CORE Industrial Partners Wraps Up Take-Private of Fathom Corp.

CORE Industrial Partners, a manufacturing, industrial technology, and industrial services-focused private equity firm, announces the successful completion of its take-private transaction of Fathom Digital Manufacturing Corp., a provider of on-demand digital manufacturing services. As a result of the transaction, Fathom Class A common stock has ceased trading and will no longer be listed on the New York Stock Exchange.

Founded in 1984, Fathom offers 25 manufacturing processes, including both plastic and metal additive technologies, CNC machining, injection molding & tooling, sheet metal fabrication, and design & engineering, to serve customers across various end markets, especially technology, defense, aerospace, medical, automotive and Internet of Things. Headquartered in Hartland, WI, Fathom operates a nationwide footprint of 10 facilities covering nearly 420,000 square feet. The company holds various registrations and certifications, including ISO 9001, IS0 13485, AS9100 and ITAR.

”CORE’s continued partnership and support will help Fathom fulfill its mission to accelerate manufacturing innovation for some of the largest companies in the world,” says Carey Chen, CEO of Fathom. “We look forward to partnering with CORE as we continue to work to grow our business and improve Fathom for the benefit of our employees and customers.”

“CORE has been a close partner to Fathom since 2018,” says TJ Chung, senior partner of CORE and chairman of Fathom’s board of directors. “We believe Fathom is a leader in the Industry 4.0 digital manufacturing revolution, and we are excited to work with the Fathom team to continue to build on the Company’s success.”

Sources: Press materials received from the company and additional information gleaned from the company’s website.

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