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New Deal


Announced

Completed

Snow Phipps-backed Prototek completed the acquisition of Midwest Prototyping.

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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lasers and lasers based systems

Friendly

Completed

Acquisition

Private

Domestic

Majority

Single Bidder

United States

metal additive manufacturing

Electronic Equipment: Other

Private Equity

Synopsis

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Snow Phipps-backed Prototek, a manufacturer of CNC machined and sheet metal fabricated parts and components, completed the acquisition of Midwest Prototyping, a provider of additive manufacturing for prototyping and low-volume production applications. Financial terms were not disclosed. “The Midwest Prototyping team will be a terrific complement to our core capabilities and will support our continued growth. We can now meet all of the prototyping and low volume production needs for our customers through a broad range of cutting-edge manufacturing capabilities and increased size, scale and efficiency, with the same high quality they’ve come to expect. Steve and his team are a great fit for us, and we look forward to working together to provide end-to-end digital manufacturing solutions to our customers around the country," William Gress, Prototek CEO.

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