CORE Industrial Partners
Canvas Category Consultancy : Company : Private Equity
CORE Industrial Partners is a private equity firm with over $1.58 billion of capital commitments focused on North American lower middle market manufacturing, industrial technology, and industrial service businesses. Our mission is to create long-term value and real, measurable results for our partners. Our highly experienced team of former CEOs and investment professionals seamlessly integrate operational & financial experience. We believe this collaboration enables us to build best-in-class businesses and create long-term relationships with our partners.
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CORE Industrial Partners Portfolio Company PrecisionX Group Acquires Ditron, Inc.
CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, industrial services, and consumer products-focused private equity firm, announced the acquisition of Ditron, Inc., a provider of micro precision stamping, by CORE portfolio company PrecisionX Group. CORE previously acquired GEM Manufacturing, a provider of precision deep drawn metal components, in February 2023, Coining, a provider of progressive die stamping and Swiss machining of high-performance alloys, in June 2023, and National Manufacturing, a provider of deep drawn metal components and precision machining, in May 2024, to form PrecisionX.
Founded in 1963 to provide precision electrical connector solutions, Ditron offers a comprehensive manufacturing solution for tight-tolerance small, miniature, and micro-miniature metal stamped components in both continuous-form and loose-piece formats with an expertise in high-volume applications. Utilizing a fleet of more than two dozen high-speed Bruderer presses capable of up to 1,600 strokes per minute, the Company annually produces billions of components from both ferrous and non-ferrous metals, including beryllium copper, phosphor bronze, stainless steel, and brass. The Company augments its primary micro precision stamping capabilities with a variety of in-house secondary and post-processing services, including deburring, heat treating and packaging.
CORE Industrial Partners Completes Take-Private of Fathom Digital Manufacturing Corporation
CORE Industrial Partners, a manufacturing, industrial technology, and industrial services-focused private equity firm, announced the successful completion of its take-private transaction of Fathom Digital Manufacturing Corporation, 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 unique manufacturing processes, including both plastic and metal additive technologies, CNC machining, injection molding & tooling, sheet metal fabrication, and design & engineering, to serve customers across a variety of end markets, most notably technology, defense, aerospace, medical, automotive and IOT. Headquartered in Hartland, Wisconsin, Fathom operates a nationwide footprint of ten facilities covering nearly 420,000 square feet. The Company holds a variety of registrations and certifications, including ISO 9001, IS0 13485, AS9100 and ITAR.
CORE Industrial Partners Announces Closing of Two New Funds Totaling $887 Million
CORE Industrial Partners (CORE), a manufacturing, industrial technology, and industrial services-focused private equity firm, is pleased to announce the closing of $887 million in capital commitments between its $685 million flagship fund, CORE Industrial Partners Fund III, L.P. (Fund III) and $202 million in its new offering, CORE Industrial Services Fund I, L.P. (Services Fund I) with both funds exceeding their targets. In the past five years, CORE has raised more than $1.58 billion of total limited partner commitments dedicated to investing in the industrial sector.
Fund III will continue CORE’s existing flagship strategy of acquiring manufacturing and industrial technology businesses that CORE believes can benefit from its deep investment and operating experience to accelerate growth and create long-term value for investors, business owners and management teams.
CORE’s newest fund strategy, Industrial Services Fund I, brings a more concentrated focus to the highly fragmented industrial services sector that CORE believes is experiencing strong growth due to reshoring and proliferation of advanced technologies with the adoption of Industry 4.0 applications in North America.