商业

Trilantic wraps up $82M acquisition of 3D Systems’ Quickparts business

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Private equity firm三角洲北美has completed the acquisition of 3D printer manufacturer3D系统on-demand production division.

第一的announced in June 2021,,,,the deal has seen 3D Systems agree to sell its U.S. and European on-demand manufacturing sites to Trilantic North America and industry veteran Ziad Abou. Having finalized the transaction, Trilantic North America now intends to market 3D printing services via its acquired business under the revivedQuickpartsbrand, while “expanding and advancing” its offering moving forwards.

“我们在QuickParts上的投资强调了三角洲北美对行业4.0技术交付给供应链所有成员的价值的承诺和信念,” Trilantic北美合作伙伴Charles Fleischmann说。“我们很高兴与Ziad和整个QuickParts团队合作,加快其战略成长目标并推动持续扩展。”

3D系统在意大利Pinerolo开设了高级添加剂制造中心。通过3D系统照片。
作为交易的一部分,3D Systems已在Pinerolo(如图)出售了其先进的添加剂制造中心。通过3D系统照片。

QuickParts返回到前面

Initially launched by 3D Systems as an e-commerce portal in 2011, Quickparts was later renamed ‘3D Systems On-Demand Manufacturing’ as part of a company rejig. Following the completion of its $82 million acquisition, however, Trilantic North America has brought the Quickparts moniker back, as the name of its new advanced manufacturing bureau.

Working out of its acquired facilities in Lawrenceburg, Seattle, Le Mans, Pinerolo and High Wycombe, Quickparts now markets a combination of machining, casting, injection molding and 3D printing services. Thanks to the 150-strong fleet of 3D printers it has inherited from 3D Systems, including SLA, SLS and FDM systems, the firm is able to prototype, model and enter short-run production on behalf of clients.

自从出售给三角洲北美以来,QuickParts还选择通过任命为其董事会增加经验Nexa3DandTechniplasCEOs Avi Reichental and George Votis, while in future, the subsidiary says that it intends to work with its parent firm to “make strategic investments,” that help meet an “accelerated demand” for both “additively and traditionally-manufactured parts.”

“我们已经与三角洲北美建立了牢固而积极的合作伙伴关系,我们计划通过提供更好的技术不可知论服务来维护市场领导力,从而利用他们的专业知识,网络和指导,” Abou解释说。“对于QuickParts来说,还有一个光明的未来,我很荣幸能够努力实现未来的重要机会。”

An engineer operating 3D Systems' modular figure 4 3D printers.
Quickparts’ new facilities are known to be fitted with multiple Figure 4 3D printers. Photo via 3D Systems.

3D系统restructuring

QuickParts本质上已作为一部分出售3D系统wider restructuring,,,,which started in earnest during August 2020, after the firm’s revenue fell 11% over Q2 2020. Since then, the company has cut its workforce by 20% and divested parts of its business, with the aim of reducing operating costs by $100 million, and returning to growth by focusing more on its core industrial and healthcare verticals.

朝着这个目标努力,3D系统选择sell its Battery Ventures and Cimatron armsas well asdivesting its medical simulation division,,,,Simbionix,今年早些时候,分别筹集了6500万美元和3.05亿美元的交易。当时,该公司表示,这些举动可以使其能够建立在3D打印上的“单一焦点”,而且这似乎有效,正如它报道的那样46% growth in Q2 2021

通过这种重组,3D Systems积累了5亿美元的资本,它在确保其长期金融增长方面进行了重新投资。除了扩大美国和比利时的设施外,该公司还进入了工业FDM领域Roadrunner 3D打印机,,,,andbought Oqton for $180 million,希望到2025年,它希望将其年度软件收入提高到最高1亿美元。

The company has alsoacquired Allevi and Additive Works,,,,with the former designed to bolster its 3D bioprinting offering, after it reported significant progress within its related打印到灌注program in January 2021. Following its most recent divestitures, 3D Systems has now announced that its restructuring is over, but that it remains open to making further investments that help “meet increasing demand.”

3D Systems' headquarters in Rock Hill, South Carolina. Photo via CBRE Group.
3D Systems announced the completion of its restructuring after the sale of Simbionix in July 2021. Photo via the CBRE Group.

按需生产转变

3D系统decision to leave the on-demand manufacturing space is just the latest is a string of business moves that have reshaped the service bureau landscape during 2021. In April,Shapewaysannounced that it plans to go public via a4.1亿美元合并,,,,that will see it raise around $195 million towards funding its wider expansion.

Manufacturing service providerFast Radiusis also in line to raise a significant amount of capital, after agreeing to a9.95亿美元的SPAC合并in July 2021. Once the deal is finalized, the company expects to generate $445 million, which it intends to plough into its ongoing software development and facility expansion strategy.

别处,Stratasyshas undergone astrategic resizing它本身,但与3D系统不同,它选择继续在按需制造领域,并保持其StratasysDirectsubsidiary. The company was even able to扩展其可寻址市场earlier this year, by offering four new high-performance nylons toXometry’s客户群。

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Featured image shows Quickparts’ newly-acquired Advanced Additive Manufacturing Center in Pinerolo. Photo via 3D Systems.