Houlihan Lokey Advises International Wire Group Holdings
Houlihan Lokey is pleased to announce that International Wire Group Holdings, Inc. (IWG) has been acquired by Atlas Holdings LLC (Atlas). The transaction closed on April 30, 2019.
IWG, through its subsidiaries, is a manufacturer and marketer of wire products—including bare, silver-plated, nickel-plated, and tin-plated copper wire, and engineered wire products and high-performance conductors—for other wire suppliers, distributors, and original equipment manufacturers. Its products include a broad spectrum of copper wire configurations and gauges with a variety of electrical and conductive characteristics that are utilized by a range of customers primarily in the industrial and energy, electronics and data communications, automotive/specialty vehicles, aerospace and defense, medical products, and consumer appliance industries. The company has 17 manufacturing facilities located throughout the United States, France, Italy, and Poland.
Headquartered in Greenwich, Connecticut and founded in 2002, Atlas and its affiliates own and operate 19 platform companies that employ more than 18,500 associates at more than 150 facilities worldwide. Atlas operates in sectors such as aluminum processing, automotive, building materials, capital equipment, construction services, paper and packaging, power generation, pulp, supply chain management, and wood products. Atlas' companies together generate more than $5 billion in revenues annually.
Houlihan Lokey served as the exclusive financial advisor to IWG and assisted in initiating, structuring, and negotiating the transaction on its behalf. This transaction underscores Houlihan Lokey's long-standing reputation and credentials as a premier advisor to the world's leading industrial and metal companies.
RELATED: Industrials