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Announced

CORE-backed Midwest Composite to acquire ICOMold.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Pending

Private Equity

Single Bidder

plastic injection molds

plastic parts

CNC machining

Plastics

Friendly

Acquisition

CNC parts

Majority

Synopsis

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Private equity firm CORE Industrial Partners-backed Midwest Composite Technologies is set to acquire ICOMold, a digital manufacturer with an expertise in injection molding. Financial terms were not disclosed. “On behalf of ICOMold, we’re very excited to join forces with MCT and FATHOM. We look forward to combining with MCT to help drive further growth into the business and expand our service offerings to our customers,” Michael Zhao, ICOMold Founder, and President.

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