Atairos

Established in 2016, Atairos is a private investment firm that operates with a strategic, long-term perspective. The firm was founded by Michael J. Angelakis, who previously served as Comcast Corporation's Vice Chairman and Chief Financial Officer. His extensive experience in corporate finance and strategic investments at a major corporation like Comcast underpins Atairos's core philosophy. Angelakis's background highlights a deep understanding of how to foster growth and create value in established companies, a principle that guides the firm's investment decisions. Joining him are a team of seasoned professionals with diverse backgrounds in private equity and corporate development, including Managing Directors Rachael Wagner and David Caplan.

Atairos manages over $6.5 billion in capital and focuses on making significant, long-term investments in a select number of businesses. The firm's investment approach is characterized by its partnership model, where it works closely with the management teams of its portfolio companies to drive growth and operational improvements. Atairos differentiates itself by leveraging a vast network of strategic relationships, most notably its close ties with Comcast, which can provide its portfolio companies with unique access to resources and expertise. This strategic partnership with Comcast provides a stable, long-term capital base and access to a broad network of industry experts.

The firm primarily targets companies in the services and technology sectors, seeking out businesses with strong market positions and opportunities for sustained growth. Atairos's business model revolves around acquiring substantial minority or majority stakes in these companies. Revenue is generated through the appreciation of its investments and carried interest on the profits realized from successful exits. One notable investment includes a partnership with the National Football League Players Association (NFLPA) and its licensing and marketing arm, NFL Players Inc., to create a new marketing and licensing business, demonstrating its focus on unique opportunities with strong brand recognition. Another significant transaction involved the acquisition of LifeLabs, a Canadian provider of laboratory diagnostic services, showcasing the firm's interest in the healthcare services sector.

Keywords: private equity, investment firm, long-term capital, strategic partnerships, corporate finance, value creation, services sector, technology investments, portfolio management, asset management