Core Industrial Partners Portfolio Company Re3Dtech Acquires Goproto

Jun 22, 2022•about 3 years ago

Acquiring Company

Re3Dtech

Acquired Company

Goproto

ManufacturingManufacturingSoftware

Description

CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of GoProto (“GoProto” or the “Company”), a provider of custom manufacturing services with a comprehensive suite of both additive and traditional manufacturing technologies. The acquisition combines GoProto with CORE portfolio company RE3DTECH to form an additive manufacturing platform focused on production parts utilizing Industry 4.0 capabilities.

Company Information

Company

Re3Dtech

About

Founded in 2017, RE3DTECH is a leading provider of additive manufacturing services with a focus on high-volume production parts across a variety of end markets, including aerospace and defense, consumer, technology, industrial, automotive and medical, among others. Based outside Chicago, IL, RE3DTECH offers numerous additive manufacturing technologies, including direct metal laser sintering and multi-jet fusion. For more information, visit www.re3dtech.com.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed