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Micross Solutions
Insight Equity Announces Acquisition of Atmos Technologies
March 25, 2024

SOUTHLAKE, Texas and NEWTOWN SQUARE, Pennsylvania – March 25, 2024 – Insight Equity Holdings LLC (“Insight Equity”), a private equity firm with 22 years of experience investing in lower middle-market companies, is pleased to announce the acquisition of Atmos Technologies (“Atmos” or the “Company”). Atmos is a specialty materials company that formulates, designs, and provides customized products and application equipment to help solve performance, environmental, and sustainability challenges across a broad range of essential end markets and applications in the waste and infrastructure sectors.

Fred Rullo, CEO of Atmos Technologies, remarked, “Atmos is well positioned to enter the next stage of its growth lifecycle, supported by our strong market position, intense focus on quality and customer satisfaction, and differentiated solution offering.  Insight Equity distinguished itself through its deep understanding of our business and end markets, and this partnership will allow us to continue to expand without compromising the quality and flexibility our customers expect from Atmos.  Additionally, our team looks forward to the strategic guidance and day-to-day financial and analytical support we will receive from the Insight Equity team.”

Jeffrey Parent, Principal at Insight Equity, noted, “The acquisition of Atmos provides Insight Equity with a high-potential asset focused on two of our key investment themes – infrastructure and waste – while servicing these markets with a unique material science expertise. We are excited to partner with Fred and the rest of his team to expand upon Atmos’ foundation of exceptional products, brand awareness, and high service levels to drive Atmos towards its full growth potential.”

“Atmos offers unique solutions to its landfill customers, including its disruptive PFAS-free foam-based alternative daily cover and a newly introduced, modular leachate treatment system,” added Zack Foulk, Senior Vice President at Insight Equity. “We have strong conviction in the continued rapid adoption of these products, which offer customers a clear and differentiated value proposition through significant cost efficiencies, safety improvements, and ease of use.” 

“Atmos’ enduring market leadership position across business lines is derived from its differentiated and highly effective product and service offering,” stated David Beneski, Vice President at Insight Equity. “Our goal is to strengthen longstanding and deeply integrated customer relationships to continue to offer an unparalleled experience as a value-added partner.”

Insight Equity partnered with Trinity Investors, Cortes Capital, and Prudential Private Capital as co-investors. 
Triago, Stout Capital, LLC, and Hunton Andrews Kurth LLP served as advisors to Insight Equity.

About Atmos Technologies

Atmos Technologies is headquartered in Newtown Square, Pennsylvania and was created through the combination and re-branding of Rusmar, NCM Odor Control, and Crowley Chemical Company in 2021. Atmos Technologies is a specialty materials platform dedicated to providing sustainable solutions for performance and environmental challenges in infrastructure and waste applications.

About Insight Equity

Insight Equity makes control investments in strategically viable, lower middle-market companies across a wide range of industries. Insight Equity specializes in partnering with manufacturing and distribution companies with attractive growth and market leadership positions. Leveraging its collaborative value creation model, Insight Equity facilitates transformational improvements that can lead to significant growth in value. Insight Equity partners with and supports management teams with its operational and strategy toolkit, financial acumen, and capital.

Insight Equity is headquartered near the Dallas / Ft. Worth International Airport in Southlake, Texas. The firm also has an office in New York City.