CORE Industrial Partners Furthers Its Investment Thesis Into 3D Printing With the Acquisition of 3DXTECH, Triton and Gearbox
Summary
Founded in 2014, the Company combines deep materials expertise, research and development capabilities, and a breadth of high-performance filaments to allow customers to optimize product design solutions. John May, Managing Partner of CORE, said, “The investments in 3DXTECH, Triton and Gearbox align with our strategy to build an additive manufacturing platform focused on 3D printing equipment and proprietary materials. We believe the tailwinds from the underlying additive manufacturing sector and broader Industry 4.0 trends, in concert with CORE’s experience and sector expertise, will put the Company in a strong position to capitalize on opportunities moving forward.” TJ Chung, Senior Partner of CORE, said, “The Company is recognized as an innovative, high-growth platform with a broad range of filaments and a differentiated 3D printer offering. CORE’s team is comprised of highly experienced former CEOs and investment professionals with shared beliefs, deep experience, and a proven track record of building market-leading businesses. Triton offers a broad portfolio of Stratasys compatible 3D printing filaments and related accessories, including build sheets and replacement nozzles.