On January 11, CORE Industrial Partners LLC, a Chicago-based private equity firm, announced the acquisition of RE3DTECH, a leading provider of additive manufacturing services focusing on high-volume production components.
RE3DTECH manufactures a broad range of products in-house, including 3D printing, finishing, quality control, and assembly. The company specializes in 3D printing production-grade items using multi-jet fusion and direct metal laser sintering technologies.
The organization was founded in 2017 and is headquartered just outside of Chicago, Illinois. It services several end sectors, including aerospace and defense, consumer, technology, industrial, automotive, and medical.
“Our investment in RE3DTECH represents an expansion of our thesis within the additive manufacturing sector to address the growing market for high-volume production needs. We believe CORE’s sector expertise and resources will prove highly impactful in accelerating the company’s growth, both organically and through complementary acquisitions.
-John May, the Managing Partner of CORE
Jim Teuber, President of RE3DTECH, said, RE3DTECH was founded with the mission to provide our customers with customized solutions utilizing the latest, state-of-the-art technologies. Our partnership with CORE will help unlock the resources necessary to continue investing in cutting-edge capabilities and further enhance our customer value proposition.
“RE3DTECH’s strong growth since inception is the direct result of the company’s combination of talented employees, breadth of additive manufacturing technologies, design and engineering capabilities, and quick turnaround times to provide a differentiated experience to its customers. We look forward to building upon the company’s solid foundation to further expand its service offering and geographic reach.”
-Matthew Puglisi, Partner of CORE