Core Industrial Partners LLC has acquired Advanced Laser Machining. AL has consistently been included on The FABRICATORS Fab 40 list as one of the largest metal fabricating operators in the country. Core is a private equity firm with over $700 million of capital commitments.
Matthew Puglisis, a partner of Core, stated, “AL is a highly compelling fit with our recent investment in CGI, providing not just increased scale and capacity, but also complementary manufacturing capabilities and diversification across industry-leading customers and growing end markets. Importantly, AL’s significant investment in automation aligns with both CGI’s strategy and our Industry 4.0 thesis for the platform.”
John Walton, Co-Founder of AL, stated, “Our core values of drive, integrity, growth, respect and innovation have always been, and continue to be, critical to our success at AL, and we’re looking forward to working with the like-minded teams at CGI and Core to build upon this strong foundation.”