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Athanase Industrial Partner (AIP) is a private investment firm that acquires long-term ownership stakes in public companies. The firm focuses on enterprises where significant value creation is achievable through strategic, operational, and structural improvements. AIP’s disciplined approach targets businesses with stable earnings, predictable cash flows, and low leverage, fostering sustained growth and enhanced value.
Stefan Charette founded Athanase Industrial Partner in 2014, leveraging his extensive executive background in international industrial businesses. His founding insight centered on active ownership's potential to unlock lasting value in public companies. Charette's prior leadership, including as CEO of Brokk Group, directly shaped AIP's comprehensive, hands-on value-creation methodology.
AIP serves institutional investors seeking durable, long-term capital appreciation through strategic public market engagements. The firm partners with management teams to realize untapped potential within its portfolio, fostering sustainable operational excellence and growth. Athanase Industrial Partner aims to be a catalyst for enduring shareholder value, guiding the direction and performance of its investments.
Athanase has 2 tracked investments across 2 companies. The latest tracked deal is $74.2M Series D Extension in Zettle by PayPal in April 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 19, 2018 | Zettle by PayPal | $74.2M Series D Extension | — | Norron, Northzone, SEB Stiftelsen, Swedbank Robur |
| Apr 1, 2018 | Qapital | $30.0M Series B | — | 83North, Blue Horizon, Company Capital, Creandum, Dawn Capital, Mouro Capital, Northzone, BEN Holmes, Sylwester Janik, Norron, SEB Stiftelsen, Swedbank Robur |