Siparex takes majority stake in Atk Sports

Siparex ETI has signed an agreement to acquire a majority stake in ATK Sports, succeeding Progressio SGR, which had been the majority shareholder since 2021. This transaction is a secondary LBO conducted alongside the founding Indulti family, led by CEO Davide Indulti, and supported by financial co-investors including BNP Paribas. The deal represents a significant milestone for Siparex’s Italian team, illustrating the group’s strategy to strengthen its pan-European footprint by supporting high-performing Italian industrial exporters. The strategic rationale for the acquisition is to propel ATK Sports into its next phase of global growth. The plan includes accelerating international expansion, particularly in the United States where the company recently opened a subsidiary in Salt Lake City, and developing the fast-growing "hybrid" binding segment. Furthermore, the partnership aims to drive product diversification by leveraging ATK’s mechanical expertise to enter the cycling sector with revolutionary braking systems. The operation will combine organic growth with a targeted acquisition strategy to widen the company’s scope within the high-tech outdoor equipment universe. This deal highlights the strong market demand for specialized, vertically integrated manufacturers that combine traditional craftsmanship with modern engineering and high-growth potential in the global outdoor leisure market.

The acquisition of Atk Sports is part of the growth strategy of Siparex, which already has several external growth operations under its belt, notably 123 Elec in 2026.