AFM Capital acquires Incodema3D
AFM Capital Partners Inc announced that it has acquired a majority ownership interest in Incodema3D Holdings, Inc, Ithaca, New York, USA. Sean Whittaker, CEO, and the senior leadership team retained significant equity ownership and will continue to lead the business in partnership with AFM Capital. Incodema3D will continue to operate under its existing name.
Founded in 2014, Incodema3D has evolved from a prototyping-focused operation into a scaled production platform targeting high-performance applications that require advanced engineering, tight tolerances, and complex geometries. The company operates a 5,574 m2 advanced manufacturing facility, reportedly housing one of the largest fleets of industrial metal Additive Manufacturing machines in North America, supported by integrated subtractive machining and other post-processing requirements as well as quality assurance capabilities.
“We are excited to partner with AFM Capital,” stated Sean Whittaker. “AFM Capital brings operational expertise and strategic resources that will allow us to accelerate our growth, expand production capabilities, and continue investing in advanced additive technologies. Together, we are well positioned to meet the increasing demand for high-performance metal components across mission-critical defence, aerospace, space, energy, and industrial markets. I would also like to express my appreciation to our early-stage investors for their support in helping establish our organisation as a strong and trusted enterprise.”
“Incodema3D represents exactly the type of advanced industrial platform we seek to build at AFM Capital,” added Mark McTigue, president and founding partner, AFM Capital. “The company has established itself as a trusted partner to leading customers by delivering highly engineered metal components at production scale. We look forward to working closely with Sean and the Incodema3D team to invest in capacity and large-format additive technologies, while expanding the company’s manufacturing footprint to support long-term customer programmes.”
