Reynolds Advisory Partners, LLC, of Colorado Springs, Colorado, advised Titan Robotics LLC on its sale to 3D Systems, of Rock Hill, South Carolina. The acquisition is scheduled to close on April 1, 2022.
Titan Robotics is the global leader in 3D printing technology based on pellet-based polymer extrusion and the only vendor to offer hybrid tool head configurations. Titan Robotics solves customer problems by building application-specific methods utilizing Titan's own 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, 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.”
Rahul Kasat, CEO, Titan Additive LLC
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.