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Tracker · Private equity

CORE Industrial Partners: Defense Investment History

27 defense buys: 7 by the firm and 20 add-ons by companies it backs. It sold 2 businesses in that time.

CORE Industrial Partners and the companies it backs made the most defense buys in 2022: 6

Buys by the firm and add-ons by companies it backs, by year announced.

Bought by the firmAdd-ons by companies it backs
2020 1 + 12
2021 2 + 35
2022 1 + 56
2023 1 + 45
2024 2 + 35
2025 0 + 11
2026 0 + 33

Source: company, investor and government releases and SEC filings.

TGOs tgos.io

Bought by the firm 7

Feb 202416

Fathom Digital Manufacturing Intermediate takes Fathom private

Backed by CORE Industrial Partners

an on-demand digital manufacturing services company, then listed on the NYSE

components and materialsSource
UndisclosedClosed May 21, 2024
Jan 202416

CORE Industrial Partners buys Aviation Concepts

a provider of mission-critical, rotable components to the aftermarket commercial aviation industry

MRO and sustainmentSource
UndisclosedClosed Jan 16, 2024
Feb 202314

CORE Industrial Partners buys GEM Manufacturing

a provider of precision deep drawn metal components and mechanical assemblies; the base of CORE's PrecisionX Group

components and materialsSource
UndisclosedClosed
Jan 202211

CORE Industrial Partners buys RE3DTECH

a provider of additive manufacturing services with a focus on high-volume production parts (now Uptive)

components and materialsSource
UndisclosedClosed
Oct 202126

CORE Industrial Partners buys 3DXTECH, Triton and Gearbox

a provider of additive manufacturing equipment, including 3D printers, materials, and services focusing on high-performance material extrusion technologies

components and materialsSource
UndisclosedClosed Oct 26, 2021
Aug 202112

CORE Industrial Partners buys CGI Automated Manufacturing

a custom precision sheet metal fabrication solutions provider; CORE later relaunched the platform as Cadrex Manufacturing Solutions

components and materialsSource
UndisclosedClosed
Jul 202029

CORE Industrial Partners buys Incodema and Newcut

Incodema, a precision sheet metal engineering solutions provider, and Newcut, a photo chemical etching manufacturer

components and materialsSource
UndisclosedClosed Jul 29, 2020

Add-ons by companies it backs 20

Oct 202613

Fathom Digital Manufacturing buys Precision Grinding & Manufacturing

Backed by CORE Industrial Partners

Rochester, New York precision manufacturer of CNC machined, milled, turned, ground, lapped and honed components for aerospace and defense customers

components and materialsSource
UndisclosedClosed
Oct 202613

Fathom Digital Manufacturing buys TCS Industries and TCS Electronics

Backed by CORE Industrial Partners

Rochester, New York maker of precision CNC machining, sheet metal fabrication, electro-mechanical box builds, PCB assemblies and cable and wire harnesses for aerospace and defense customers

components and materialsC4ISR and electronicsSource
UndisclosedClosed
Jan 202607

AxioAero Group buys Airway Aerospace

Backed by CORE Industrial Partners

an FAA, EASA, and CAA UK-certified repair station providing maintenance, repair and overhaul services

MRO and sustainmentSource
UndisclosedClosed Dec 17, 2025
Jul 202516

PrecisionX Group buys Hudson Technologies

Backed by CORE Industrial Partners

a provider of specialty deep and shallow drawn stamping

components and materialsSource
UndisclosedClosed
Aug 202427

PrecisionX Group buys MSK Precision Products

Backed by CORE Industrial Partners

a provider of precision machining and assembly services with an expertise in Swiss machining

components and materialsSource
UndisclosedClosed
Aug 202422

PrecisionX Group buys Ditron

Backed by CORE Industrial Partners

a provider of micro precision stamping

components and materialsSource
UndisclosedClosed
May 202428

PrecisionX Group buys National Manufacturing

Backed by CORE Industrial Partners

a provider of specialty deep and shallow drawn stamping

components and materialsSource
UndisclosedClosed
Jul 202313

GEM Manufacturing buys Coining Manufacturing and Precision Machine Products

Seller: Founder Bob Taylor · Backed by CORE Industrial Partners

a provider of specialty stamping and machining services

components and materialsSource
UndisclosedClosed Sep 7, 2023
Mar 202316

RE3DTECH + GoProto buys Phoenix Proto Technologies

Backed by CORE Industrial Partners

a provider of on-demand manufacturing services with expertise in rapid tooling and injection molding

components and materialsSource
UndisclosedClosed
Feb 202328

Cadrex Manufacturing Solutions buys D&R Machine

Backed by CORE Industrial Partners

a provider of CNC precision machining solutions for the aerospace & defense market

components and materialsaerostructuresSource
UndisclosedClosed
Jan 202311

RE3DTECH+GoProto buys Stanfordville Machine & Manufacturing

Backed by CORE Industrial Partners

a supplier of precision machined components and assemblies

components and materialsSource
UndisclosedClosed
Sep 202221

Cadrex Manufacturing Solutions buys IDL Precision Machining

Backed by CORE Industrial Partners

an engineering-focused manufacturer of highly complex precision components and assemblies primarily for the aerospace & defense end market

components and materialsC4ISR and electronicsEW and sensorsSource
UndisclosedClosed
Jun 202222

RE3DTECH buys GoProto

Backed by CORE Industrial Partners

a provider of custom manufacturing services with a comprehensive suite of both additive and traditional manufacturing technologies

components and materialsSource
UndisclosedClosed
Mar 202208

CGI Automated Manufacturing buys DFF

Backed by CORE Industrial Partners

a precision manufacturer of precision machined components and electromechanical assembly products

components and materialsSource
UndisclosedClosed
Feb 202217

CGI Automated Manufacturing buys Haven Manufacturing

Backed by CORE Industrial Partners

a full-service contract manufacturer of highly engineered components, with a metrology division

components and materialsSource
UndisclosedClosed
Feb 202202

CGI Automated Manufacturing buys Richlind Metal Fabricators

Backed by CORE Industrial Partners

a provider of precision sheet metal fabrication and machining services

components and materialsaerostructuresSource
UndisclosedClosed
Oct 202121

CGI Automated Manufacturing buys Advanced Laser Machining

Backed by CORE Industrial Partners

a full-service provider of metals-focused contract manufacturing solutions

components and materialsSource
UndisclosedClosed
Apr 202130

Incodema Holdings buys Micropulse West

Backed by CORE Industrial Partners

a manufacturer of complex precision parts for programs across the satellite communications, aerospace and medical end markets

components and materialsspaceSource
UndisclosedClosed
Apr 202130

Incodema Holdings buys Precision Process

Backed by CORE Industrial Partners

a producer of integrated engineering through production services for the medical, semiconductor and packaging end markets

components and materialsSource
UndisclosedClosed
Dec 202023

Incodema Holdings buys Majestic Metals

Backed by CORE Industrial Partners

a provider of precision sheet metal fabrication services

components and materialsSource
UndisclosedClosed

Sold 2

Apr 202601

CORE Industrial Partners sells PrecisionX Group to Windjammer Capital

Buyer: Windjammer Capital

a provider of high precision metal components for critical-use applications in growth-oriented end markets

components and materialsspaceSource
UndisclosedClosed
Sep 202030

CORE Industrial Partners sells Prototek to Snow Phipps

Buyer: Snow Phipps

one of the largest national rapid prototyping service providers, making CNC machined and fabricated parts

components and materialsSource
UndisclosedClosed

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