3D Printing Service ProvidersAcquisitions, Mergers & PartnershipsAM IndustryRapid PrototypingTooling

CORE Industrial Partners acquires AM service provider RE3DTECH

Equity firm's expansion in AM industry continues after Fathom and 3DXTECH

Stay up to date with everything that is happening in the wonderful world of AM via our LinkedIn community.

CORE Industrial Partners, the Chicago-based private equity firm behind the recent acquisitions of AM service provider Fathom (which recently led to the company’s public listing on NYSE) and technical 3D printing filament manufacturer 3DXTECH, is continuing its expansion in the AM industry. CORE’s latest acquisition is Illinois-based RE3DTECH, a leading provider of additive manufacturing services with a focus on high-volume production parts.

John May, Managing Partner of CORE Industrial Partners, said, “Our investment in RE3DTECH represents an expansion of our thesis within the additive manufacturing sector to address the growing market for high-volume production needs. We believe CORE’s sector expertise and resources will prove highly impactful in accelerating the Company’s growth, both organically and through complementary acquisitions.”

CORE Industrial Partners acquires 3D printing service provider RE3DTECH as expansion in AM industry continues after Fathom and 3DXTECH

RE3DTECH offers a comprehensive suite of in-house manufacturing services, including 3D printing, finishing, quality and assembly. The Company specializes in 3D printing utilizing multi-jet fusion technologies and direct metal laser sintering to manufacture production-grade parts across both polymer and metal materials. Founded in 2017 and headquartered outside Chicago, IL, the Company serves a variety of end markets, including aerospace and defense, consumer, technology, industrial, automotive and medical, among others.

Jim Teuber, President of RE3DTECH, said, “RE3DTECH was founded with the mission to provide our customers with customized solutions utilizing the latest, state-of-the-art technologies. Our partnership with CORE will help unlock the resources necessary to continue investing in cutting-edge capabilities and further enhance our customer value proposition.”

With the addition of RE3DTECH, CORE Industrial Partners now has established a comprehensive AM platform that includes Fathom’s unique know-how on advanced prototyping, tooling and batch production capabilities, 3DXTECH’s technical AM hardware and technical 3D printing materials production capabilities and now higher throughput serial production capabilities via RE3DTECH’s multijet fusion and metal 3D printing expertise.

Matthew Puglisi, Partner of CORE concluded saying that “RE3DTECH’s strong growth since inception is the direct result of the Company’s combination of talented employees, breadth of additive manufacturing technologies, design and engineering capabilities, and quick turnaround times to provide a differentiated experience to its customers. We look forward to building upon the Company’s solid foundation to further expand its service offering and geographic reach.”

Winston & Strawn LLP provided legal representation to CORE in the transaction.

Research 2021
Ceramic AM Market Opportunities and Trends

This market study from 3dpbm Research provides an in-depth analysis and forecast of the ceramic additive ma...

Davide Sher

Since 2002, Davide has built up extensive experience as a technology journalist, market analyst and consultant for the additive manufacturing industry. Born in Milan, Italy, he spent 12 years in the United States, where he completed his studies at SUNY USB. As a journalist covering the tech and videogame industry for over 10 years, he began covering the AM industry in 2013, first as an international journalist and subsequently as a market analyst, focusing on the additive manufacturing industry and relative vertical markets. In 2016 he co-founded London-based 3dpbm. Today the company publishes the leading news and insights websites 3D Printing Media Network and Replicatore, as well as 3D Printing Business Directory, the largest global directory of companies in the additive manufacturing industry.

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are necessary for the website to function and cannot be switched off in our systems.

In order to use this website we use the following technically required cookies
  • PHPSESSID
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services

STAY AHEAD

OF THE CURVE

Join industry leaders and receive the latest insights on what really matters in AM!

This information will never be shared with 3rd parties

I’ve read and accept the privacy policy.*

WELCOME ON BOARD!