Fathom Digital Manufacturing CEO Ryan Martin rang the opening bell at the New York Stock Exchange on Wednesday to celebrate the Hartland-based company’s recently-completed public stock listing.
Martin said in a press release he was thrilled to celebrate the milestone for the company (NYSE: FATH).
“I am extremely proud of our team for their hard work to get us to this point, and very excited for the opportunities ahead,” Martin said.
Fathom Digital began trading on the New York Stock Exchange on Dec. 27, 2021. Fathom Digital stock closed at $9.45 in its first day of trading and at $7.19 on Wednesday.
The transaction that took the company public involved a special-purpose acquisition company (SPAC) — Altimar Acquisition Corp. II of New York City.
Prior to the transaction, Fathom Digital was a portfolio company of Core Industrial Partners, a Chicago private equity firm that remains Fathom Digital’s largest shareholder.
Fathom Digital reported revenue of $152.2 million in 2021 and net income of $13 million.
The company provides prototype and on-demand production components for end markets including medical, aerospace, research and development, consumer and general industrial. Most of Fathom Digital’s work involves prototypes and low-volume manufacturing for large customers including GE, Google, Pfizer, Philips, Procter & Gamble, Tesla, Textron, Amazon and 3M.
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