Stratasys Ltd. receives a $120 million investment from Fortissimo Capital

It is reported that Stratasys Ltd. (NASDAQ: SSYS) announced on February 2nd that it has received a $120 million investment from Fortissimo Capital, an Israeli private equity firm. This transaction directly purchases 11.65 million newly issued shares at a price of $10.30 per share, representing a premium of 10.6% compared to the company's closing price on January 31, 2025. As of press time, it has reached $11.310.

Prior to this investment, Fortissimo only held approximately 1.5% of Stratasys' shares. After the transaction is completed, Fortissimo will become one of the major shareholders of Stratasys, with its shareholding ratio increasing to approximately 15.5%. The transaction is expected to be completed in the second quarter of 2025, but still needs to undergo review by the Committee on Foreign Investment in the United States (CFIUS).

This investment reflects Fortissimo's long-term commitment to Stratasys and further highlights the potential and value of Stratasys in the additive manufacturing industry. Stratasys hopes to enhance shareholder value through this collaboration, drive the execution of its growth strategy, and strengthen the company's balance sheet, laying the foundation for seizing important opportunities in the additive manufacturing industry.

Fortissimo Capital is a leading Israeli private equity fund focused on investments in the technology and industrial sectors. The company has previously funded Tritone and Kornit Digital, the former being a startup that has developed a unique high-throughput sintered metal 3D printing technology, and the latter having its own inkjet technology that can be used to 3D print digital embroidery onto textiles.

Dr. Yoav Zeif, Director and CEO of Stratasys, stated, "Fortissimo's investment reflects their trust in our company's leadership, performance, and future growth potential. Fortissimo is an experienced private equity investor focused on growth oriented enterprises, with a deep understanding of our business. We are delighted to collaborate with Fortissimo and are confident that their strategic investment and spirit of cooperation will help us create more long-term value for our shareholders.

With the completion of this investment, Yuval Cohen, founder and executive partner of Fortissimo, will join the Stratasys board of directors to replace the soon to be appointed directors. Mr. Cohen has over 30 years of financial and management experience and will work closely with the Stratasys management team to help the company achieve its strategic goals.

Mr. Cohen said, "We are confident in the future of additive manufacturing and firmly believe that Stratasys will continue to play a leading role in the industry. We have always admired Stratasys' achievements in solving customer manufacturing challenges and believe that their strategic approach in driving the development of 3D printing technology is crucial. We look forward to working with Stratasys to further consolidate its core competitiveness in the industry and create greater value for all stakeholders.

To fully understand the importance of this financing, it is first necessary to review Stratasys' turbulent situation in 2024. In September, as a leading global 3D printer manufacturer, Stratasys announced that it will lay off approximately 15% of its global workforce to address business challenges and optimize operational efficiency. In addition, the company has been involved in patent infringement lawsuits against Tuozhu since August.

These challenges put greater pressure on Stratasys' future development, while also making Fortissimo Capital's investment crucial. This investment not only provides much-needed financial support for Stratasys, but may also inject new momentum into the company's future strategic adjustments and growth.

Source: Yangtze River Delta Laser Alliance