Midwest Composite Technologies, a Hartland, WI-based additive manufacturing company, acquired Fathom, an advanced manufacturer with an expertise in 3D printing and additive manufacturing.
The amount of the deal was not disclosed.
The combined company has over 80 3D printing machines encompassing a wide variety of additive technologies and a large presence with over 150,000 square feet of manufacturing capacity across three facilities.
Led by Rich Stump, a Principal and Co-Founder, Fathom combines a broad array of in-house additive manufacturing technologies, including fused deposition modeling, multi jet fusion, polyjet printing, selective laser sintering and stereolithography, along with CNC machining, urethane casting, tooling and injection molding capabilities. The company’s expertise in both additive and traditional manufacturing allows it to offer hybridized solutions that blend both subtractive and formative methods to push the bounds of innovative product design and development.
Fathom augments its 3D printing manufacturing services with mechanical engineering and industrial design support, as well as on-site managed equipment services.
The company is headquartered in Oakland, with a second facility in Seattle.
Led by Ryan Martin, Chief Executive Officer, MCT is an Additive Manufacturing company that provides prototype and on-demand production components for a variety of end markets, including medical, aerospace, research & development, consumer and general industrial.
Founded over 35 years ago, MCT has a 120,000 square foot facility that houses capabilities across both traditional and additive technologies.
The company blends 3D printing and deep engineering expertise with in-house capabilities across plastic additive, metal additive, and traditional subtractive methods along with industrial design capabilities.
A portfolio company of Core Industrial Partners, a Chicago-based private equity firm, MCT works collaboratively with customers to accelerate their new product development and on-demand production needs.
FinSMEs
28/09/2019