Announced
Completed
Financials
Tags
United States
sheet metal fabrication
Machinery: Specialty
powder coatings
Private Equity
Majority
Domestic
Acquisition
Completed
Single Bidder
CNC machining
Disposal
lathework
Private
Friendly
Synopsis
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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