{"id":62681,"date":"2025-02-03T18:00:07","date_gmt":"2025-02-03T17:00:07","guid":{"rendered":"https:\/\/www.3dnatives.com\/en\/?p=62681"},"modified":"2025-02-03T18:10:35","modified_gmt":"2025-02-03T17:10:35","slug":"stratasys-announces-120-million-investment-by-private-equity-fund-030220256","status":"publish","type":"post","link":"https:\/\/www.3dnatives.com\/en\/stratasys-announces-120-million-investment-by-private-equity-fund-030220256\/","title":{"rendered":"Stratasys Announces $120 Million Investment by Private Equity Fund"},"content":{"rendered":"

Suffice to say, it has not been the smoothest sailing for the 3D printing market in the past year or so. This has particularly been the case for some of the largest companies in the sector, who have faced layoffs and a turbulent stock market. There does however seem to be some hope on the horizon.\u00a0 Stratasys has announced an investment of $120 million by Fortissimo, or an acquisition of approximately 14% of its issued and outstanding ordinary shares.<\/p>\n

To understand the magnitude of this announcement, it is first necessary to look at the tumultuous year from Stratasys in 2024. In September, the 3D printer manufacturer announced that it would be laying off about 15% of its global workforce. Adding to that, the company has been embroiled in a patent infringement lawsuit against Bambu Lab since August.<\/p>\n

\"Stratasys

Stratasys HQ in Israel (photo credits: Amit Geron)<\/p><\/div>\n

This has left many wondering about the stability and future of Stratasys, which has always been one of the leaders in the additive manufacturing market, especially with weak sales for industrial-grade material extrusion 3D printers by Q3 of 2024<\/a>. Now, it seems that we have our answer.<\/p>

\"\"<\/a><\/div>\n

\u201cFortissimo\u2019s investment underscores confidence in our leadership and performance, our ability to deliver solutions that solve customer needs and our long-term growth potential,\u201d<\/em> commented Dr. Yoav Zeif, Director and Chief Executive Officer of Stratasys. \u201cFortissimo is an experienced private equity investor with a growth focus, deep understanding of our business and a proven track record of investment in private and public technology companies. We are excited to partner with Fortissimo and believe their meaningful investment and partnership-oriented approach will enable us to drive additional long-term value for all shareholders.\u201d<\/em><\/p>\n

What to Expect From the Investment in Stratasys<\/h3>\n

Let’s take a look at the investment itself. As mentioned, it will be for $120 million, about 14% of Stratasys’ shares. Since Fortissimo, a leading private equity fund investing in technology and industrials, already held 1.5% of Stratasys’ issued and outstanding ordinary shares, the final total will be about 15.5%. More specifically, the investment will be a direct purchase of 11,650,485 newly issued ordinary shares at $10.30 per share, reflecting a premium of 10.6% over the closing market price on January 31, 2025.<\/p>\n

What is especially interesting is that the investment seems to be a long-term commitment. In a press release from Stratasys, the company notes that Fortissimo hopes to support “the continued execution of Stratasys\u2019 strategy to drive growth and further strengthen the Company\u2019s balance sheet as it seeks to capture inorganic value-creation opportunities in the additive manufacturing industry.”<\/em> Additionally, in connection with this, Yuval Cohen, Founding and Managing Partner of Fortissimo, will be replacing a member of the Stratasys Board of Directors at the closing of the transaction.<\/p>\n

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Photo Credits: Stratasys<\/p><\/div>\n

\u201cWe believe in the future of additive manufacturing and are confident in Stratasys\u2019 leading role in shaping the industry. We have long respected their history of solving customers\u2019 critical manufacturing challenges and are confident they exemplify the necessary and strategic approach to fulfill the potential of 3D printing,\u201d<\/em> concludes Mr. Cohen. \u201cWe look forward to being a part of Stratasys\u2019 next chapter as we collaborate with its strong management team to build on the Company\u2019s fundamental strengths to the benefit of the Company\u2019s stakeholders.\u201d<\/em><\/span><\/p>\n

What do you think of this investment news from Stratasys and Fortissimo? Let us know in a comment below or on our LinkedIn<\/a>, Facebook<\/a>, and Twitter<\/a> pages! If you are looking for more 3D printing in aerospace & defense content, check out our dedicated page HERE<\/a>. Don\u2019t forget to sign up for our free weekly Newsletter here<\/a>, the latest 3D printing news straight to your inbox! You can also find all our videos on our YouTube<\/a> channel.<\/p>\n

Cover Photo Credits: University of Notre Dame<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Suffice to say, it has not been the smoothest sailing for the 3D printing market in the past year or so. This has particularly been the case for some of the largest companies in the sector, who have faced layoffs…<\/p>\n","protected":false},"author":6077,"featured_media":62692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[3,1],"tags":[],"class_list":["post-62681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/posts\/62681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/users\/6077"}],"replies":[{"embeddable":true,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/comments?post=62681"}],"version-history":[{"count":2,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/posts\/62681\/revisions"}],"predecessor-version":[{"id":62693,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/posts\/62681\/revisions\/62693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/media\/62692"}],"wp:attachment":[{"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/media?parent=62681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/categories?post=62681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.3dnatives.com\/en\/wp-json\/wp\/v2\/tags?post=62681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}