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CORE Industrial Partners's Sale of Prototek to Snow Phipps

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Insight

CORE Industrial Partners's Sale of Prototek to Snow Phipps

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Private Equity

September 30, 2020

Winston & Strawn LLP represented CORE Industrial Partners (“CORE”), a Chicago-based private equity firm, in the sale of Prototek Holdings LLC (“Prototek” or the Company), one of the largest national rapid prototyping service providers, to Snow Phipps, a middle-market private equity firm. Founded in 1987, Prototek manufactures CNC machined and fabricated parts and components across both metal and plastic materials with a specialty in difficult and complex parts. Prototek serves a diverse customer base across a variety of end markets, including aerospace, defense, medical, robotics, electronics, consumer, telecommunications, and general industrial. Based outside of Boston with additional facilities in Milwaukee and Silicon Valley, the Company conforms to a variety of rigorous customer and industry standards and holds certifications and compliance designations including ISO:9001, DFARS, and ITAR.

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