M&A
confidence high
sentiment positive
materiality 0.85
Xometry acquires Thomas Publishing for $300M to expand manufacturing marketplace
Xometry, Inc.
- $300M total consideration: ~$198.5M cash + ~$101.5M in Xometry Class A common stock (2,073,422 shares).
- Expected to close on or about December 10, 2021; over 90% of Thomas shareholders support the deal.
- Immediately accretive to gross margin and Adjusted EBITDA margin; Xometry targets full year profitability in 2023.
- Thomas adds 1.3M registered users, 500k+ sellers, 93% Fortune 1000 penetration, and 20M annual sourcing sessions.
- Xometry will leverage Thomas's marketing and data services for an end-to-end seller suite including fintech and digital marketing.