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New Deal


Announced

Completed

Snow Phipps completed the acquisition of Prototek from CORE Industrial Partners.

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

sheet metal fabrication

Machinery: Specialty

powder coatings

Private Equity

Majority

Domestic

Acquisition

Completed

Single Bidder

CNC machining

Disposal

lathework

Private

Friendly

Synopsis

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Snow Phipps, a mid-market private equity firm, completed the acquisition of Prototek, a rapid prototyping service provider, from CORE Industrial Partners, a private equity firm. Financial terms were not disclosed. “On behalf of the Prototek team, I’d like to thank CORE for the unwavering support and tireless efforts working with management to truly transform Prototek. Moving forward, the Prototek team sees considerable opportunity to continue expanding the business and is excited to partner with Snow Phipps in the next phase of our growth,” Bill Gress, Prototek CEO.

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