Firm at a glance
Altas Partners is a platform private equity firm founded in 2012 and headquartered in Toronto, ON [S1]. The firm maintains offices in Toronto and New York [S2] and reports managing more than $10 billion in assets [S1].
What they buy
Public transaction records for Altas Partners show activity in the financial services sector, specifically insurance claims administration and risk management services [S3][S4]. The firm appears to pursue large-scale platform investments, as evidenced by its participation in a $1 billion equity investment completed in November 2024 [S4]. The limited public portfolio data available as of early 2025 suggests a focus on substantial platform transactions rather than frequent add-on acquisitions.
Portfolio
**Sedgwick** (financial services/insurance): Altas Partners completed a strategic investment in Sedgwick in September 2024 [S3], followed by a $1 billion equity investment alongside Carlyle and Stone Point Capital in November 2024 [S4].
Recent activity (last 24 months)
* **September 2024**: Strategic investment in Sedgwick, a claims administration and risk management services provider [S3]
* **November 2024**: Completed $1 billion equity investment in Sedgwick alongside co-investors Carlyle and Stone Point Capital [S4]
How this firm fits a seller
Altas Partners appears positioned for sellers of substantial platform businesses, particularly given the scale of its reported assets under management and the size of its recent transactions. The firm’s participation in a billion-dollar investment alongside other institutional investors suggests a preference for larger, established companies rather than lower middle market opportunities. For owner-operators in the financial services or insurance-adjacent sectors, Altas may represent a potential buyer if the business has reached significant scale. The firm’s co-investment approach in its recent Sedgwick transaction indicates a willingness to partner with other institutional capital sources on larger deals.
Sources
[S1] https://www.altas.com/about-us (as of 2025-01-02)
[S2] https://www.altas.com (as of 2025-01-02)
[S3] https://www.lw.com/en/news/2024/09/latham-watkins-advises-sedgwick-in-strategic-investment-by-altas-partners (as of 2025-01-02)
[S4] https://www.lw.com/en/news/2024/11/latham-watkins-advises-sedgwick-in-completed-us1-billion-equity-investment-altas-carlyle-stone-point (as of 2025-01-02)
Frequently asked questions
Does Altas Partners buy financial services businesses?
Based on publicly available transaction records, Altas Partners has demonstrated interest in the financial services sector through its 2024 investments in Sedgwick, an insurance claims administration and risk management company [S3][S4]. The firm’s activity in this sector appears focused on large platform investments rather than smaller acquisitions.
What companies has Altas Partners acquired recently?
Altas Partners completed a strategic investment in Sedgwick in September 2024, followed by a $1 billion equity investment in the same company in November 2024 [S3][S4]. These represent the firm’s publicly disclosed transactions over the past 24 months per available records as of early 2025.
Where is Altas Partners based and how big is the firm?
Altas Partners is headquartered in Toronto, ON, with an additional office in New York, NY [S2]. The firm reports managing more than $10 billion in assets as of early 2025 [S1].
Is Altas Partners still actively acquiring?
Altas Partners completed a $1 billion equity investment in November 2024 [S4], indicating recent transaction activity. The firm’s completion of two investments in the same platform company during 2024 suggests ongoing acquisition activity as of the most recent public records.
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.