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Private Equity | Consumer & Retail

Siparex ETI has acquired a majority stake in ATK Sports from Progressio SGR.

March 2026 — Siparex ETI has acquired a majority stake in ATK Sports S.r.l. from Progressio SGR, marking the exit of the seller and the reinvestment of the founding family’s second generation. Acquisition financing was provided by a banking pool led by Banco BPM. The transaction represents the first major milestone for Siparex ETI’s team in Italy.

Siparex ETI is a French private equity firm. The company’s industrial plan focuses on accelerating international expansion, developing the hybrid bindings segment, launching innovative outdoor components and pursuing external growth opportunities through bolt-on acquisitions.

ATK Sports is a global leader in the design and manufacture of high-performance ski mountaineering bindings. Founded in 2006, the company generates over 85% of its revenue internationally through a commercial subsidiary in the USA, a network of more than 1,100 specialized retailers and over 25 distributors operating across more than 30 countries.

Progressio SGR is a private equity fund that served as the majority shareholder of ATK Sports from 2021 until its exit.

Our role in the transaction

Oaklins’ team in Italy acted as the exclusive financial advisor to the buyer, Siparex ETI.

Parties

Talk to the deal team

Luca Morello

Director
Milan, Italy
Oaklins Italy

Alessandro Erbanni

Managing Director
Milan, Italy
Oaklins Italy

Antonella Fraioli

Associate Director
Milan, Italy
Oaklins Italy

Ivan Rivera

Analyst
Milan, Italy
Oaklins Italy

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