Fortissimo Capital Invests $120 Million in Stratasys, Acquiring 14% Stake

2 min read | February 02, 2025 06:22 PM PST | By Team Kalkine Media

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Fortissimo Capital Invests $120 Million in Stratasys, Acquiring 14% Stake — Image source: Shutterstock

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Highlights:

$120 Million Investment and Premium Stake: Fortissimo Capital will acquire 11,650,485 newly issued shares of Stratasys at $10.30 per share, taking a 14% stake in the company.

Strategic Long-Term Partnership: The investment is designed to enhance Stratasys’ growth strategy, strengthen its balance sheet, and enable future value-creation opportunities in the additive manufacturing industry.

Leadership Addition: Yuval Cohen, Founding and Managing Partner of Fortissimo, will join Stratasys’ Board of Directors, bringing over 30 years of leadership and strategic experience.

Stratasys Ltd. (Nasdaq:SSYS), a leader in polymer 3D printing solutions, has announced that Fortissimo Capital, a prominent Israeli private equity fund, will invest $120 million in the Company. This investment will give Fortissimo approximately 14% of Stratasys’ issued and outstanding ordinary shares, reflecting a 10.6% premium over the company’s recent market price.

Under the terms of the agreement, Fortissimo will purchase the new shares at a price of $10.30 per share, a 10.6% premium over Stratasys’ closing market price on January 31, 2025. Prior to this investment, Fortissimo held a small stake of approximately 1.5% in the company. Following the transaction, Fortissimo will become a significant shareholder with around 15.5% ownership of Stratasys’ shares.

This investment signals Fortissimo’s confidence in Stratasys’ potential, aligning with the Company’s strategy to drive future growth and strengthen its financial position. Stratasys aims to leverage this partnership to pursue inorganic value-creation opportunities within the rapidly growing additive manufacturing sector.

As part of the agreement, Yuval Cohen, a well-established figure in the financial and leadership sectors, will join Stratasys’ Board of Directors. Cohen, who has over 30 years of experience in helping companies achieve strategic goals through innovative approaches, will replace a current director at the closing of the transaction. His appointment is expected to provide valuable guidance as Stratasys continues its expansion.

Additionally, the terms of the deal include an 18-month lock-up period and customary standstill provisions, ensuring stability as the partnership evolves.

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