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June 22nd, 2022 – CORE INDUSTRIAL PARTNERS PORTFOLIO COMPANY RE3DTECH ACQUIRES GOPROTO
Chicago, IL, June 21, 2022 – 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.
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GoProto offers a broad assortment of additive manufacturing technologies, primarily focusing on multi-jet fusion, fused deposition modeling, selective laser sintering, stereolithography, and polyjet printing. The Company serves a diverse customer base across the medical, electronics, consumer, automotive, aerospace and defense, automation and industrial end markets, among others. GoProto specializes in additive manufacturing services, utilizing numerous in-house technologies to manufacture production-grade parts. Founded in 2016 and headquartered in San Diego, CA, GoProto has been recognized by Inc. Magazine as one of the fastest-growing private companies and holds ISO 9001:2015 and AS9100 certifications as well as an ITAR registration.
Matthew Puglisi, Partner at CORE, said, “The acquisition of GoProto brings a large base of industry-leading customers, deep manufacturing expertise and a talented leadership team. Notably, the Company’s extensive in-house multi-jet fusion offering is uniquely suited to serve the expanding market for higher-volume additive production. We’re excited to leverage CORE’s sector experience as we partner with management and work to expand the platform.”
Jesse Lea, President of GoProto, said, “GoProto was founded with the mission of helping customers turn their ideas into reality by providing end-to-end solutions for all their product development and production needs. We believe the complementary additive manufacturing capabilities of GoProto and RE3DTECH will yield immediate benefits for our customers. In addition, our partnership with CORE will provide the resources necessary to further expand our compelling customer value proposition.”
Winston & Strawn LLP provided legal representation to CORE in the transaction. Stifel acted as exclusive financial advisor to GoProto in connection with this transaction.
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GoProto specializes in quick-turn, on-demand, custom manufacturing. Offering end-to-end solutions for 3D printing / additive manufacturing, CNC machining, sheet metal, cast urethane, injection molding, and finishing. They are a rapid manufacturing company with customer service at their core. They help manufacture parts for product development customers in medical, aerospace, industrial, automotive, and many other industries. They utilize cutting edge technologies, methods, and the very best professionals to deliver 3D printed and conventionally manufactured parts fast, with world-class quality, and at a great value. GoProto’s manufacturing facilities are based in San Diego, California and Melbourne, Australia.
Please visit www.GoProto.com or our LinkedIn page at https://www.linkedin.com/company/goproto-inc.
For questions or more information on this release, please contact Jesse Lea at Jesse.Lea@GoProto.com or 503-313-9553.