With Increased Aerospace & Defense Focus, CORE Industrial Partners Buys More Manufacturing Firms

Private equity’s march into manufacturing continues with CORE Industrial Partners’ latest acquisitions. CORE purchased Fathom a few years ago, and later bought 3DXTECH LLC, Triton 3D LLC, and Gearbox3D. It also acquired Phoenix Proto Technologies, which was added to the RE3DTECH+GoProto part of its business. CORE’s Fathom subsidiary currently consists of 16 companies. CORE also owns Prototek, PrecisionX Group, and Uptive (which combined a bunch of stuff).

Now, FATHOM is focusing on aerospace and defense. It has purchased three new manufacturing businesses: Rochester, New York-based TCS Industries and TCS Electronics, and Precision Grinding & Manufacturing Corporation (PGM), also in Rochester.

CORE Partner Matthew Puglisi said,

“The aerospace and defense industry is entering a period of