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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