RunTide Capital Expands Investments Into ATSG
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NEW YORK, Feb. 11, 2021 /PRNewswire/ -- ATSG, a leading, tech-enabled managed services and solutions company, announced today the ongoing strategic investment into the company by RunTide Capital, a premier private equity firm focused on building tech-enabled growth companies. The new investment will provide direct access to significant dedicated capital for ATSG's planned future growth and expansion.
RunTide's initial investment in the company set the foundation for the strong growth strategy that ATSG commenced several years ago. With access to over $200 million of capital including modest leverage and an additional investment by RunTide Capital, with the financial backing of investment funds managed by Morgan Stanley AIP, ATSG is well-positioned as an important acquirer in the rapidly growing and fractionalized IT Services sector.