FATHOM has just acquired leading metal 3D printing services provider GPI Prototype & Manufacturing Services LLC (financing provided by Monroe Capital LLC). Headquartered in Lake Bluff, IL, GPI is a privately owned service bureau focused on providing 3D printing and rapid prototyping for their customers.
Based in Oakland, CA, with a second facility in Seattle, FATHOM was acquired by CORE Industrial Partners just last year; in fact, with CORE’s acquisition of Midwest Composite Technologies (MCT) also in 2018, they have grown into one of the largest digital manufacturing services conglomerates that is privately held in North America. Now, all companies—including Chicago-based private equity firm CORE—will be working under the FATHOM name.
“DMLS is one of the fastest-growing additive manufacturing 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 additive manufacturing services providers, and we believe the combination with FATHOM will be highly synergistic,” said Matthew Puglisi, Partner of CORE.
Offering local direct printing services for critical industrial applications like automotive, aerospace, and electronics, GPI was founded in 2007 by Galloway Plastics, Inc., owned by Scott Galloway and GPI Anatomicals. True pioneers in 3D printing with metal, GPI has been offering metal laser sintering (DMLS) to customers since 2008, known for their ability to fabricate complex structures on-demand, using materials like:
- Stainless steel
- Tool steel
- Cobalt chrome
They also began partnering with 3D Systems back in 2015, collaborating with the 3D printing titan to further their additive manufacturing processes with metal. Currently, GPI works with numerous Fortune 500 companies and possesses ISO 9001, ISO 13485, and AS9100D certifications.
“GPI’s ability to leverage metal additive manufacturing accelerates both design cycles and time to market and further enhances FATHOM’s existing metal additive capabilities and our unique customer value proposition,” commented Ryan Martin, Chief Executive Officer of FATHOM. “We’re excited to work closely with GPI’s customers as a turnkey partner for on-demand manufacturing, providing a broad array of complementary services and an unparalleled customer experience.”
Both FATHOM and GPI expect that the new partnership will offer their customer base more opportunities in manufacturing, along with expanded customer services, and access to their expertise in metallurgical science.
This latest news and business acquisition mark the growing trend in metal 3D printing, especially for on-demand parts. Industrialists around the world continue to become interested in transitioning to such processes or combining them with other traditional materials and techniques too due to benefits like speed in production, greater affordability, fewer materials, energy, and resources required, and more. Find out more at 3DPrint.com about how metal 3D printing is positively affecting industries like aerospace, automotive manufacturing, and medicine.