Altimar Acquisition II today filed a preliminary proxy outlining terms of its proposed merger with Fathom Digital Manufacturing. The deal values the combined company at $1.5 billion.
If approved, upon completion the new company will list on the NYSE under FDMG. Fathom is majority-owned by CORE Industrial Partners, a Chicago-based private equity firm focused exclusively on investing in North American manufacturing, industrial technology and services businesses.
Announced in July, the acquisition will be funded through a combination of Altimar’s cash in trust and an $80 million fully committed common stock PIPE. The SPAC raised $300 million in a February IPO. Read more.
