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Stratasys ( (SSYS) ) just unveiled an announcement.
On February 2, 2025, Stratasys announced a $120 million equity investment from Fortissimo Capital, an Israeli private equity fund. This investment will allow Fortissimo to acquire approximately 15.5% of Stratasys’ ordinary shares, enhancing Stratasys’ financial position and supporting its growth strategy in the additive manufacturing sector. The partnership underscores confidence in Stratasys’ leadership and potential for long-term growth. The investment includes an 18-month lock-up period and standstill provisions, while Fortissimo’s Yuval Cohen is set to join Stratasys’ board, reflecting Fortissimo’s commitment to the company’s strategic direction.
More about Stratasys
Stratasys is a leader in the additive manufacturing industry, focusing on polymer 3D printing solutions. It provides innovative 3D printing technologies for industries such as aerospace, automotive, consumer products, and healthcare. Stratasys offers a range of smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, aiming to transform product design, enhance manufacturing agility, and improve patient care.
YTD Price Performance: 7.01%
Average Trading Volume: 641,471
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $655.8M
See more data about SSYS stock on TipRanks’ Stock Analysis page.
