Core Industrial Partners to acquire GEM Manufacturing.

Core Industrial Partners, a private equity firm, agreed to acquire GEM Manufacturing, a contract manufacturer. Financial terms are not disclosed. “Our acquisition of GEM serves as the latest example of our focus on partnering with founder, family and entrepreneur-owned businesses in proactively identified thematic verticals with attractive investment dynamics. We believe we can leverage our deep precision manufacturing experience to help expedite the Company’s next stage of growth,” John May, Core Industrial Partners Managing Partner.