-- Global HCM Technology company to invest in scaling its global workforce 
management platform to support innovative companies looking for flexible 
solutions to navigate the new world of work

Atlas, an industry leader in Employer of Record (EOR) Solutions and Technology, 
announced today that it has partnered with Sixth Street Growth, the growth 
investing business of global investment firm Sixth Street. Sixth Street Growth 
will be making a strategic equity investment of up to $200 million to support 
Atlas' continued global expansion.

Logo - https://mma.prnewswire.com/media/1830063/Atlas_Logo.jpg  

Atlas pioneered the Direct Employer of Record model, which is supported by 
entities in over 160 countries, and built its technology with the core focus of 
helping its clients comply with employment rules and regulations on a global 
basis. Leading technology plus local direct experience enables Atlas to support 
companies with global ambitions, giving organizations the flexibility to hire 
and manage the best talent worldwide through localized expertise complemented 
by an enterprise-grade technology platform.

"The future of work thrives across borders and cultures," said Rick Hammell, 
Founder and CEO of Atlas. "Atlas is enabling companies to seize the opportunity 
to be competitive, flexible, and borderless. This new investment from Sixth 
Street will allow us to continue to respond to our customers' needs, offering 
the most streamlined and innovative ways of expanding into new markets, 
onboarding talent, managing the risk of noncompliance, and paying 
internationally."

Today's investment will further enhance the Atlas technology platform, offering 
more user flexibility through additional self-service and automation features, 
which will enable companies to scale faster, regardless of the number of people 
they are hiring. The funds will also support software localization and 
real-time, in-region customer service support. These software platform 
enhancements come after Atlas was named a Leader in the Enabling Technology and 
overall Global EOR Services categories in the recent NelsonHall Vendor 
Evaluation and Assessment Tool (NEAT) report.

In connection with the investment, Nari Ansari, Managing Director at Sixth 
Street Growth, will join Atlas' board of directors. 

Ansari commented, "Atlas is one of the most innovative companies helping 
employers across industries manage an increasingly complex global workforce 
dynamic. We are excited to partner with Rick and the Atlas team in their next 
phase of growth."

Atlas, which has grown exponentially over the past two years, received its 
initial investment from Guidepost Growth Equity, a leading growth equity firm 
focused on high-growth technology companies. With that first institutional 
capital raise, the company accelerated growth by adding additional talent to 
its global workforce and expanding its suite of HR product offerings, 
culminating in the launch of the Atlas platform.

"We are thrilled to continue our partnership with the Atlas team and work with 
Sixth Street to support the company's growth plans", said Chris Cavanagh, a 
General Partner at Guidepost Growth Equity.

Baird acted as exclusive placement agent and Cooley acted as legal advisor to 
Atlas.

About Atlas
Atlas enables innovative companies to compete in a global economy, believing 
that businesses should employ whomever they want, wherever the talent exists. 
As the largest direct employer of record (EOR) with entities in over 160 
countries, Atlas is a technology platform that is supported by experts and 
delivers flexibility for companies to expand across borders, onboard talent, 
manage compliance, and pay their global workforce without the need for a local 
entity.

Atlas was built on years of experience navigating the challenges of quickly 
deploying and paying international employees while ensuring compliance with 
local regulations. This experience brings localized experience and expertise 
into an enterprise-grade technology platform that supports thousands of 
companies and remote teams. The Atlas platform is uniquely designed to deliver 
end-to-end EOR solutions and empowered user experiences that provide 
self-service capabilities and real-time insights that lead to improved business 
outcomes. Learn more at atlasHXM.com ( 
https://c212.net/c/link/?t=0&l=en&o=3649840-2&h=3171426045&u=https%3A%2F%2Fwww.atlashxm.com%2F&a=atlasHXM.com 
) or follow Atlas on Linkedin @ Twitter (@Atlas_HXM).

About Sixth Street
Sixth Street is a leading global investment firm with over $60 billion in 
assets under management and committed capital. Sixth Street Growth is the 
firm's dedicated platform for making private investments in growth companies. 
The Sixth Street Growth team partners with companies and management teams to 
provide bespoke capital solutions to accelerate organic and inorganic growth. 
Sixth Street has invested over $5 billion in more than 40 companies in its 
growth investing strategy since inception. Select Sixth Street Growth 
investments include Airbnb, AvidXchange, Bloomreach, Datavant, DrFirst, 
Gainsight, MDLIVE, Spotify, and Sprinklr. For more information, visit 
www.sixthstreetgrowth.com or and follow Sixth Street on LinkedIn ( 
https://c212.net/c/link/?t=0&l=en&o=3649840-2&h=2879938708&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fsixthstreet%2F&a=LinkedIn 
), Twitter (@sixthstreetnews ( 
https://c212.net/c/link/?t=0&l=en&o=3649840-2&h=75817421&u=https%3A%2F%2Ftwitter.com%2Fsixthstreetnews&a=%40sixthstreetnews 
), and Instagram (@sixthstreetpartners ( 
https://c212.net/c/link/?t=0&l=en&o=3649840-2&h=2880040706&u=https%3A%2F%2Fwww.instagram.com%2FSixthStreetPartners%2F&a=%40sixthstreetpartners 
).

About Guidepost Growth Equity
Guidepost Growth Equity is a leading growth equity firm that partners with 
technology companies offering innovative solutions in large, dynamic markets 
including application software and data services and infrastructure software 
and tech-enabled services. Current and prior investments include Atlas, Dyn 
(acquired by Oracle), Jive Communications (acquired by LogMeIn), Lucid 
(acquired by Cint Group AB), Mineral, OutSystems, ProtoLabs (IPO on NYSE), and 
WP Engine. Guidepost Growth Equity provides the flexible capital, operational 
support, and strategic guidance necessary to support the continued success of 
growth-stage businesses and has over $1.6 billion of capital under management. 
For more information, please visit our website at guidepostgrowth.com or follow 
Guidepost on LinkedIn.

Media Contact:
Courtney Merolle
PR Supervisor
754.715.0747 
courtney@bospar.com 

SOURCE Atlas