Monroe Capital LLC announced an increase in the credit facility to FATHOM to support the acquisition of GPI Prototype & Manufacturing Services (GPI). FATHOM is an existing portfolio company of CORE Industrial Partners.
Founded in 2007 as one of the first metal additive manufacturing services providers in the country, GPI uses Direct Metal Laser Sintering (DMLS) to print parts with complex geometries for on-demand manufacturing applications. Utilizing a variety of metal powders, including aluminum, stainless steel, tool steel, titanium, inconel and cobalt chrome, GPI works with Fortune 500 companies across diversified end markets. Previously acquired Midwest Composite Technologies and ICOMold, along with GPI, will all operate under the FATHOM brand. This partnership with FATHOM will further benefit the customer base through an enhanced suite of manufacturing capabilities accompanied by the same excellent customer service, quality and metallurgical expertise.