Investor Presentation & Conference CallXometry has published a presentation to its investor relations website athttps://investors.xometry.com.
Xometry management will host a conference call at 8:30 a.m. today, Dec. 8, to discuss the acquisition. endobj /Count 2 /Subtype/Type0 /Type/Page /Width 100 We expect the deal to accelerate our path to profitability and expect full-year profitability in 2023, Xometry says.
/Author(DC Advisory) The books were first published in 1898[4] by Harvey Mark Thomas as Hardware and Kindred Trades.
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According to an Information Today article, Mark Holst-Knudsen whose great-grandfather Harvey Mark Thomas founded Thomas Publishing in 1898, once joked that Thomas Publishing Co. is the oldest internet company known to man. The Thomas Register of American Manufacturers was a standard reference work in the form of a multivolume directory in large green books that helped buyers and sellers of industrial products find each other.
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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. 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.. Thomas brings deep relationships with highly qualified enterprise buyers and engineers. 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.
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. 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.
/S/Transparency About XometryXometry is a leading digital marketplace for on-demand manufacturing, transforming one of the largest industries in the world. 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. Media Contacts:Matthew Hutchison for Xometry415-583-2119Matthew.Hutchison@Xometry.com, Investor Contact:Shawn Milne240-335-8132Shawn.Milne@Xometry.com. ThomasNet is an information and technology company based in New York City. 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. 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. /Filter/DCTDecode
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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. | Source: To explore Thomas Publishings full profile, request access.
Soon after, IMT Green & Clean was launched in response to the growing interest in green technology and its impact on the world.
Photo byChristopher BurnsonUnsplash, Your email address will not be published. >> 6 0 obj
/Type/Font Business is booming. Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing services assets that perfectly complement our digital marketplace.
>> endobj The cash and stock transaction, valued at $300 million, is expected to close this week.
Thomas moved its database online as ThomasNet, published and maintained by Thomas Industrial Network, one of Thomas five business units. All rights reserved. The acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers.
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Thomas Publishing Company, LLC[9] of New York City has been privately held since its inception. 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.
Get the full list, To view Thomas Publishings complete patent history, request access, Youre viewing 3 of 4 executive team members. << The Thomasnet.com platform has more than 1.3 million registered users and more than 500,000 commercial and industrial sellers. Join the conversation on theAdditive Manufacturing Global Community Discord. Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors.. /BitsPerComponent 8 DC Advisory US acted as the financial advisor and Winston & Strawn LLP as the legal advisor to Thomas. << 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. The acquisition is expected to be immediately accretive to gross margin and Adjusted EBITDA margin. ] /Subtype/Image <<
/Creator(DC Advisory) /Pattern/DeviceRGB >> >>
/ModDate(D:20211209172653+00'00') /BaseFont/UniversLTW01-55Roman 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.
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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. /BaseFont/UniversLTW01-65Bold << 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. %PDF-1.4
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.
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/Producer(DC Advisory) 1 0 obj Xometry has announced the acquisition of Thomas, a leading product sourcing, supplier selection and digital marketing company. 7 0 obj In July of this year, Altschuler reached out again to Uphoff stating, We went public. 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.
Our professionals are available in person, via email, phone, and video conferencing to continue to serve our clients across the globe. Required fields are marked *. 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.
PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. All Rights Reserved, Ceramic and Exotic Additive Manufacturing News, Latest AM and 3D Printing Industry insights, Additive Manufacturing Global Community Discord. /Kids[5 0 R 19 0 R]
ThomasNet, the initial online directory, launched in 1995 as ThomasRegister.com.
About XometryXometry is a leading digital marketplace for on-demand manufacturing, transforming one of the largest industries in the world. PBV Monitor is a Registered publications at Milan Court Press Register n. 347/2012 } !1AQa"q2#BR$3br /ColorSpace/DeviceRGB
Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors. endobj /Type/Pages 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. In 2000, ThomasNet News released Industry Market Trends (IMT), its first Journal. This information is available in the PitchBook Platform.
8 0 obj Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing servicesassets that perfectly complement our digital marketplace.
Xometrys rapidly growing digital marketplace provides real-time access to global manufacturing capacity and demand, helping accelerate the digitization of the manufacturing industry.
DC Advisory US acted as the financial advisor and Winston & Strawn LLP as the legal advisor to Thomas. Xometrys rapidly growing digital marketplace provides real-time access to global manufacturing capacity and demand, helping accelerate the digitization of the manufacturing industry. In Xometrys most recent quarterly financial statement, for the third quarter ended Sept. 30, revenue grew 35% year over year as its number of active buyers grew 61% to more than 26,187. /AIS false 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%. The beginnings of these two companies could not be more different.
Since November 2010, ThomasNet has been a founding partner of GlobalTrade.net, a marketplace for international trade service providers. Partner Peter Crowther discusses Winston & Strawns Brussels Office. /ToUnicode 28 0 R
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. Download our Pro Bono Impact Report Download our 2022 Pro Bono Racial Justice & Equity CEASE Report. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. << Want to start the conversation? Goldman Sachs & Co. LLC acted as the financial advisor and BakerHostetler acted as the legal advisor to Xometry. This article appeared in Machine Design and has been published here with permission.
Xometry started out from the beginning as an AI-enabled marketplace for on-demand manufacturing. Operator of an online advertising and digital marketing marketplace designed to connect buyers, engineers, and MRO profe, e et dolore magna aliqua. /CA 1
/Type/XObject 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. This yearly survey is called the Industry Market Barometer. << Conference Dial-In Numbers:Conference ID: 1193859Participant Toll-Free Dial-In Number: 18773132061Participant International Dial-In Number: 14704959537. Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing services assets that perfectly complement our digital marketplace.
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The cash and stock transaction, valued at $300 million, is expected to close this week. 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..
Director of Attorney Recruiting & Development Lisa McLafferty discusses the firms culture. /SMask/None
/Resources 17 0 R Heres hoping this acquisition turns out to be healthy and prosperous for both Thomas and Xometry. Since launching in 2013, Xometry Inc. has managed steady growth as an online marketplace where more than 40,000 buyers from companies like automaker BMW and pharmaceutical manufacturer Moderna purchase manufacturing services from an international network of more than 5,000 manufacturers and machine shops. 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. /Type/ExtGState
The companys industry leading Thomasnet.com platform boasts 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. jgT_wj(n#T*1EUb(GQ"gGP>nL~SIOVm)PVM;F; Fj&. Cookie Policy. Operator of an online advertising and digital marketing marketplace designed to connect buyers, engineers, and MRO professionals to industrial manufacturers. endobj /ToUnicode 32 0 R 2022 PitchBook. Contact editor Paul Demery at[emailprotected]and follow him on Twitter @pdemery. 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. /Type/Font d d" >> U.S. Foundry Bets on Subsidies to Build $1.8 Billion Fab in Indiana, Bionic Hand Provides Strength and Haptic Feedback, Digital transformation: A partnership between Siemens and Hyundai-Kia, The leading application development platform, Lifecycle Insights: Digital transformation offers overwhelming ROI.
We expect the deal to accelerate our path to profitability and expect full year profitability in 2023.
[5]. /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. 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. endobj They state that AI has helped them create a liquid, scalable and global marketplace for the sourcing of on-demand parts, which gives them the opportunity to gain visibility into the supply and demand balance locally, regionally, and globally. At the end of Q3 2021, Xometry had 26,187 active buyers, including nearly 30% of the Fortune 500. >> 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. 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. The $300 million deal is expected to expand the digital industrial marketplace. w !1AQaq"2B #3Rbr Our Pro Bono Impact Report is filled with stories that illustrate the immense impact that Winstons commitment to pro bono service has had for the most disadvantaged in our communities and for the NGOs that support them. 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. The company stopped publishing its print products in 2006. 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.. The number of women enrolled in post-secondary en, The Future of Automotive Wheel Sensing with GMR, Download PDF Version. endobj
2022 Xometry, Inc.. All rights reserved. Simon Luk discusses Winstons ability to serve clients globally and how the firms presence abroad benefits his private equity matters in Asia. 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.
Thomasnet has stayed competitive because it is a good, solid product that has always understood its users and the more boring, yet vital, aspect of presenting data that has been fully classified.
Adventures of Ohm: Hydrogen Production and Storage - Solved! At the end of Q3 2021, Xometry had 26,187 active buyers, including nearly 30% of the Fortune 500. 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. Xometrys buyers range from self-funded startups to Fortune 100 companies. In November, Xometry acquired the assets of digital technology companies FactoryFour and Big Blue Saw to expand its services to manufacturers. << /SM 0.02
We expect the deal to accelerate our path to profitability and expect full year profitability in 2023. The Thomas Register of American Manufacturers, now ThomasNet,[1] is an online platform for supplier discovery and product sourcing in the US and Canada. Conference Dial-In Numbers:Conference ID: 1193859Participant Toll-Free Dial-In Number: 18773132061Participant International Dial-In Number: 14704959537.
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. Both companies operate in highly competitive environments.
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 companys industry leading Thomasnet.com platform boasts 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. Copyright 2022 Digital Commerce 360 | Vertical Web Media LLC. Follow us onLinkedInand be the first to know when new Digital Commerce 360 B2B News content is published.
/CreationDate(D:20211209172653Z) /Contents[16 0 R 37 0 R 51 0 R] Win whats next. Personalize which data points you want to see and create visualizations instantly. /Title(DC Advisory advised Thomas Publishing Company on its sale to Xometry) 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.
Can we have a conversation? Uphoff makes it a point to convey their model is astoundingly complementary to Xometrys. $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ? 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. 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.
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.
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