mention on new Atrium takeout list https://mcusercontent.com/4bc421505c66d079778a0d0be/files/77aedddd-f6ca-b23f-bf23-8ea8abd2f52a/20240513_Atrium_Takeouts_Part_2.01.pdf
Doesn't fit this criteria.
1) Poor Stock Performance – Amongst the 9 acquired firms, the average
stock was down 58% compared to its previous high seen in 2020/2021.
Again, most firms have improved fundamentals over that period while
rising interest rates and multiple compression led to the stock price
decline. We continue to view this as a leading indicator that a firm is a
takeout candidate given that acquirors are looking for discounted prices.