Newport Beach, CA based L Squared Capital Partners in partnership with its portfolio company, Chicago-based ERA Industries has completed the acquisition of I3D Manufacturing. I3D marks the third acquisition by L Squared in 2023 within the precision components space, having acquired ERA in June and Gen El Mec Associates (GEM) in August.

Located in Redmond, OR, I3D serves as one of the largest metal additive service bureaus in North America, focusing its capabilities largely on the defense and space sectors. The company’s expertise in metal 3D printing has progressively evolved beyond rapid prototyping into production parts for some of the most noteworthy customers that exist globally in their targeted sectors.

“We believe additive manufacturing capabilities to be highly accretive to the precision components platform build we have underway with ERA and GEM,” said Tyler Huez, a Principal at L Squared. He went on to say that, “we have our sights set on building one of the most dynamic precision components platforms in the market today, and bringing on this compelling technology and business is a big step in that direction”.