Fathom (CORE Portfolio Company) Acquires Summit Tooling & Summit Plastics

February 3, 2021

Fathom, a CORE Industrial Partners portfolio company, has acquired Summit Tooling, Inc. and Summit Plastics, Inc., a McHenry, Illinois-based provider of precision tooling and close-tolerance injection molding specializing in small-to-medium prototype molds. The deal is the fourth add-on to the Fathom platform and expands Fathom’s domestic quick-turn injection molding and tooling capabilities; Monroe Capital provided financing and Winston & Strawn LLP served as legal counsel.

Buyers
Fathom, CORE Industrial Partners
Targets
Summit Tooling, Inc., Summit Plastics, Inc.
Sellers
Dan Martin and Michelle Martin (founders/owners)
Platforms
Fathom
Industry
Manufacturing
Location
Illinois, United States
Transaction Type
Addon

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