News

Today, Pye-Barker Fire & Safety ("Pye-Barker" or the "Company"), the largest fully integrated and full-service fire protection, life safety, and security alarm services provider in the United States, announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority ("ADIA") and GIC, a global institutional investor, have completed the acquisition of minority stakes in Pye-Barker, joining existing equity holders Altas Partners ("Altas") and Leonard Green & Partners, L.P. ("LGP"), as investors in the Company. As part of the transaction, LGP invested significant new capital into the Company while Altas retained the majority of its ownership interest.

We are delighted to announce the promotion of Jack Hansen and Akshay Kumar to Partner. Jack and Akshay have demonstrated outstanding expertise, leadership, and dedication.

We were delighted to host our partners at the 2024 Altas Annual General Meeting in Toronto. The event featured our team, Advisory Board members, and senior leadership from our portfolio companies, who discussed developments at Altas and the progress of our businesses over the past year.

On September18th, Lisa Dymond, Partner and Head of Talent, represented Altas at the Women’s Private Capital Summit in Toronto, Ontario. Lisa participated in the panel “Closing the Diversity Gap in Private Markets –Moving from Talk to Action” alongside Kerryann Benjamin (KKR), Michelle McBane (Stand Up Ventures), and Nicole Musicco (former CIO of CalPERS).

Mercer Global Advisors, Inc. (“Mercer Advisors”), a national wealth management firm with $63 billion in client assets, announced today that it was ranked first in the 2024 Barron’s Top 100 RIA Ranking. “The recognition from Barron’s is a reflection of our unwavering commitment to being unapologetically client focused and striving to deliver the highest standard of financial care that is available anywhere,” said Dave Welling, CEO, Mercer Advisors.

Sedgwick, a leading global provider of claims management, loss adjusting and technology-enabled business solutions, announced a strategic investment from Altas Partners ("Altas"), a North American private equity firm. Current investors, including funds managed by global investment firm Carlyle (NASDAQ: CG) and by Stone Point Capital LLC, will remain as investors and continue to make significant new investments in the business, with Carlyle maintaining its control position in partnership with the investor group and the Sedgwick management team.