Core Industrial Partners takes Fathom private

CORE Industrial Partners, a private equity firm focused on manufacturing, industrial technology and industrial services, has completed 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 plastic and metal additive technologies, CNC machining, injection molding and tooling, sheet metal fabrication, and design and engineering, to serve customers in a variety of end markets , especially 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’s partnership and continued support will help Fathom fulfill its mission to accelerate manufacturing innovation for some of the world’s largest companies. 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,” said Carey Chen, Fathom CEO.

“CORE has been a close partner of Fathom since 2018. 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 building on the company’s success,” said TJ Chung, Senior Partner of Core Industrial Partners and Chairman of Fathom’s Board of Directors.