Origin Merchant Partners is pleased to announce the successful sale of Elite Manufacturing Technologies (“Elite”) to CGI Automated Manufacturing (“CGI”), a portfolio company of CORE Industrial Partners (“CORE”).
Elite combines value-added design engineering services with broad in-house primary fabrication capabilities serving certain highly demanding end markets, including gaming, telecom, and medical. Located in Bloomingdale, Illinois, Elite operates two facilities across 145,000 square feet.
CORE is a private equity firm with more than US$700 million of capital commitments investing in North American lower middle-market manufacturing, industrial technology, and industrial services businesses.
Origin Senior Lead: Nick Newlin