d d" [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. Thomas brings deep relationships with highly qualified enterprise buyers and engineers. 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.. endobj We use cookies to make the experience of our website better. Download our Pro Bono Impact Report Download our 2022 Pro Bono Racial Justice & Equity CEASE Report. 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. 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. 2022 Xometry, Inc.. All rights reserved. /Subtype/Image 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. /CreationDate(D:20211209172653Z) 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. 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. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. 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. 1 0 obj /ModDate(D:20211209172653+00'00') stream In July of this year, Altschuler reached out again to Uphoff stating, We went public. Thomas brings deep relationships with highly qualified enterprise buyers and engineers. Join the conversation on theAdditive Manufacturing Global Community Discord. /S/Transparency Xometrys buyers range from self-funded startups to Fortune 100 companies. 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. 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. $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ? 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, 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. ThomasNet, the initial online directory, launched in 1995 as ThomasRegister.com. 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. /Subject(DC Advisory advised Thomas Publishing Company on its sale to Xometry) Thomas moved its database online as ThomasNet, published and maintained by Thomas Industrial Network, one of Thomas five business units. /Parent 2 0 R 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. >> 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. >> << 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. Can we have a conversation? Uphoff makes it a point to convey their model is astoundingly complementary to Xometrys. 2 0 obj Partner Peter Crowther discusses Winston & Strawns Brussels Office. 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. 2022 Endeavor Business Media, LLC. 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. Investor Presentation & Conference CallXometry has published a presentation to its investor relations website athttps://investors.xometry.com. 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. Xometry management will host a conference call at 8:30 a.m. today, Dec. 8, to discuss the acquisition. endobj The $300 million deal is expected to expand the digital industrial marketplace. The acquisition of Thomas is expected to rapidly expand Xometrys buyer and seller base, significantly enhancing Xometrys global digital marketplace for manufacturers. /SMask/None jgT_wj(n#T*1EUb(GQ"gGP>nL~SIOVm)PVM;F; Fj&. Follow us onLinkedInand be the first to know when new Digital Commerce 360 B2B News content is published. 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. 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. /ProcSet[/PDF/Text/ImageB/ImageC] endobj Xometry, Inc. Director of Attorney Recruiting & Development Lisa McLafferty discusses the firms culture. Both companies operate in highly competitive environments. Winston & Strawn's lawyers and professional staff are operating in a hybrid work environment. On December 8, Xometry announced it has acquired Thomas, a long time trusted resource for the manufacturing industry. 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. 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. /Resources 17 0 R Media Contacts:Matthew Hutchison for Xometry415-583-2119Matthew.Hutchison@Xometry.com, Investor Contact:Shawn Milne240-335-8132Shawn.Milne@Xometry.com. /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. In December 2021, Thomas was acquired by Xometry.[8]. 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. For the third quarter, Xometry reported a net loss of $14.7 million. ThomasNet is an information and technology company based in New York City. Looking forward Thomas will remain its own brand, Thomasnet.com. Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors. This is a profile preview from the PitchBook Platform. 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! Xometry management will host a conference call at 8:30 a.m. today, Dec. 8, to discuss the acquisition.
/CS/DeviceRGB Cookie Policy. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut, elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. %PDF-1.4 Want to start the conversation? Copyright 2022 Digital Commerce 360 | Vertical Web Media LLC. Xometry officials said they expect the acquisition to have an immediate impact on their companys financial outlook. PBV Monitor is a Registered publications at Milan Court Press Register n. 347/2012 The acquisition is expected to be immediately accretive to gross margin and Adjusted EBITDA margin. /SA true 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. /ColorSpace/DeviceRGB Thomasnet hosts more than 500,000 commercial and industrial sellers. /Type/ExtGState 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. Magnetic sensors are used extensively in modern vehicles, serving to measure the position of moving parts,. [ << PBV Monitor Srl. This article appeared in Machine Design and has been published here with permission. Personalize which data points you want to see and create visualizations instantly. 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. 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. 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. 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 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. All rights reserved. We expect the deal to accelerate our path to profitability and expect full year profitability in 2023. 2022 PitchBook. Thomas Publishing Company, LLC[9] of New York City has been privately held since its inception. DC Advisory US was the financial advisor and Winston & Strawn LLP the legal advisor to Thomas. 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%. This information is available in the PitchBook Platform. 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.. Every year, more than 20 million sourcing sessions are initiated on Thomasnet.com, generating extensive first-party buyer intent data across multiple sectors.. /Width 100 Win whats next. >> Goldman Sachs & Co. LLC acted as the financial advisor and BakerHostetler acted as the legal advisor to Xometry. /ca 1
<< /Subtype/Type0 endobj 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. The cash and stock transaction, valued at $300 million, is expected to close this week. 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. to the use of cookies is deemed to be given. No comments have been added yet. About XometryXometry is a leading digital marketplace for on-demand manufacturing, transforming one of the largest industries in the world. 8 0 obj /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. [11], "ART/ARCHITECTURE; Representing America in a Language of Her Own", "From Old School To Cutting Edge: The Transformation Of A B2B", "Style Makers; Pati Hillis, Corkscrew Maker", "Thomas Publishing Company - Company Profile, Information", "ThomasNet Industrial Search (Thomas Register)", "Xometry Acquires Thomas for $300M in Cash and Stock", "Internet Connects Inventors to Information (and One Another)", "ThomasNet: Industrial sector confident of growth", https://en.wikipedia.org/w/index.php?title=Thomas_Register&oldid=1059394558, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 9 December 2021, at 05:33. 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. Xometrys rapidly growing digital marketplace provides real-time access to global manufacturing capacity and demand, helping accelerate the digitization of the manufacturing industry. By using our website, your consent Soon after, IMT Green & Clean was launched in response to the growing interest in green technology and its impact on the world. JFIF ` ` C C /Encoding/Identity-H 5 0 obj /Count 2 Thomas brings strong brand equity, trusted and extensive relationships, proprietary data and advanced full-funnel marketing services assets that perfectly complement our digital marketplace. %&'()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz /MediaBox[0 0 596 842] ThomasNet has expanded to provide not only product and company information, but also online catalogs, computer-aided design (CAD) drawings, news, press releases and blogs. The Thomas Regional Directory Company began as a division of Thomas Publishing in 1976.