Investment Firm Banks on Atlas

Published: March 01, 2008

CHICAGO, IL

Atlas Material Testing Technology has finalized an agreement to sell a majority stake in the company to Industrial Growth Partners (IGP), San Francisco, CA. The investment in Atlas will provide additional capital to support the continued rapid growth the company has experienced in recent years.

IGP partner Eric Heglie calls Atlas “an exceptional company that is a leader in its industry,” adding, “We believe that Atlas has the platform, the people, and the technologies to accelerate its growth trajectory. We are very excited about the opportunities ahead.”

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