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CORE Industrial Companions (CORE), a Chicago-based non-public fairness agency targeted on investing in decrease middle-market manufacturing, industrial know-how, and industrial service firms, accomplished the preliminary itemizing on the New York Inventory Change for Fathom Digital Manufacturing Corp. (“Fathom”), an trade chief in on-demand digital manufacturing and 3D printing providers, by means of the completion of a enterprise mixture with Altimar Acquisition Corp. II (“Altimar”), a particular goal acquisition firm. It can commerce underneath the FATH ticker.
“This transaction permits us to proceed to put money into Business 4.0 applied sciences to additional solidify our market-leading place and to raised serve our clients by means of our increasing state-of-the-art capabilities,” stated TJ Chung, Fathom’s Chairman of the Board and Senior Associate of CORE Industrial Companions. “Fathom’s extremely skilled management group has efficiently leveraged CORE’s information and expertise to get us to the place we’re right this moment, and we’re excited on the prospects of what’s to return.”
On account of the transaction, the mixed firm named Fathom Digital Manufacturing Corp. will start buying and selling on the New York Inventory Change as of December 27, 2021, underneath the ticker FATH for Fathom’s Class A Frequent Inventory. CORE will stay the biggest shareholder within the mixed enterprise.
“Fathom’s differentiated platform, targeted on innovation, effectivity, and the best stage of customer support, continues to remodel the manufacturing trade throughout North America,” stated John Could, Founder and Managing Associate of CORE. “As Fathom’s largest shareholder, we look ahead to the corporate persevering with to reap the benefits of the shift to Business 4.0, changing into the true chief in a fragmented manufacturing market.”
“This itemizing on the NYSE catapults Fathom to the forefront of the fast-growing on-demand digital manufacturing sector,” acknowledged Ryan Martin, CEO of Fathom. “CORE Industrial Companions’ experience has been the accelerator of our success, and we’re grateful to have the ability to proceed to offer our clients with the transformational applied sciences and high-level customer support they have to be profitable whereas offering the muse for Fathom to proceed our geographic and product enlargement.”
Headquartered in Hartland, Wisconsin, Fathom delivers a large breadth of superior manufacturing providers together with 3D printing by means of a differentiated technology-agnostic technique targeted on velocity, drawback fixing, adaptive technical responsiveness and manufacturing experience, permitting firms to iterate sooner and shorten their product improvement and manufacturing cycles. Fathom additionally permits clients to each consolidate and localize their provide chains by means of the digitization of producing. This creates an extended runway for progress within the fragmented $25 billion low-to-mid quantity manufacturing market. By persevering with to leverage its confirmed enterprise mannequin, Fathom has secured new enterprise wins with giant revolutionary firms, attaining continued market penetration for its manufacturing applied sciences.
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