervalued companies, buying them, holding on to them for years and reaping handsome rewards for its shareholders. Private-equity firms, by contrast, habitually deal in shorter timespans.

Altas Partners is pleased to announce that Damon Conway has joined the Firm as a Principal. Prior to joining Altas, Damon worked at Mill Road Capital in Greenwich, Connecticut where he focused on private equity and public equity investments, and at Onex Corporation in Toronto, where he was actively involved with the acquisition and subsequent ownership of Husky Injection Molding Systems.

HIGHLIGHTS STRONG SUPPORT FOR ITS DIFFERENTIATED APPROACH TO PRIVATE EQUITY INVESTING Altas Partners LP, a North American private equity firm, announced today that it has completed a US$1 billion fundraise for Altas Partners Holdings LP. The fund closed at its hard cap and was oversubscribed. Altas was established in 2012 to pursue a differentiated approach to private equity investing.