LOS ANGELES--(BUSINESS WIRE)--Apr. 11, 2022--
Reynolds Advisory Partners, LLC (“RAP” or “Reynolds”) advised Titan Robotics LLC of Colorado Springs, Colorado, in its sale to 3D Systems (NYSE:DDD), of Rock Hill, South Carolina. The transaction closed on April 1, 2022.
Titan Robotics is the market leader in pellet-based polymer extrusion 3D printing technology and the only manufacturer offering hybrid tool head configurations. Titan Robotics provides solutions to its customers by developing application-specific processes using Titan’s unique additive manufacturing (AM) technology.
“The team at Titan Robotics is thrilled to become part of the world-class organization at 3D Systems, as Titan’s leadership team of Clay Guillory, Bill Macy, Maddie Guillory and I are committed to continuing Titan’s mission of changing the traditional manufacturing landscape with production additive manufacturing solutions,” said Rahul Kasat, CEO, Titan Additive LLC. “We are excited by the synergies this acquisition will enable to expand the adoption of industrial 3D printing across a wide variety of manufacturing industries, as pellet-based extrusion and hybrid manufacturing systems become the new standards for production applications.”
Reynolds Advisory Partners represented Titan Robotics in this transaction. “This transaction represents a great strategic fit for both parties. Titan’s technology is additive to 3D Systems’ portfolio, and 3D Systems’ worldwide sales presence will accelerate Titan’s rapid growth,” said Douglas Reynolds, Managing Director, Reynolds Advisory Partners. “Doug and his team at Reynolds Advisory Partners did a tremendous job originating and evaluating a variety of capital raising and strategic M&A solutions to accelerate Titan’s growth. Adding Titan’s pellet-based extrusion and hybrid manufacturing systems to 3D Systems’ portfolio is a tremendous fit,” said Rahul Kasat, CEO, Titan Additive LLC.
About Titan Additive LLC (Titan Robotics)
Titan Additive LLC is a production additive manufacturing solutions provider. Titan designs and fabricates large-format, industrial 3D printers, and provides solutions to its customers by developing processes using Titan’s additive manufacturing technology. Specializing in direct pellet fed 3D printing, hybrid additive, and subtractive systems, and hybrid pellet + filament extrusion systems, Titan’s Atlas 3D printers enable the use of engineering grade and affordable pellet materials. Titan provides complete additive manufacturing implementation, from 3D printing services to consulting and material integration processes. More at: www.titan3drobotics.com.
About 3D Systems
More than 30 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry. Today, as the leading additive manufacturing solutions partner, we bring innovation, performance, and reliability to every interaction - empowering our customers to create products and business models never before possible. Thanks to our unique offering of hardware, software, materials, and services, each application-specific solution is powered by the expertise of our application engineers who collaborate with customers to transform how they deliver their products and services. 3D Systems’ solutions address a variety of advanced applications in healthcare and industrial markets such as medical and dental, aerospace & defense, automotive, and durable goods. More information on the company is available at www.3dsystems.com.
About Reynolds Advisory Partners
Reynolds Advisory Partners LLC is a middle-market investment bank specializing in M&A and capital raising transactions on behalf of private companies in various industries, including Technology, Industrial, Consumer, Financial, and Business Services. For more information, visit www.reynoldsap.com.
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Douglas Reynolds, Managing Director
Reynolds Advisory Partners, LLC
Source: Reynolds Advisory Partners, LLC