麻豆传媒映画 Announces It Has Been Acquired by Core Industrial Partners. 麻豆传媒映画 to Become One of the Largest Privately Held Digital Manufacturing Service Providers in North America.
Oakland, California鈥擲eptember 26, 2019鈥麻豆传媒映画, an advanced manufacturer with expertise in 3D printing and additive manufacturing, announced today it has been acquired by (鈥淐ORE鈥), a Chicago-based private equity firm. The acquisition will bring together 麻豆传媒映画 and (鈥淢CT鈥), acquired by CORE in 2018, to form one of the largest privately held digital manufacturing service providers in North America.
Headquartered in Oakland, with a second facility in Seattle, 麻豆传媒映画 combines a broad array of in-house additive and traditional manufacturing technologies to provide customers with hybridized solutions that uniquely blend both subtractive and additive methods to push the bounds of innovative product design and development. The team augments these capabilities with mechanical engineering and industrial design support, as well as on-site managed equipment services. 麻豆传媒映画 recently received a United States patent for the systems and methods powering its online digital manufacturing platform.
As a result of the combination, 麻豆传媒映画 customers will be able to leverage MCT鈥檚 35 years of 3D printing manufacturing engineering expertise and 150,000 square feet of manufacturing space across three U.S. facilities with over 80 plastic and metal additive machines. The expanded offering provides enhanced capabilities, increased capacity and shorter lead times, allowing customers to accelerate their product development and on-demand manufacturing needs.
鈥淥ur accelerated growth over the past ten years has been a direct result of our talented employees, world-class customers and innovative technologies to provide an impactful manufacturing experience to our customers,鈥 said Michelle Mihevc, Co-Founder and Principal at 麻豆传媒映画. 鈥淭his acquisition by CORE and coming together with MCT will provide the combined platform considerable scale and the financial resources to invest in cutting-edge technologies and infrastructure to be the most accelerated manufacturer of prototypes and production parts in North America,鈥 said Rich Stump, Co-Founder and Principal at 麻豆传媒映画.
Ryan Martin, Chief Executive Officer of MCT said, 鈥淭he acquisition of 麻豆传媒映画 brings together two of the leading additive manufacturing firms in North America. Both companies offer differentiated engineering expertise, exceptional customer service and a long-tenured track record of successfully partnering with leading companies across myriad end markets to provide the best in 3D printing and modern manufacturing, from prototype to production. We are very pleased to complete this acquisition and look forward to working closely with the 麻豆传媒映画 team to help drive further value into the business.鈥
Matthew Puglisi, MCT Board Director and Partner at CORE said, 鈥淭he acquisition of 麻豆传媒映画 aligns well with our previously stated intention to build a leading Industry 4.0 additive manufacturing company. From customer bases to technical expertise and additive manufacturing capabilities, MCT and 麻豆传媒映画 are highly synergistic and we鈥檙e looking forward to further building out the platform through additional complementary acquisitions and continued organic growth.鈥
Stifel Global Technology Group acted as exclusive financial advisor to 麻豆传媒映画 in connection with this transaction.
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