Announced
Completed
Financials
Tags
Friendly
Private
De-SPAC
Acquisition
technology solutions
Electronic Components and Equipment
3d printing
United States
Merger
Majority
Domestic
Single Bidder
Private Equity
Reverse Takeover
Completed
Synopsis
Fathom Digital Manufacturing, one of the largest on-demand digital manufacturing platforms in North America, went public via a merger with Altimar Acquisition II, a special purpose acquisition company sponsored by an affiliate of HPS Investment Partners, in a $1.5bn deal. "With Industry 4.0 taking off, we believe Fathom is on the cusp of a significant growth opportunity, and we're thrilled to be combining with Altimar as we make our public market debut and move into our next chapter. With our strong business profile and solid balance sheet, we see an opportunity to continue scaling up our capabilities in both on-demand additive and advanced traditional manufacturing. Product lifecycles are so much shorter than they were even five years ago, and companies need an on-demand advanced manufacturing partner who can move quickly and serve all their requirements without sacrificing quality. We believe we are well-positioned to become that manufacturing partner of choice for more clients," Ryan Martin, Fathom CEO.
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