Updated:
ATL Partners
ATL Partners is a private equity firm that invests in aerospace, transportation, and logistics sectors in North America with enterprise values of $250 million...
ATL Partners
ATL Partners is a private equity firm that invests in aerospace, transportation, and logistics sectors in North America with enterprise values of $250 million and higher. ATL Partners invests in these sectors through private equity and certain preferred securities or debt investments. The firm has made 5 investments, including a Series D investment in Group14 on August 20, 2025, and has achieved 4 portfolio exits, including the sale of Geost on May 27, 2025.
General information
Firm type
Asset Manager
Year founded
2014
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Frank Nash
Founder & Managing Partner
Paul Teske
Partner
Kirby Sneen
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at ATL Partners?
Founder and Managing Partner Frank Nash leads the investment committee, supported by Partners Paul Teske and Kirby Sneen. Nash built the Lazard transportation advisory franchise before spinning out the PE platform, and the team's decisions reflect that sector-specialist DNA.
How does ATL Partners source proprietary deal flow?
The firm leans heavily on the advisory relationships Frank Nash and his partners cultivated at Lazard. ATL targets founder-owned freight forwarders, niche aerospace suppliers, and corporate carveouts in logistics — deals that often never reach a broad auction process and require sector-specific credibility to open.
Does ATL Partners participate in fund commitments or only direct deals?
ATL invests exclusively through direct control equity deals. It does not operate as a fund-of-funds or allocate LP capital to other managers. The firm structures each investment to hold a majority or significant minority position with board control.
What investment stages does ATL Partners typically target?
ATL focuses on mature, cash-flow-positive businesses with established customer bases in aerospace, defense, and logistics. It does not invest in early-stage or venture-backed companies; the firm seeks control positions in businesses with at least $10 million of EBITDA and clear operational improvement levers.
Which sectors does ATL Partners explicitly avoid?
ATL explicitly avoids software, healthcare, financial services, and consumer goods. The firm's mandate is deliberately narrow — it only invests in aerospace and defense manufacturing, freight logistics, and transportation services, believing those sectors offer the deepest mispricing relative to generalist funds' expertise.
How is ATL Partners related to Lazard?
ATL Partners is an independent firm, but its founding team came directly from Lazard's transportation and logistics investment banking group. Frank Nash and his partners built their deal network inside Lazard before spinning out the PE platform in 2014. There is no ongoing financial or ownership relationship between the two firms.
What is ATL Partners' known posture on co-investments alongside external GPs?
ATL will selectively partner with external GPs on deals that require more capital than a single fund's concentration limit allows, but it does not market co-investment as a standard LP benefit. The firm's typical deal is a proprietary control acquisition without co-investors.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: