Core-Backed TCG Legacy Buys MedLit Graphics themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.
Private equity firm buys Summit tooling, molding businesses
Ryan Martin, CEO of Fathom.
Chicago-based private equity firm Core Industrial Partners has acquired Summit Tooling Inc. and Summit Plastics Inc. of McHenry, Ill., for its portfolio company Fathom.
Fathom provides on-demand manufacturing in 14 processes and six additive manufacturing technologies across its national footprint, which includes about 100 industrial-grade 3D printing machines for mostly plastics but also metal.
The Summit acquisition increases Fathom s in-house tooling capabilities and expands its injection molding capacity, which will help the acquirer answer calls for on-shore injection molding, according to Fathom CEO Ryan Martin. We saw really tremendous growth in 2020 across our additive business, CNC machining, injection molding, tooling and urethane casting machining, Martin said. Many times we had to leverage our supply chain partners for tooling to injection mold parts as our internal capacity a
Private equity firm buys Dahlquist Machine
Plastics News Report
Dahlquist Machine Inc.
Dahlquist Machine Inc. has a new private equity owner. Chicago-based Core Industrial Partners announced the acquisition of the machining company Dec. 21.
Ham Lake, Minn. Dahlquist Machine Inc., a Ham Lake company that specializes in high-speed machining of light metal, aluminum and plastic, has a new private equity owner.
Chicago-based Core Industrial Partners announced the acquisition Dec. 21. Terms were not disclosed.
Dahlquist focuses on the medical device and laboratory testing equipment sectors, and also serves the electronics, instrumental and industrial end markets. The company was founded in 1969 and has more than 30 computer numerically controlled mills and lathes.