CORE Industrial Partners

CORE Industrial Partners is a private equity firm based in Chicago, Illinois, founded in 2017. The firm focuses on investing in North American lower middle-market businesses in the industrial, manufacturing, industrial technology, and industrial services sectors, with sales up to $200 million. CORE's team consists of experienced former CEOs and investment professionals who leverage their expertise to partner with management teams. By providing capital, insights, and operational support, CORE aims to create unique value, foster revenue growth, and deliver sustainable results. The firm is dedicated to mid-market investments across various sectors, including consumer goods, life sciences, and transportation, reinforcing its commitment to building market-leading businesses.

Ben Benita

Vice President

Logan Bush

Associate

Tzau-Jin Chung

Founding Senior Partner

TJ Chung

Senior Partner

Tyler Cibula

Associate

Jason Fulton

Partner

Rock Lambert

Operating Partner

Stephen Lee

Founding Partner, Portfolio Resources

Bryan Lippert

Associate

Blake Litzinger

Associate

Nick Longtin

Vice President

Carlos Louro

Associate

John May

Founder and Managing Partner

Bob Nardelli

Senior Operating Partner

Mike Noble

Associate

Frank Papa

Founding Senior Partner

Matt Puglisi

Founding Partner

Ronald Rascia

Managing Director

Mason Sandy

Vice President

Matt Wasson

Associate

Sam Zimmerman

Senior Associate

9 past transactions

FATHOM

Post in 2021
FATHOM is an advanced technology driven company with an expertise in 3D printing and additive manufacturing. FATHOM is driven by advanced technologies. They leverage their expertise in 3D printing and additive manufacturing to help customers innovate faster and more efficiently. Their portfolio includes professional 3D printers and manufacturing systems, prototyping and advanced manufacturing services, with design and engineering resources in support of these. FATHOM advanced prototyping services feature RTV / silicone molding / cast urethane, low volume CNC machining, injection molding, and more. They strive to be your preferred partner by providing best-in-class equipment, services, and support.

CGI Automated Manufacturing

Acquisition in 2021
CGI offers comprehensive in-house manufacturing capabilities, including laser cutting, CNC punching, forming, CNC machining, robotic welding, fastener insertion, and assembly.

J&K Ingredients

Acquisition in 2020
J&K Ingredients, Inc. manufactures bakery ingredients for the baking industry throughout the world. The company was founded in 1899 and is based in Paterson, New Jersey.

Newcut

Acquisition in 2020
Newcut is a photo chemical etching manufacturer. The Company specializes in micro, intricate parts and serves customers from prototype through high-volume production.

Incodema

Acquisition in 2020
Incodema Inc. is a precision sheet metal engineering solutions provider based in Ithaca, New York. Founded in 2001, the company specializes in designing and manufacturing a range of sheet metal products and precision machining services. Its offerings include prototype sheet metal stampings, intricate metal forming, laser cutting, photochemical machining, and various advanced manufacturing techniques such as CNC machining and additive manufacturing. Incodema serves diverse sectors, including electronics, aerospace and defense, biomedical devices, consumer products, energy research, and general industrial applications. By focusing on both prototypes and high-volume production parts, Incodema delivers reliable precision and efficiency to its customers at competitive prices.

Arizona Natural Resources

Acquisition in 2020
Arizona Natural Resources, Inc. is a Phoenix-based company founded in 1972 that specializes in contract manufacturing of a wide range of personal care products. The company produces body and bath care items, cosmetics, and hair and skin care products, including bath gels, lotions, shampoos, conditioners, and various skin treatments. In addition to these offerings, Arizona Natural Resources manufactures products for pets, such as coat conditioners and cologne, as well as household items like fabric washes and odor neutralizers. The company serves a diverse clientele, including department stores, health food stores, spas, resorts, and start-up companies, and it also sells its products online. With a focus on custom product formulations, Arizona Natural Resources caters to both large national brands and individual entrepreneurs in the beauty industry.

Felco Motion

Acquisition in 2019
Felco Motion engages in Imagine, design, develop, industrialize and assemble electromechanical solutions portable or transportable innovative, quality and competitive. These solutions are implemented to improve the productivity, the rigidity or the automation of certain repetitive or tedious tasks, thanks to a portable or transportable technology.

Midwest Composite Technologies

Acquisition in 2018
Midwest Composite Technologies, Inc. is an on-demand digital additive manufacturing company based in Hartland, Wisconsin, that integrates 3D printing with traditional manufacturing methods. Founded in 1980, the company specializes in a range of services, including plastic and metal additive manufacturing, model making, injection molding, industrial design, CNC machining, and low-volume production. Catering primarily to Fortune 1000 companies, its customer base spans various industries, including medical, automotive, agricultural, marine, electrical, and recreational sectors. The company is recognized for its innovative spirit and commitment to quality, utilizing advanced manufacturing technologies such as direct metal laser sintering, selective laser sintering, polyjet printing, and fused deposition modeling. As a family-owned business, Midwest Composite Technologies emphasizes close collaboration with clients to swiftly adapt to their diverse needs.

Prototek

Acquisition in 2017
Prototek is a precision manufacturing company with over 25 years of experience, specializing in rapid prototyping and quick-turn production of CNC machined and sheet metal fabricated parts. The company serves a diverse range of end markets, including aerospace, defense, medical, robotics, electronics, consumer, and general industrial sectors. Prototek's expertise lies in delivering complex and cost-effective prototypes and short-run production components that meet the specific needs of its clients. To enhance its operational efficiency and customer service, Prototek has invested in advanced technologies, including multi-axis CNC machines and sophisticated manufacturing software. This commitment enables the company to provide high-quality, timely solutions for immediate production needs, ensuring strong customer relationships and improved on-time delivery performance.
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