Atkore Acquisition, Valuation & Financials

Atkore was acquired by Prysmian Group for $3.8B in August 2026, a 1.3x multiple on $2.9B of revenue.

Atkore acquisition price

$3.8B

Acquired by Prysmian Group · Aug 2026

Atkore revenue at acquisition

$2.9B

Last twelve months · Aug 2026

Atkore revenue multiple at acquisition

1.3x

EV/Revenue · Aug 2026

Atkore EBITDA multiple at acquisition

9.8x

EV/EBITDA · Aug 2026

Atkore Overview

About Atkore

Atkore Inc is a manufacturer of Electrical products for the non-residential construction and renovation markets, as well as residential markets, and Safety & Infrastructure products for the construction and industrial markets. The Electrical segment manufactures products used in the construction of electrical power systems including conduit, cable, and installation accessories. This segment serves contractors in partnership with the electrical wholesale channel. The Safety & Infrastructure segment designs and manufactures solutions including metal framing, mechanical pipe, perimeter security, and cable management. These solutions are marketed to contractors, original equipment manufacturers (OEMs), and end-users. The majority of revenue is generated from the Electrical segment.


Founded

2010

HQ

United StatesNew Orleans, LA

Website

atkore.com

Status

Acquired

Customer focus

B2B

Revenue model

Product sales

Revenue

$2.9B (Aug 2026)

Valuation

$3.8B (acquired Aug 2026)

Atkore Acquisition

Atkore was acquired by Prysmian Group for $3.8B on 2 August 2026.

The acquisition price implies a 1.3x revenue and 9.8x EBITDA multiple on $2.9B of revenue.

Prysmian agreed to acquire Atkore for $95.00 per share in an all-cash transaction implying an enterprise value of approximately $3.8 billion (€3.3 billion). The deal was unanimously approved by both boards, is expected to close by the end of 2026, and is financed with a mix of debt, including hybrid bonds, and equity, including treasury share disposal, to preserve Prysmian’s investment-grade profile. The transaction implies 9.8x EV/EBITDA based on Atkore’s 2025 results and 7.1x EV/EBITDA including expected run-rate synergies, with about $150 million of annual run-rate EBITDA synergies targeted within three years of closing. Atkore shareholders will receive cash at closing, and Prysmian expects the acquisition to be earnings accretive from the first full year after closing. Strategically, Prysmian is using the acquisition to broaden its exposure beyond cables into conduits, fittings, cable trays, and other electrical infrastructure components, strengthening its position in electrical solutions and expanding its footprint in the U.S. market. Management said the combination should also create commercial cross-selling opportunities and operational efficiencies, with the synergy program contributing to the longer-term value case. The transaction was announced after a strategic review process and follows Prysmian’s effort to preserve leverage discipline while adding a scaled electrical infrastructure platform. Atkore is a Harvey, Illinois-based manufacturer of electrical infrastructure products with global operations and about 5,400 employees. For fiscal 2025, Atkore generated $2.85 billion of revenue and $386 million of EBITDA, and Prysmian said the company’s 2025 revenue mix reflected a substantial international footprint. On a pro forma fiscal 2025 basis, the combined group would have generated about €22.1 billion of net revenue and €2.7 billion of adjusted EBITDA.

Atkore acquisition details
AcquirerDateTypePriceEV/RevenueEV/EBITDA
  • Prysmian Group
2 Aug 2026Strategic M&A$3.8B1.3x9.8x

Atkore as a Public Company

Atkore traded as NYS: ATKR before it was taken private. Its acquisition was announced in August 2026. October 2026 is its last month on record as a listed company, with a market cap of $3.2B and an enterprise value of $3.8B.

Over the 4 years before that, its market cap fell from $3.9B in October 2022 to $3.2B.

Atkore market cap while listed

Atkore EV/Revenue (LTM) while listed

Atkore financials and trading multiples by year while listed
As ofMarket capRevenue (LTM)EBITDA (LTM)EBITDA marginEV/RevenueEV/EBITDA
Oct 2026$3.2B-----
Oct 2025$2.3B$2.8B$395M14%1.0x7.4x
Oct 2024$3.1B$3.2B$764M24%1.2x4.8x
Oct 2023$4.7B$3.6B$1B29%1.5x5.1x
Oct 2022$3.9B$3.8B$1.3B34%1.2x3.5x

Market cap, enterprise value and last-twelve-month figures are month-end values, up to the last month Atkore traded.

Acquisitions by Atkore

Atkore has acquired 7 companies to date.

Last acquisition by Atkore was on August 31st 2022. Atkore acquired Northwest Polymers for $62M.


Latest Acquisitions by Atkore

Northwest Polymers
Cascade Poly Pipe & Conduit
United Poly Systems
Calpipe Industries
Description
Northwest Polymers is a plastic recycling company located in Seattle, Washington. It processes post-industrial and post-consumer PVC, HDPE, and other resins into regrind and compounds, supplying manufacturers in construction, packaging, and agriculture sectors.
Cascade Poly Pipe & Conduit manufactures smoothwall HDPE conduit from recycled resins for telecommunications, utility, and datacom infrastructure projects. Scranton, Pennsylvania-based, the company produces innerduct, outerduct, and microduct systems compliant with NEMA TC-7 standards, serving underground cabling needs for fiber optic deployments and power utilities across North America.
United Poly Systems is a manufacturer of high-density polyethylene pipe with facilities in Springfield, Missouri, and Albuquerque, New Mexico, producing diameters from ¾-inch IPS to 16-inch DIPS. The company supplies HDPE piping for telecommunications, power utilities, electrical, and oil and gas infrastructure projects across the United States.
Calpipe Industries is a manufacturer of electrical conduit systems designed for corrosive environments and security bollards for high-security applications. Located in Tustin, California, the company produces PVC-coated rigid steel conduit, fiberglass duct banks, and thermoplastic bollards used in petrochemical plants, water treatment facilities, offshore platforms, and architectural perimeters. Its products meet stringent standards like UL and NEMA for harsh conditions including chemical exposure and impact resistance.
HQ CountryUnited StatesUnited StatesUnited StatesUnited States
HQ City
Molalla, OR
Salem, OR
Eugene, OR
Los Angeles, CA
Deal Date31 Aug 202231 Aug 202222 Jun 20222 Oct 2017
Valuation$62Mundisclosed$227Mundisclosed
EV/Revenue
EV/EBITDA

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Investments by Atkore

Atkore has invested in 1 company to date.

Latest investment by Atkore was on April 7th 2026. Atkore invested in Infra Pipe Solutions in their $28M Strategic investment round.


Latest Investments by Atkore

Infra Pipe Solutions
Description
Infra Pipe Solutions is a manufacturer of large-diameter high-density polyethylene pipes and stormwater structures based in the United States. The company produces HDPE products for municipal sewer, drainage, and industrial applications, with manufacturing facilities in Alabama serving North American markets. Infra Pipe Solutions emphasizes corrosion-resistant solutions for underground infrastructure projects.
HQ CountryCanada
HQ City
Toronto
Deal Date7 Apr 2026
RoundStrategic investment
Raised$28M
Investors-
Valuation$280M
EV/Revenue
EV/EBITDA

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Atkore Competitors

Atkore competitors include listed companies like Zijin Longking, Raycus Laser, Tianmai Thermal Technology and Riyadh Cables, and private ones like Mitsubishi Electric Mobility and CelLink.

Public and private companies comparable to Atkore
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Zijin LongkingChinaChinaPublicly listed$1.8B$278M$3.7B1.9x
Raycus LaserChinaChinaPublicly listed$520M$54M$3.7B6.1x
Tianmai Thermal TechnologyChinaChinaPublicly listed$168M$34M$3.7B-
Riyadh CablesSaudi ArabiaSaudi ArabiaPublicly listed$2.8B$361M$3.9B1.3x
Mitsubishi Electric MobilityJapanTokyoPrivate$5.5B-$2B0.4x
CelLinkUnited StatesSan Francisco, CAPrivate--$889M-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Zijin Longking$1.8B$278M2.2x1.9x14.1x11.6x
Raycus Laser$520M$54M7.0x6.1x66.5x47.9x
Tianmai Thermal Technology$168M$34M22.3x-109.5x-
Riyadh Cables$2.8B$361M1.5x1.3x11.5x10.3x
Guizhou Space Appliance$873M$80M4.1x3.7x45.2x46.6x
KEI Industries$1.2B$137M3.3x2.8x29.8x26.2x
Dhoot Transmission$479M$74M7.1x5.6x46.2x37.0x
LS$24B$1.1B0.6x0.5x11.9x7.5x

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Common questions about Atkore

When was Atkore founded?Atkore was founded in 2010.
Where is Atkore headquartered?Atkore is headquartered in New Orleans, LA, United States.
Is Atkore publicly listed?No, Atkore was acquired by Prysmian Group in August 2026.
Who acquired Atkore?Atkore was acquired by Prysmian Group in August 2026.
How much was Atkore acquired for?Atkore was acquired for $3.8B in August 2026, a 1.3x revenue multiple.
Which companies are comparable to Atkore?Companies comparable to Atkore include Zijin Longking, Raycus Laser, Tianmai Thermal Technology, Riyadh Cables, Mitsubishi Electric Mobility and CelLink.
What was Atkore's market cap before the acquisition?Atkore had a market cap of $3.2B in October 2026, its last month on record as a listed company.
How many companies has Atkore acquired?Atkore has acquired 7 companies, including Northwest Polymers, Cascade Poly Pipe & Conduit, United Poly Systems, Calpipe Industries and Marco Cable Management.
What was the largest acquisition by Atkore?The $227M acquisition of United Poly Systems in June 2022 is the largest acquisition Atkore has made to date.
How many companies has Atkore invested in?Atkore has invested in 1 company, including Infra Pipe Solutions.
What was Atkore's last investment?In April 2026, Atkore invested in Infra Pipe Solutions' $28M strategic investment round.

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