Reynolds Advisory Partners Advises Titan Robotics LLC on Its Sale to 3D Systems, Adding Unique Extrusion Technology to 3D Systems’ Technology Portfolio.

Rhea-AI Summary

3D Systems (NYSE:DDD) has acquired Titan Robotics LLC, a leader in pellet-based polymer extrusion 3D printing, enhancing its manufacturing capabilities. The deal, facilitated by Reynolds Advisory Partners, closed on April 1, 2022. Titan Robotics aims to innovate traditional manufacturing with its hybrid technology, offering synergies for 3D Systems' growth and expanding its global sales reach. Titan specializes in large-format, industrial 3D printers, utilizing advanced materials for diverse manufacturing applications, driving the adoption of industrial 3D printing across industries.

Positive

• Acquisition of Titan Robotics enhances 3D Systems' portfolio in additive manufacturing.
• Synergies from the acquisition expected to accelerate Titan's growth and expand market reach.

Negative

• None.

LOS ANGELES--(BUSINESS WIRE)-- 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220411005047/en/

Douglas Reynolds, Managing Director

dreynolds@reynoldsap.com

(626) 316-6090

Reynolds Advisory Partners, LLC

Source: Reynolds Advisory Partners, LLC

FAQ

What is the significance of 3D Systems' acquisition of Titan Robotics on April 1, 2022?

The acquisition strengthens 3D Systems' position in the additive manufacturing market by integrating Titan Robotics' innovative pellet-based polymer extrusion technology.

How will Titan Robotics' technology benefit 3D Systems after the acquisition?

Titan Robotics' technology is expected to enhance 3D Systems' manufacturing capabilities and expand its global sales presence.

What type of technology does Titan Robotics specialize in?

Titan Robotics specializes in pellet-based polymer extrusion 3D printing and hybrid manufacturing systems.

Who advised Titan Robotics during its sale to 3D Systems?

Reynolds Advisory Partners advised Titan Robotics during the sale to 3D Systems.

What is Titan Robotics' impact on traditional manufacturing?

Titan Robotics aims to transform traditional manufacturing through advanced production additive manufacturing solutions.