CORE Industrial Partners Forms a New 3D Printing Platform
RE3DTECH offers a comprehensive suite of in-house manufacturing services, including 3D printing, finishing, quality and assembly.
January 14, 2022
CORE Industrial Partners LLC, a Chicago-based private equity firm, has formed a new platform with its acquisition of RE3DTECH, a provider of additive manufacturing services with a focus on high-volume production parts.
RE3DTECH offers a suite of in-house manufacturing services, including 3D printing, finishing, quality and assembly. The company specializes in 3D printing using multi-jet fusion technologies and direct metal laser sintering to manufacture production-grade parts across polymer and metal materials. Founded in 2017 and headquartered outside Chicago, the company serves a variety of end markets, including aerospace and defense, consumer, technology, industrial, automotive and medical, among others.
“Our investment in RE3DTECH represents an expansion of our thesis within the additive manufacturing sector to address the growing market for high-volume production needs,” says John May, managing partner of CORE. “We believe CORE’s sector expertise and resources will prove highly impactful in accelerating the Company’s growth, both organically and through complementary acquisitions.”
“RE3DTECH was founded with the mission to provide our customers with customized solutions utilizing the latest, state-of-the-art technologies,” says Jim Teuber, president of RE3DTECH. “Our partnership with CORE will help unlock the resources necessary to continue investing in cutting-edge capabilities and further enhance our customer value proposition.”
“RE3DTECH’s strong growth since inception is the direct result of the Company’s combination of talented employees, breadth of additive manufacturing technologies, design and engineering capabilities, and quick turnaround times to provide a differentiated experience to its customers,” says Matthew Puglisi, partner of CORE. “We look forward to building upon the Company’s solid foundation to further expand its service offering and geographic reach.”
Winston & Strawn LLP provided legal representation to CORE in the transaction.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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