Acquiring Company
Knighthead Capital Management and Marathon Asset Management
Acquired Company
ATI Physical Therapy
Description
ATI Physical Therapy, Inc. has announced its transition from public to private ownership through a merger led by Knighthead Capital Management and Marathon Asset Management. The acquisition involves existing stockholders who will take control of the company, purchasing shares for $2.85 each. This change aims to enhance operational flexibility and focus on long-term growth while continuing high-quality patient care. ATI will remain headquartered in Downers Grove, Illinois.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed