{"id":192682,"date":"2022-09-26T00:00:00","date_gmt":"2022-09-26T00:00:00","guid":{"rendered":"https:\/\/facfox.com\/news\/quickparts-acquires-xcentric-mold-engineering-am-industry\/"},"modified":"2022-09-26T00:00:00","modified_gmt":"2022-09-26T00:00:00","slug":"quickparts-acquires-xcentric-mold-engineering-am-industry","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/quickparts-acquires-xcentric-mold-engineering-am-industry\/","title":{"rendered":"Quickparts acquires Xcentric Mold & Engineering AM Industry"},"content":{"rendered":"

Quickpart<\/a>s, an on-demand manufacturing services offering custom 3D printing<\/a> and traditional manufacturing capabilities, and a portfolio company of Trilantic North America formed in part<\/a>nership with George Votis, Avi Reichental and Ziad Abou, has acquired Xcentric Mold & Engineering (\u201cXcentric\u201d), an innovator of on-demand digital manufacturing. Terms of the transaction, considered to be highly strategic, were not disclosed.<\/p>\n

\u201cWe are very pleased to welcome the Xcentric team to the Quickpart<\/a>s family,\u201d said Ziad Abou, Chief Executive Officer of Quickpart<\/a>s. \u201cAs a combined company, we will offer an in-house, end-to-end solution from first prototype to short-run production. This acquisition is an important step as we continuously strive to advance Quickpart<\/a>s\u2019 capabilities. With Xcentric, we will be able to offer a complete lifecycle solution that will be executed with even greater speed and certainty.\u201d<\/p>\n

Xcentric\u2019s Shelby, MI, facility. <\/p>\n

Headquart<\/a>ered in Clinton Township, Michigan and founded in 1996, Xcentric provides a wide breadth of quick-turn digital injection molding and CNC solutions, from rapid prototyping to product creation at scale. With nearly 100 full-time employees and 60,000 square feet of manufacturing space, Xcentric will expand Quickpart<\/a>s\u2019 capabilities and expertise to deliver injection molding, CNC machining and other critical services to thousands of customers across the globe.<\/p>\n

This acquisition complements Quickpart<\/a>s\u2019 current manufacturing offerings and will support the company\u2019s continued growth and proficiency via improved U.S.-based, in-house, and quick turnaround production for customers. Xcentric offers both Additive Manufacturing and Injection Molding, which enables the company to recommend the best approach for each phase of a product development project. During the ideation, design, and form\/fit phases, Xcentric can deliver 3D printed concept models. During the validation and bridge production, the company can either 3D Print or injection mold depending on the production process, and finally, for production, part<\/a>s are typically injection molded.<\/p>\n

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This flexibility and technology-agnostic approach sets Xcentric apart<\/a> from competitors. With respect to additive manufacturing capabilities, Xcentric has previously part<\/a>nered with Stratasys Direct Manufacturing, enabling the to expand capabilities to provide even more 3D printing<\/a> technologies, materials, and capacity for customers seeking 3D printing<\/a> solutions.<\/p>\n

\u201cWe are thrilled to combine Xcentric\u2019s leading digital manufacturing capabilities and injection molding expertise with Quickpart<\/a>s\u2019 offerings to continue to bring speed and scale to the market,\u201d said Xcentric CEO Matt McIntosh. \u201cTrusted by industry leaders, Xcentric prides itself on a terrific culture of excellence and customer service, and we believe the Quickpart<\/a>s team is the right part<\/a>ner to support the continued growth of Xcentric\u2019s capabilities.\u201d<\/p>\n

Stifel acted as exclusive financial advisor to Xcentric in connection with this transaction. Kirkland & Ellis LLP acted as legal advisor to Quickpart<\/a>s.<\/p>\n

 <\/p>\n

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* This article is reprinted from 3D Printing Media Network<\/a>. If you are involved in infringement, please contact us to delete it.<\/p>\n

<\/i> Author: VoxelMatters<\/p>\n","protected":false},"excerpt":{"rendered":"

Quickparts, an on-demand manufacturing services offering custom 3D printing and traditional manufacturing capabilities, and a portfolio company of Trilantic North America formed in partnership with George Votis, Avi Reichental and Ziad Abou, has acquired\u00a0Xcentric Mold & Engineering (\u201cXcentric\u201d), an innovator of on-demand digital manufacturing. Terms of the transaction, considered to be highly strategic, were not disclosed.<\/p>\n","protected":false},"author":3,"featured_media":192684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"\/news\/wp-content\/uploads\/2023\/05\/2683820947428888388.jpeg","fifu_image_alt":"","footnotes":""},"categories":[285],"tags":[4052,5041],"class_list":["post-192682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-3d-printing-service-providersacquisitions","tag-mergers-partnershipsam-industrycontract-manufacturersrapid-prototyping"],"yoast_head":"\nQuickparts acquires Xcentric Mold & Engineering AM Industry - FacFox News<\/title>\n<meta name=\"description\" content=\"Quickparts, an on-demand manufacturing services offering custom 3D printing and traditional manufacturing capabilities, and a portfolio company of Trilantic North America formed in partnership with George Votis, Avi Reichental and Ziad Abou, has acquired\u00a0Xcentric Mold & Engineering (\u201cXcentric\u201d), an innovator of on-demand digital manufacturing. 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