/Producer(DC Advisory) This yearly survey is called the Industry Market Barometer. 2022 PitchBook. Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors. >> Operator of an online advertising and digital marketing marketplace designed to connect buyers, engineers, and MRO professionals to industrial manufacturers. /ProcSet[/PDF/Text/ImageB/ImageC] Comment * document.getElementById("comment").setAttribute( "id", "aedf53e000c422b98d01cc068d21205a" );document.getElementById("bec24e5b99").setAttribute( "id", "comment" ); document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Goldman Sachs & Co. LLC acted as the financial advisor and BakerHostetler acted as the legal advisor to Xometry. Get yourFREE print subscriptionto TCT Magazine. 
Sign up for acomplimentary subscription to Digital Commerce 360 B2B News, published 4x/week, covering technology and business trends in the growing B2B ecommerce industry. Xometry, Inc.
An industry leader in on-demand manufacturing, Xometry connects enterprise buyers across industries such as aerospace, consumer products, defense, industrial, automotive, medical, energy, robotics, green-tech and more with sellers of custom-manufactured parts worldwide. Google Partners With SkyWater to Drive Open-Source Chip Design, Products of the Week: Protocol-Packed SOM, Rugged Encoders, Hopeful Sci-Fi Offers Great Summer Reading for Engineers and Other Humans. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Can we have a conversation? Uphoff makes it a point to convey their model is astoundingly complementary to Xometrys. Xometry officials said they expect the acquisition to have an immediate impact on their companys financial outlook. Starting in 2010, ThomasNet began reaching out to its database of manufacturers to get a better understanding of where the community was, where their shortcomings were, and where they saw the landscape going in the future. >> Copyright 2022 Digital Commerce 360 | Vertical Web Media LLC. /Parent 2 0 R We use cookies to make the experience of our website better. /Pattern/DeviceRGB The beginnings of these two companies could not be more different. /Group endobj /ModDate(D:20211209172653+00'00') 
In joining forces with Xometry, were uniting our products with the power of the Xometry marketplace so we can do even more for industry together., Xometry officials said the acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers. Required fields are marked *. Based on anticipated revenue synergies, we expect the pro forma company revenue growth rate to be consistent with Xometrys expected revenue growth on a standalone basis in 2022. /Encoding/Identity-H In 2011, the IMT Machining Journal was launched followed by the IMT Fluid & Gas Flow Journal, the IMT Career Journal, and the IMT Procurement Journal. Media Contacts:Matthew Hutchison for Xometry415-583-2119Matthew.Hutchison@Xometry.com, Investor Contact:Shawn Milne240-335-8132Shawn.Milne@Xometry.com, Accelerates Growth of Xometry's Marketplace, Creates Exceptional Scale of Buyers and Manufacturers, Establishes End-to-End Suite of Seller Services, Including Additional Fintech, Digital Marketing Products, Enhances Margins and Accelerates Path to Profitability. [6] Thomas Regional Regional Industrial Buying Guides[7] provided information in print and on CD-ROM, on local OEMs, distributors, MRO services and other custom manufacturing services in 19 regional editions covering much of the United States. << 2022 Xometry, Inc.. All rights reserved. The acquisition is expected to be immediately accretive to gross margin and Adjusted EBITDA margin. Goldman Sachs & Co. LLC acted as the financial advisor and BakerHostetler acted as the legal advisor to Xometry. Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing services, assets that perfectly complement our digital marketplace. Altschuler adds that Thomas will help Xometry introduce new services, cross-sell to our combined base and expand our suite of products, particularly in fintech and digital marketing.. Together, we will introduce new services, cross-sell to our combined base and expand our suite of products, particularly in fintech and digital marketing., Thomas has a long and proud history of bringing active buyers and sellers together on our Thomasnet.com platform and providing the data and marketing services that inform decision-making, said Tony Uphoff, President and Chief Executive Officer of Thomas. Xometry also expects to leverage Thomas marketing and data services to deliver an unmatched suite of end-to-end services for sellers with additional fintech and digital marketing products. To understand more about how we use cookies, please see our Win whats next. This site requires you to register or login to post a comment. Photo byChristopher BurnsonUnsplash, Your email address will not be published. /Kids[5 0 R 19 0 R] Leveraging AI and machine-learning technology, the Xometry marketplace provides immediate pricing, delivery lead times and quality assurance in a highly fragmented environment, as well as a suite of financial products that enable manufacturers to grow their businesses. In joining forces with Xometry, were uniting our products with the power of the Xometry marketplace so we can do even more for industry together.. In joining forces with Xometry, were uniting our products with the power of the Xometry marketplace so we can do even more for industry together.. Winston & Strawn represented 123-year-old Thomas Publishing Company, a leader in product sourcing, supplier selection, and digital marketing solutions, in connection with its $300,000,000 sale to Xometry, Inc, a global marketplace for on-demand manufacturing. Xometrys rapidly growing digital marketplace provides real-time access to global manufacturing capacity and demand, helping accelerate the digitization of the manufacturing industry. To explore Thomas Publishings full profile, request access. 2022 Endeavor Business Media, LLC. 2 0 obj The acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers. Thomass client base includes such organizations as manufacturers General Electric Co., Johnson & Johnson, Lockheed Martin, and Eaton Corp.; distributor W.W. Grainger Inc.; the National Aeronautics and Space Administration; and the U.S. departments of defense, transportation, and homeland security. /ToUnicode 28 0 R /Resources 17 0 R At the end of Q3 2021, Xometry had 26,187 active buyers, including nearly 30% of the Fortune 500. Xometrys gross profit for that period was $46 million, for a gross margin of 24%; Thomass gross profit was $57 million, for a gross margin of 85%. >> PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. /Filter/DCTDecode << >> /Type/XObject /ca 1 Xometry Acquires Thomas, Accelerating the Manufacturing Industrys Digital Transformation, Accelerates Growth of Xometry's Marketplace, Creates Exceptional Scale of Buyers and Manufacturers, Establishes End-to-End Suite of Seller Services, Including Additional Fintech, Digital Marketing Products, Enhances Margins and Accelerates Path to Profitability. In smart light, Nexperia PMEGxxxTx Trench Schottky Rectifiers, Nexperia has extended its portfolio of trench Schottky rectifiers with devices rated at up to 100 V and 20 A. Investor Presentation & Conference CallXometry has published a presentation to its investor relations website athttps://investors.xometry.com. endobj Adventures of Ohm: Hydrogen Production and Storage - Solved! Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors. /S/Transparency << /SM 0.02 It also expects Thomas marketing and data services to deliver an unmatched suite of end-to-end services for sellers with additional fintech and digital marketing products., Xometry and Thomas share a common mission of championing the digital transformation of the manufacturing industry, one of the largest sectors of the global economy and the foundation for innovation everywhere, commented Randy Altschuler, CEO of Xometry. /Type/Pages This article appeared in Machine Design and has been published here with permission. In July of this year, Altschuler reached out again to Uphoff stating, We went public. Media Contacts:Matthew Hutchison for Xometry415-583-2119Matthew.Hutchison@Xometry.com, Investor Contact:Shawn Milne240-335-8132Shawn.Milne@Xometry.com. December 08, 2021 07:30 ET
/Length 3862 Download our 2022 Pro Bono Racial Justice & Equity CEASE Report, International Trade, CFIUS, Customs, Export Controls & Sanctions, Special Purpose Acquisition Companies (SPACs), Environmental, Social, and Governance (ESG), International Trade Commission Section 337 Litigation, Labor, Employment, Employee Benefits & Executive Compensation, California Employment Counseling & Litigation, Discrimination, Harassment, Retaliation & Wrongful Termination Litigation, Employment Law Advice, Counseling & Training, Unfair Competition, Restrictive Covenants & Trade Secrets, Executive Compensation Plans & Agreements, Asia Compliance, White Collar & Investigations, Bankruptcy & Distressed Company Litigation, Government Program Fraud, False Claims Act, and Qui Tam Litigation, White Collar, Regulatory Defense & Investigations, Oil & Gas - Oilfield Services & Equipment, Energy & Infrastructure - Other Infrastructure, Health Care Employee Benefits & Executive Compensation, Technology, New Media & Telecommunications, Aviation Structured Finance & Securitization, Environmental & Energy Compliance & Counseling, International Trade, Customs & Export Controls, Nicholas Rodriguez Teaches M&A Transactional Skills Course at the University of Miami School of Law, Winston Attorneys Speak at TexasBarCLEs 21st Annual Course - Advanced In-house Counsel, MaritimeTax Credit Proposal Announced to Incentivize U.S. Construction of Offshore Wind Vessels, Lessons From the International Cartel Workshop, Tax Reform in July: Key provisions of the newly announced Inflation Reduction Act of 2022, Deal on Senate Reconciliation Bill Announced, Major Tax Provisions Within, New Policy Impacts Patent Case Assignments Filed in Waco, Another Step Towards Increased Antitrust Enforcement in Labor Markets, RussiaUkraine Conflict Increases Regulatory Risks for Sanctions Evasion Through Crypto-Based Transactions, Charlie Papavizas Moderates Ocean Shipping Reform Act Webinar for Capital Link Shipping. /Contents[16 0 R 37 0 R 51 0 R] The new parts feature excellent switchi, Women in Engineering Inspiring Creative Growth in Our Field, Over the last few years, the number of women in the technology or engineering profession has risen. Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors.. For the 12 months ended Sept. 30, 2021, Xometry reported revenue of $189 million and Thomas $67 million, for a combined total of $256 million, Xometry noted. The last print edition was published in 2006 and since then they have been lock, stock, and barrel, 100% an internet company. Now in 2021, according to the press release, the Thomasnet.com platform has more than 1.3 million registered users (including 93 percent of Fortune 1000 companies) and more than 500,000 commercial and industrial sellers, including 45,000 diversity certified sellers. According to the companies press release, the acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers. Transaction DetailsUnder the terms of the deal, Xometry is acquiring Thomas on a cash-free, debt-free basis for $300 million subject to customary adjustments approximately $198.5 million in cash and $101.5 million in Xometrys Class A common stock. w !1AQaq"2B #3Rbr No comments have been added yet. The cash and stock transaction, valued at $300 million, is expected to close this week. The acquisition is expected to be immediately accretive to gross margin and Adjusted EBITDA margin. Xometry and Thomas share a common mission of championing the digital transformation of the manufacturing industry, one of the largest sectors of the global economy and the foundation for innovation everywhere, says Randy Altschuler, CEO of Xometry. /CA 1 Xometry and Thomas share a common mission of championing the digital transformation of the manufacturing industry, one of the largest sectors of the global economy and the foundation for innovation everywhere, said Randy Altschuler, CEO of Xometry, in a press release. [ << PBV Monitor Srl, P.IVA. Xometry, in a June 2021 SEC filing, states they compete for buyers with a wide variety of manufacturers that include captive in-house product lines, on-demand parts manufacturers, and other marketplaces for manufacturing services and their competitors include vertically integrated service bureaus, the service bureau divisions of the additive OEM companies such as Stratasys and 3D Systems and independent machine shops and 3D printing service bureaus. Thomasnet has been competing in an environment that not only includes longtime supplier discovery directory providers, such as Kompass and MFG, but is currently facing fiercer competition from the double whammy of B2B vertical marketplaces coming on the scene and the slew of ProcureTech startups, many focusing on sourcing, that are entering the space. DC Advisory US acted as the financial advisor and Winston & Strawn LLP as the legal advisor to Thomas. endobj } !1AQa"q2#BR$3br /Subtype/Type0 Xometry started out from the beginning as an AI-enabled marketplace for on-demand manufacturing. $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ? By using our website, your consent The number of women enrolled in post-secondary en, The Future of Automotive Wheel Sensing with GMR, Download PDF Version. (Q3 revenue surged 77% when excluding sales of COVID-19 masks by a single customer in both periods.). /SA true jgT_wj(n#T*1EUb(GQ"gGP>nL~SIOVm)PVM;F; Fj&. The Thomas Regional Directory Company began as a division of Thomas Publishing in 1976. About XometryXometry is a leading digital marketplace for on-demand manufacturing, transforming one of the largest industries in the world. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut, elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
03685040127, Artemis Gold Inc.s Master Lease Agreement with Caterpillar Financial, AES Tiet Energias $8.1 Million Acquisition of Cordilheira dos Ventos, Finca Re Ltd.s $75 Million Multi-Peril Cat Bond, Pennsula Capitals Acquisition of Majority Stake in Wm Clinics, Eurazeo Mid Caps Closing of Eurazeo PME IV, Tasaheel Microfinances Securitization Transaction, Disty Technologies Initial Public Offering, Diagnostic Robotics Series B Fundraising, Providence Equity Partners Acquisition of Airties, Apax Partners LLPs Acquisition of Majority Stake in Pickles Auctions Pty Limited, BAI Capitals $700 Million Closing of BAI Capital Fund, Norton Rose Fulbright expands innovation and tech capabilities in Germany, Norton Rose Fulbright appoints Yianni Cheilas as head of Greece, Womble Bond Dickinson Enters San Francisco Legal Market, Combines with Cooper, White & Cooper, From SMP to YPOG: Business law firm with new name and expanded partner base, Federico Michele Sorrentino is the new Avocoms Equity Partner, Joseph Suh Joins Reed Smith Global Corporate Group in New York, Former FDA Regulator Joins McDermotts Healthcare Practice, CQS/FV Advogados adds Andr Megale as its new partner. /ToUnicode 32 0 R Follow us onLinkedInand be the first to know when new Digital Commerce 360 B2B News content is published. << It was once known as the "big green books" and "Thomas Registry", and was a multi-volume directory of industrial product information covering distributors, manufacturers and service companies[2] within thousands[3] of industrial categories that is now published on ThomasNet. Goldman Sachs & Co. LLC acted as the financial advisor and BakerHostetler the legal advisor to Xometry. /DescendantFonts[31 0 R] /Subtype/Image /Title(DC Advisory advised Thomas Publishing Company on its sale to Xometry) 1 0 obj /Type/Font Director of Attorney Recruiting & Development Lisa McLafferty discusses the firms culture. Thomass industrial capabilities cover such areas as tube fabrication, metal stampings and rubber moldings, which complement Xometrys capabilities in injection molding, 3D printing and die casting for a combined total addressable market of $2.4 trillion, the two companies said in a presentation when they announced the acquisition on Dec. 8. Going forward, Xometry figures the combined gross margin will run 40-45%. Xometry, Inc. ROCKVILLE, Md., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Xometry (NASDAQ: XMTR), the global marketplace for on-demand manufacturing, today announced the acquisition of Thomas (Thomasnet.com), a leader in product sourcing, supplier selection and digital marketing solutions. This information is available in the PitchBook Platform. Please note that Winston requires that all attendees at events hosted or sponsored by Winston & Strawn need to be fully vaccinated against COVID-19 and to comply with local health and safety guidelines. 4 0 obj Heres hoping this acquisition turns out to be healthy and prosperous for both Thomas and Xometry. A Service-Oriented Architecture for the Automotive Industry, Stellars Short-Lived Run in 3D Graphics Processors, Murata IRA IRA-S210ST01 Pyroelectric Infrared Sensor, The Murata IRA-S210ST01 is a leaded pyroelectric infrared sensor which provides a good signal-to-noise ratio and reliable performance.. % to the use of cookies is deemed to be given. Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing services assets that perfectly complement our digital marketplace. The company's platform offers information on industrial suppliers and buyers from the electrical, power generation, materials handling, engineering, hardware, plastics, and chemical industries, enabling industrial clients to save time on sourcing and attract, convert, and retain customers. DC Advisory US acted as the financial advisor and Winston & Strawn LLP as the legal advisor to Thomas. Ecommerce Effect: Russia-Ukraine Conflict, [June] Fulfillment-Model Changes for Buyers and Sellers, [June] 2022 Omnichannel Innovation Report, Growing Market Share with Collaborative Commerce, EnvisionB2B I a Digital Commerce 360 Event, Jul 28 I How Manufacturers Unlock New Revenue with Digital Commerce, Aug 2 I Don't Let Technology Hold You Back, Aug 9 I 5 Critical Website Fixes Retailers Need to Make Before Black Friday, Aug 16 I Best Practices For Delivering A Great Streaming eCommerce Experience, Aug 18 I How to make shopping easy for good customers while blocking fraudsters, Xometry eyes a $2 trillion market with purchase of Thomas, complimentary subscription to Digital Commerce 360 B2B News. In November, Xometry acquired the assets of digital technology companies FactoryFour and Big Blue Saw to expand its services to manufacturers. ThomasNet is an information and technology company based in New York City. The acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers. According to Ronn Levine, SIIAs editorial director, Thomas CEO Tony Uphoff and Xometry CEO Randy Altschuler initially met in 2017, where some talk about a partnership was bantered about. [5]. It has been one of the best stories of old-school print publishers successfully transitioning content to online media.
/Type/ExtGState JFIF ` ` C C << Xometry also expects to leverage Thomas marketing and data services to deliver an unmatched suite of end-to-end services for sellers with additional fintech and digital marketing products. %PDF-1.4 It uses proprietary technology to create a marketplace that enables buyers, ranging from self-funded startups to Fortune 100 companies, to efficiently source on-demand manufactured parts and assemblies. >> Get the full list, To view Thomas Publishings complete investments and acquisitions history, request access, To view Thomas Publishings complete exits history, request access, Device and system for searching, displaying and operating websites and other electronic content, Marketing method and system using domain knowledge. Together, we will introduce new services, cross-sell to our combined base and expand our suite of products, particularly in fintech and digital marketing., Thomas has a long and proud history of bringing active buyers and sellers together on our Thomasnet.com platform and providing the data and marketing services that inform decision-making, added Tony Uphoff, President and CEO of Thomas. Xometry believes the acquisition which is valued at $300m and expected to close this week will rapidly expand its buyer and seller base and help to enhance its global digital marketplace for manufacturers. https://www.facebook.com/ElectronicDesign. Xometry uses its proprietary technology to create a marketplace that enables buyers to efficiently source on-demand manufactured parts and assemblies, and empowers sellers of manufacturing services to grow their businesses. It used independent representatives to sell advertising space around its listings in print products like the Thomas Register and the Thomas Industrial Regional Directories, and these representatives continue to sell Internet related products to manufacturers, distributors, and other companies. Looking forward Thomas will remain its own brand, Thomasnet.com. /Count 2 In their heyday, Thomas Register of American Manufacturers was a 34-volume, 3 section buying guide offering sourcing information on industrial products and services, along with comprehensive specifications and detailed product information from thousands of manufacturers. endobj 8 0 obj %&'()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz At the end of Q3 2021, Xometry had 26,187 active buyers, including nearly 30% of the Fortune 500. Business is booming. Xometry has announced the acquisition of Thomas, a leading product sourcing, supplier selection and digital marketing company. Thomas brings deep relationships with highly qualified enterprise buyers and engineers. Based on anticipated revenue synergies, we expect the pro forma company revenue growth rate to be consistent with Xometrys expected revenue growth on a standalone basis in 2022. DC Advisory US was the financial advisor and Winston & Strawn LLP the legal advisor to Thomas. Thomas brings deep relationships with highly qualified enterprise buyers and engineers. About XometryXometry is a leading digital marketplace for on-demand manufacturing, transforming one of the largest industries in the world. ThomasNet News was introduced with the mission of delivering timely, new industrial product information covering the whole range of products It manually reviews press releases submitted through the website and publishes with a small description in one of 51 different categories. Transaction DetailsUnder the terms of the deal, Xometry is acquiring Thomas on a cash-free, debt-free basis for $300 million subject to customary adjustments approximately $198.5 million in cash and $101.5 million in Xometrys Class A common stock. Rapid News Publications Ltd. A Rapid News Group Company. /Annots 18 0 R /Type/Font Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing servicesassets that perfectly complement our digital marketplace. /Author(DC Advisory) The books were first published in 1898[4] by Harvey Mark Thomas as Hardware and Kindred Trades. Thank you for your understanding and compliance. | Source: Now, Xometrywhich raised more than $300 million in an initial public offering of stock in Julyis ready for mammoth growth by acquiring for $300 million the B2B marketplace company Thomas, which operates Thomasnet.com with more than 1.3 million registered users. Xometry, which connects traditional machine shops and 3D parts printing in a global online marketplace, has acquired Thomas, a product sourcing, marketing and ecommerce platform built around its Thomasnet.com brand for $300 million.
Supply Market Research Trends for Procurement and Supply Chain: 2021 Update, Shipping and Logistics Intelligence Offerings in the News, Sourcemaps Forced Labor Due Diligence Solution Addresses Standards Mandated by the Uyghur Forced Labor Prevention Act, Latest Container Port Performance Index Assesses Gaps and Opportunities, DPW DEMO 2022 Semi-Finalists Are Utilizing Exciting Ways of Integrating Supplier and Market Data Into Procurement Process Workflows, OSINT for Procurement and Supply Chain: No Hype, Just Promise, Sourcemap's Forced Labor Due Diligence Solution Addresses Standards Mandated by the Uyghur Forced Labor Prevention Act. Xometry also expects to leverage Thomas marketing and data services to deliver an unmatched suite of end-to-end services for sellers with additional fintech and digital marketing products.. Hiring Committee Co-Chair Bill ONeil discusses what sets Winston apart from its competitors.
Sign up for acomplimentary subscription to Digital Commerce 360 B2B News, published 4x/week, covering technology and business trends in the growing B2B ecommerce industry. Xometry, Inc.
An industry leader in on-demand manufacturing, Xometry connects enterprise buyers across industries such as aerospace, consumer products, defense, industrial, automotive, medical, energy, robotics, green-tech and more with sellers of custom-manufactured parts worldwide. Google Partners With SkyWater to Drive Open-Source Chip Design, Products of the Week: Protocol-Packed SOM, Rugged Encoders, Hopeful Sci-Fi Offers Great Summer Reading for Engineers and Other Humans. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Can we have a conversation? Uphoff makes it a point to convey their model is astoundingly complementary to Xometrys. Xometry officials said they expect the acquisition to have an immediate impact on their companys financial outlook. Starting in 2010, ThomasNet began reaching out to its database of manufacturers to get a better understanding of where the community was, where their shortcomings were, and where they saw the landscape going in the future. >> Copyright 2022 Digital Commerce 360 | Vertical Web Media LLC. /Parent 2 0 R We use cookies to make the experience of our website better. /Pattern/DeviceRGB The beginnings of these two companies could not be more different. /Group endobj /ModDate(D:20211209172653+00'00') In joining forces with Xometry, were uniting our products with the power of the Xometry marketplace so we can do even more for industry together., Xometry officials said the acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers. Required fields are marked *. Based on anticipated revenue synergies, we expect the pro forma company revenue growth rate to be consistent with Xometrys expected revenue growth on a standalone basis in 2022. /Encoding/Identity-H In 2011, the IMT Machining Journal was launched followed by the IMT Fluid & Gas Flow Journal, the IMT Career Journal, and the IMT Procurement Journal. Media Contacts:Matthew Hutchison for Xometry415-583-2119Matthew.Hutchison@Xometry.com, Investor Contact:Shawn Milne240-335-8132Shawn.Milne@Xometry.com, Accelerates Growth of Xometry's Marketplace, Creates Exceptional Scale of Buyers and Manufacturers, Establishes End-to-End Suite of Seller Services, Including Additional Fintech, Digital Marketing Products, Enhances Margins and Accelerates Path to Profitability. [6] Thomas Regional Regional Industrial Buying Guides[7] provided information in print and on CD-ROM, on local OEMs, distributors, MRO services and other custom manufacturing services in 19 regional editions covering much of the United States. << 2022 Xometry, Inc.. All rights reserved. The acquisition is expected to be immediately accretive to gross margin and Adjusted EBITDA margin. Goldman Sachs & Co. LLC acted as the financial advisor and BakerHostetler acted as the legal advisor to Xometry. Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing services, assets that perfectly complement our digital marketplace. Altschuler adds that Thomas will help Xometry introduce new services, cross-sell to our combined base and expand our suite of products, particularly in fintech and digital marketing.. Together, we will introduce new services, cross-sell to our combined base and expand our suite of products, particularly in fintech and digital marketing., Thomas has a long and proud history of bringing active buyers and sellers together on our Thomasnet.com platform and providing the data and marketing services that inform decision-making, said Tony Uphoff, President and Chief Executive Officer of Thomas. Xometry also expects to leverage Thomas marketing and data services to deliver an unmatched suite of end-to-end services for sellers with additional fintech and digital marketing products. To understand more about how we use cookies, please see our Win whats next. This site requires you to register or login to post a comment. Photo byChristopher BurnsonUnsplash, Your email address will not be published. /Kids[5 0 R 19 0 R] Leveraging AI and machine-learning technology, the Xometry marketplace provides immediate pricing, delivery lead times and quality assurance in a highly fragmented environment, as well as a suite of financial products that enable manufacturers to grow their businesses. In joining forces with Xometry, were uniting our products with the power of the Xometry marketplace so we can do even more for industry together.. In joining forces with Xometry, were uniting our products with the power of the Xometry marketplace so we can do even more for industry together.. Winston & Strawn represented 123-year-old Thomas Publishing Company, a leader in product sourcing, supplier selection, and digital marketing solutions, in connection with its $300,000,000 sale to Xometry, Inc, a global marketplace for on-demand manufacturing. Xometrys rapidly growing digital marketplace provides real-time access to global manufacturing capacity and demand, helping accelerate the digitization of the manufacturing industry. To explore Thomas Publishings full profile, request access. 2022 Endeavor Business Media, LLC. 2 0 obj The acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers. Thomass client base includes such organizations as manufacturers General Electric Co., Johnson & Johnson, Lockheed Martin, and Eaton Corp.; distributor W.W. Grainger Inc.; the National Aeronautics and Space Administration; and the U.S. departments of defense, transportation, and homeland security. /ToUnicode 28 0 R /Resources 17 0 R At the end of Q3 2021, Xometry had 26,187 active buyers, including nearly 30% of the Fortune 500. Xometrys gross profit for that period was $46 million, for a gross margin of 24%; Thomass gross profit was $57 million, for a gross margin of 85%. >> PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. /Filter/DCTDecode << >> /Type/XObject /ca 1 Xometry Acquires Thomas, Accelerating the Manufacturing Industrys Digital Transformation, Accelerates Growth of Xometry's Marketplace, Creates Exceptional Scale of Buyers and Manufacturers, Establishes End-to-End Suite of Seller Services, Including Additional Fintech, Digital Marketing Products, Enhances Margins and Accelerates Path to Profitability. In smart light, Nexperia PMEGxxxTx Trench Schottky Rectifiers, Nexperia has extended its portfolio of trench Schottky rectifiers with devices rated at up to 100 V and 20 A. Investor Presentation & Conference CallXometry has published a presentation to its investor relations website athttps://investors.xometry.com. endobj Adventures of Ohm: Hydrogen Production and Storage - Solved! Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors. /S/Transparency << /SM 0.02 It also expects Thomas marketing and data services to deliver an unmatched suite of end-to-end services for sellers with additional fintech and digital marketing products., Xometry and Thomas share a common mission of championing the digital transformation of the manufacturing industry, one of the largest sectors of the global economy and the foundation for innovation everywhere, commented Randy Altschuler, CEO of Xometry. /Type/Pages This article appeared in Machine Design and has been published here with permission. In July of this year, Altschuler reached out again to Uphoff stating, We went public. Media Contacts:Matthew Hutchison for Xometry415-583-2119Matthew.Hutchison@Xometry.com, Investor Contact:Shawn Milne240-335-8132Shawn.Milne@Xometry.com. December 08, 2021 07:30 ET
/Length 3862 Download our 2022 Pro Bono Racial Justice & Equity CEASE Report, International Trade, CFIUS, Customs, Export Controls & Sanctions, Special Purpose Acquisition Companies (SPACs), Environmental, Social, and Governance (ESG), International Trade Commission Section 337 Litigation, Labor, Employment, Employee Benefits & Executive Compensation, California Employment Counseling & Litigation, Discrimination, Harassment, Retaliation & Wrongful Termination Litigation, Employment Law Advice, Counseling & Training, Unfair Competition, Restrictive Covenants & Trade Secrets, Executive Compensation Plans & Agreements, Asia Compliance, White Collar & Investigations, Bankruptcy & Distressed Company Litigation, Government Program Fraud, False Claims Act, and Qui Tam Litigation, White Collar, Regulatory Defense & Investigations, Oil & Gas - Oilfield Services & Equipment, Energy & Infrastructure - Other Infrastructure, Health Care Employee Benefits & Executive Compensation, Technology, New Media & Telecommunications, Aviation Structured Finance & Securitization, Environmental & Energy Compliance & Counseling, International Trade, Customs & Export Controls, Nicholas Rodriguez Teaches M&A Transactional Skills Course at the University of Miami School of Law, Winston Attorneys Speak at TexasBarCLEs 21st Annual Course - Advanced In-house Counsel, MaritimeTax Credit Proposal Announced to Incentivize U.S. Construction of Offshore Wind Vessels, Lessons From the International Cartel Workshop, Tax Reform in July: Key provisions of the newly announced Inflation Reduction Act of 2022, Deal on Senate Reconciliation Bill Announced, Major Tax Provisions Within, New Policy Impacts Patent Case Assignments Filed in Waco, Another Step Towards Increased Antitrust Enforcement in Labor Markets, RussiaUkraine Conflict Increases Regulatory Risks for Sanctions Evasion Through Crypto-Based Transactions, Charlie Papavizas Moderates Ocean Shipping Reform Act Webinar for Capital Link Shipping. /Contents[16 0 R 37 0 R 51 0 R] The new parts feature excellent switchi, Women in Engineering Inspiring Creative Growth in Our Field, Over the last few years, the number of women in the technology or engineering profession has risen. Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors.. For the 12 months ended Sept. 30, 2021, Xometry reported revenue of $189 million and Thomas $67 million, for a combined total of $256 million, Xometry noted. The last print edition was published in 2006 and since then they have been lock, stock, and barrel, 100% an internet company. Now in 2021, according to the press release, the Thomasnet.com platform has more than 1.3 million registered users (including 93 percent of Fortune 1000 companies) and more than 500,000 commercial and industrial sellers, including 45,000 diversity certified sellers. According to the companies press release, the acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers. Transaction DetailsUnder the terms of the deal, Xometry is acquiring Thomas on a cash-free, debt-free basis for $300 million subject to customary adjustments approximately $198.5 million in cash and $101.5 million in Xometrys Class A common stock. w !1AQaq"2B #3Rbr No comments have been added yet. The cash and stock transaction, valued at $300 million, is expected to close this week. The acquisition is expected to be immediately accretive to gross margin and Adjusted EBITDA margin. Xometry and Thomas share a common mission of championing the digital transformation of the manufacturing industry, one of the largest sectors of the global economy and the foundation for innovation everywhere, says Randy Altschuler, CEO of Xometry. /CA 1 Xometry and Thomas share a common mission of championing the digital transformation of the manufacturing industry, one of the largest sectors of the global economy and the foundation for innovation everywhere, said Randy Altschuler, CEO of Xometry, in a press release. [ << PBV Monitor Srl, P.IVA. Xometry, in a June 2021 SEC filing, states they compete for buyers with a wide variety of manufacturers that include captive in-house product lines, on-demand parts manufacturers, and other marketplaces for manufacturing services and their competitors include vertically integrated service bureaus, the service bureau divisions of the additive OEM companies such as Stratasys and 3D Systems and independent machine shops and 3D printing service bureaus. Thomasnet has been competing in an environment that not only includes longtime supplier discovery directory providers, such as Kompass and MFG, but is currently facing fiercer competition from the double whammy of B2B vertical marketplaces coming on the scene and the slew of ProcureTech startups, many focusing on sourcing, that are entering the space. DC Advisory US acted as the financial advisor and Winston & Strawn LLP as the legal advisor to Thomas. endobj } !1AQa"q2#BR$3br /Subtype/Type0 Xometry started out from the beginning as an AI-enabled marketplace for on-demand manufacturing. $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ? By using our website, your consent The number of women enrolled in post-secondary en, The Future of Automotive Wheel Sensing with GMR, Download PDF Version. (Q3 revenue surged 77% when excluding sales of COVID-19 masks by a single customer in both periods.). /SA true jgT_wj(n#T*1EUb(GQ"gGP>nL~SIOVm)PVM;F; Fj&. The Thomas Regional Directory Company began as a division of Thomas Publishing in 1976. About XometryXometry is a leading digital marketplace for on-demand manufacturing, transforming one of the largest industries in the world. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut, elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
03685040127, Artemis Gold Inc.s Master Lease Agreement with Caterpillar Financial, AES Tiet Energias $8.1 Million Acquisition of Cordilheira dos Ventos, Finca Re Ltd.s $75 Million Multi-Peril Cat Bond, Pennsula Capitals Acquisition of Majority Stake in Wm Clinics, Eurazeo Mid Caps Closing of Eurazeo PME IV, Tasaheel Microfinances Securitization Transaction, Disty Technologies Initial Public Offering, Diagnostic Robotics Series B Fundraising, Providence Equity Partners Acquisition of Airties, Apax Partners LLPs Acquisition of Majority Stake in Pickles Auctions Pty Limited, BAI Capitals $700 Million Closing of BAI Capital Fund, Norton Rose Fulbright expands innovation and tech capabilities in Germany, Norton Rose Fulbright appoints Yianni Cheilas as head of Greece, Womble Bond Dickinson Enters San Francisco Legal Market, Combines with Cooper, White & Cooper, From SMP to YPOG: Business law firm with new name and expanded partner base, Federico Michele Sorrentino is the new Avocoms Equity Partner, Joseph Suh Joins Reed Smith Global Corporate Group in New York, Former FDA Regulator Joins McDermotts Healthcare Practice, CQS/FV Advogados adds Andr Megale as its new partner. /ToUnicode 32 0 R Follow us onLinkedInand be the first to know when new Digital Commerce 360 B2B News content is published. << It was once known as the "big green books" and "Thomas Registry", and was a multi-volume directory of industrial product information covering distributors, manufacturers and service companies[2] within thousands[3] of industrial categories that is now published on ThomasNet. Goldman Sachs & Co. LLC acted as the financial advisor and BakerHostetler the legal advisor to Xometry. /DescendantFonts[31 0 R] /Subtype/Image /Title(DC Advisory advised Thomas Publishing Company on its sale to Xometry) 1 0 obj /Type/Font Director of Attorney Recruiting & Development Lisa McLafferty discusses the firms culture. Thomass industrial capabilities cover such areas as tube fabrication, metal stampings and rubber moldings, which complement Xometrys capabilities in injection molding, 3D printing and die casting for a combined total addressable market of $2.4 trillion, the two companies said in a presentation when they announced the acquisition on Dec. 8. Going forward, Xometry figures the combined gross margin will run 40-45%. Xometry, Inc. ROCKVILLE, Md., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Xometry (NASDAQ: XMTR), the global marketplace for on-demand manufacturing, today announced the acquisition of Thomas (Thomasnet.com), a leader in product sourcing, supplier selection and digital marketing solutions. This information is available in the PitchBook Platform. Please note that Winston requires that all attendees at events hosted or sponsored by Winston & Strawn need to be fully vaccinated against COVID-19 and to comply with local health and safety guidelines. 4 0 obj Heres hoping this acquisition turns out to be healthy and prosperous for both Thomas and Xometry. A Service-Oriented Architecture for the Automotive Industry, Stellars Short-Lived Run in 3D Graphics Processors, Murata IRA IRA-S210ST01 Pyroelectric Infrared Sensor, The Murata IRA-S210ST01 is a leaded pyroelectric infrared sensor which provides a good signal-to-noise ratio and reliable performance.. % to the use of cookies is deemed to be given. Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing services assets that perfectly complement our digital marketplace. The company's platform offers information on industrial suppliers and buyers from the electrical, power generation, materials handling, engineering, hardware, plastics, and chemical industries, enabling industrial clients to save time on sourcing and attract, convert, and retain customers. DC Advisory US acted as the financial advisor and Winston & Strawn LLP as the legal advisor to Thomas. Ecommerce Effect: Russia-Ukraine Conflict, [June] Fulfillment-Model Changes for Buyers and Sellers, [June] 2022 Omnichannel Innovation Report, Growing Market Share with Collaborative Commerce, EnvisionB2B I a Digital Commerce 360 Event, Jul 28 I How Manufacturers Unlock New Revenue with Digital Commerce, Aug 2 I Don't Let Technology Hold You Back, Aug 9 I 5 Critical Website Fixes Retailers Need to Make Before Black Friday, Aug 16 I Best Practices For Delivering A Great Streaming eCommerce Experience, Aug 18 I How to make shopping easy for good customers while blocking fraudsters, Xometry eyes a $2 trillion market with purchase of Thomas, complimentary subscription to Digital Commerce 360 B2B News. In November, Xometry acquired the assets of digital technology companies FactoryFour and Big Blue Saw to expand its services to manufacturers. ThomasNet is an information and technology company based in New York City. The acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers. According to Ronn Levine, SIIAs editorial director, Thomas CEO Tony Uphoff and Xometry CEO Randy Altschuler initially met in 2017, where some talk about a partnership was bantered about. [5]. It has been one of the best stories of old-school print publishers successfully transitioning content to online media. /Type/ExtGState JFIF ` ` C C << Xometry also expects to leverage Thomas marketing and data services to deliver an unmatched suite of end-to-end services for sellers with additional fintech and digital marketing products. %PDF-1.4 It uses proprietary technology to create a marketplace that enables buyers, ranging from self-funded startups to Fortune 100 companies, to efficiently source on-demand manufactured parts and assemblies. >> Get the full list, To view Thomas Publishings complete investments and acquisitions history, request access, To view Thomas Publishings complete exits history, request access, Device and system for searching, displaying and operating websites and other electronic content, Marketing method and system using domain knowledge. Together, we will introduce new services, cross-sell to our combined base and expand our suite of products, particularly in fintech and digital marketing., Thomas has a long and proud history of bringing active buyers and sellers together on our Thomasnet.com platform and providing the data and marketing services that inform decision-making, added Tony Uphoff, President and CEO of Thomas. Xometry believes the acquisition which is valued at $300m and expected to close this week will rapidly expand its buyer and seller base and help to enhance its global digital marketplace for manufacturers. https://www.facebook.com/ElectronicDesign. Xometry uses its proprietary technology to create a marketplace that enables buyers to efficiently source on-demand manufactured parts and assemblies, and empowers sellers of manufacturing services to grow their businesses. It used independent representatives to sell advertising space around its listings in print products like the Thomas Register and the Thomas Industrial Regional Directories, and these representatives continue to sell Internet related products to manufacturers, distributors, and other companies. Looking forward Thomas will remain its own brand, Thomasnet.com. /Count 2 In their heyday, Thomas Register of American Manufacturers was a 34-volume, 3 section buying guide offering sourcing information on industrial products and services, along with comprehensive specifications and detailed product information from thousands of manufacturers. endobj 8 0 obj %&'()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz At the end of Q3 2021, Xometry had 26,187 active buyers, including nearly 30% of the Fortune 500. Business is booming. Xometry has announced the acquisition of Thomas, a leading product sourcing, supplier selection and digital marketing company. Thomas brings deep relationships with highly qualified enterprise buyers and engineers. Based on anticipated revenue synergies, we expect the pro forma company revenue growth rate to be consistent with Xometrys expected revenue growth on a standalone basis in 2022. DC Advisory US was the financial advisor and Winston & Strawn LLP the legal advisor to Thomas. Thomas brings deep relationships with highly qualified enterprise buyers and engineers. About XometryXometry is a leading digital marketplace for on-demand manufacturing, transforming one of the largest industries in the world. ThomasNet News was introduced with the mission of delivering timely, new industrial product information covering the whole range of products It manually reviews press releases submitted through the website and publishes with a small description in one of 51 different categories. Transaction DetailsUnder the terms of the deal, Xometry is acquiring Thomas on a cash-free, debt-free basis for $300 million subject to customary adjustments approximately $198.5 million in cash and $101.5 million in Xometrys Class A common stock. Rapid News Publications Ltd. A Rapid News Group Company. /Annots 18 0 R /Type/Font Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing servicesassets that perfectly complement our digital marketplace. /Author(DC Advisory) The books were first published in 1898[4] by Harvey Mark Thomas as Hardware and Kindred Trades. Thank you for your understanding and compliance. | Source: Now, Xometrywhich raised more than $300 million in an initial public offering of stock in Julyis ready for mammoth growth by acquiring for $300 million the B2B marketplace company Thomas, which operates Thomasnet.com with more than 1.3 million registered users. Xometry, which connects traditional machine shops and 3D parts printing in a global online marketplace, has acquired Thomas, a product sourcing, marketing and ecommerce platform built around its Thomasnet.com brand for $300 million.
Supply Market Research Trends for Procurement and Supply Chain: 2021 Update, Shipping and Logistics Intelligence Offerings in the News, Sourcemaps Forced Labor Due Diligence Solution Addresses Standards Mandated by the Uyghur Forced Labor Prevention Act, Latest Container Port Performance Index Assesses Gaps and Opportunities, DPW DEMO 2022 Semi-Finalists Are Utilizing Exciting Ways of Integrating Supplier and Market Data Into Procurement Process Workflows, OSINT for Procurement and Supply Chain: No Hype, Just Promise, Sourcemap's Forced Labor Due Diligence Solution Addresses Standards Mandated by the Uyghur Forced Labor Prevention Act. Xometry also expects to leverage Thomas marketing and data services to deliver an unmatched suite of end-to-end services for sellers with additional fintech and digital marketing products.. Hiring Committee Co-Chair Bill ONeil discusses what sets Winston apart from its competitors.