Imperial Capital, LLC has announced that it served as the exclusive financial advisor to GPI Prototype & Manufacturing Services, LLC on its sale to FATHOM, a portfolio company of CORE Industrial Partners. CORE acquired Midwest Composite Technologies in 2018, and FATHOM and ICOMold in 2019. All four companies will be moving forward under the FATHOM brand.
Founded in 2007 as one of the first metal additive manufacturing (AM) services providers in the country, GPI uses Direct Metal Laser Sintering (DMLS) to print parts with complex geometries for on-demand manufacturing applications. Utilizing a variety of metal powders, including aluminum, stainless steel, tool steel, titanium, Inconel and cobalt chrome, GPI works with Fortune 500 companies across diversified end markets. The company holds ISO 9001, ISO 13485 and AS9100D certifications.
Ryan Martin, CEO of FATHOM, said, "GPI's ability to leverage metal AM accelerates both design cycles and time to market and further enhances FATHOM's existing metal additive capabilities and our unique customer value proposition. We are excited to work closely with GPI's customers as a turn-key partner for on-demand manufacturing, providing a broad array of complementary services and an unparalleled customer experience."
Matthew Puglisi, Partner of CORE, said, "DMLS is one of the fastest-growing AM technologies, both at FATHOM and broadly across the industry, and an important strategic focus as we seek to further strengthen FATHOM's position as a leading on-demand manufacturer. GPI is widely respected as one of the original metal AM services providers, and we believe the combination with FATHOM will be highly synergistic."
Adam Galloway, President of GPI, said, "This partnership with FATHOM will further benefit our valued customers through an enhanced suite of manufacturing capabilities accompanied by the same excellent customer service, quality and metallurgical expertise for which we are known."
"This transaction demonstrates Imperial Capital's expertise across various industries and our Industrial Group's knowledge and extensive relationships at all levels of the Advanced Manufacturing sector," said John E. Mack III, Managing Director and Co-Head of Investment Banking at Imperial Capital. The Head of the Industrial Group, Kevin Frisch, added, "This is a strong addition that should greatly enhance and expand FATHOM's leading capabilities."
For more information contact:
GPI Prototype & Manufacturing Services
940 North Shore Dr.
Lake Bluff, IL 60044
262-563-5555
gpi@studiofathom.com
www.gpiprototype.com
FATHOM
1060 Walnut Ridge Dr.
Hartland, WI 53029
262-367-8254
www.studiofathom.com
Imperial Capital, LLC
www.imperialcapital.com