Houlihan Lokey Advises International Wire Group

Transaction: International Wire Group, a portfolio company of Atlas Holdings, has been acquired by Olympus Partners. Sellside Advisor.

Houlihan Lokey is pleased to announce that International Wire Group (IWG), a portfolio company of Atlas Holdings (Atlas), has been acquired by Olympus Partners (Olympus). Atlas, which acquired IWG in April 2019, will continue as an investor in the company. The transaction closed on June 28, 2023.

IWG is the largest non-vertically integrated copper and copper-alloy wire products manufacturer in the United States and maintains operations in Europe. IWG is highly regarded for its capacity and broad product portfolio, servicing a wide range of applications across a diverse set of end markets, including communications and technology, green electrification, industrial and energy, automotive and specialty vehicles, aerospace and defense, and other major markets. IWG has more than 1,300 employees and is headquartered in Camden, New York.

Headquartered in Greenwich, Connecticut, and founded in 2002, Atlas and its affiliates own and operate 26 companies, which employ approximately 50,000 associates across more than 300 facilities worldwide. Atlas operates in sectors such as aluminum processing, automotive, building materials, capital equipment, construction services, food manufacturing and distribution, packaging, paper, power generation, printing, pulp, supply chain management, and wood products. Atlas’ companies together generate approximately $16 billion in revenues annually.

Olympus is a private equity firm focused on providing equity capital for middle-market management buyouts and companies needing capital for expansion. Olympus manages funds in excess of $8.5 billion, mainly on behalf of corporate pension funds, endowment funds, and state-sponsored retirement programs. Founded in 1988, Olympus is an active, long-term investor across a broad range of industries, including business services, consumer products, healthcare services, financial services, industrial services, and manufacturing.

Houlihan Lokey served as the exclusive financial advisor to IWG and Atlas and assisted in initiating, structuring, and negotiating the transaction on their behalf.

This transaction underscores Houlihan Lokey’s long-standing reputation and credentials as a premier advisor to the world’s leading industrials and metals and engineered materials companies.

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