Trilantic North America acquires MA at request of 3D Systems »3dpbm
Trilantic North America, a growth-driven mid-market private equity firm, has agreed to acquire the on-demand manufacturing business of 3D Systems in partnership with Mr. Ziad Abou, pioneer and industry veteran who served as Senior Vice President. and general manager of 3d systems‘On-demand manufacturing company for nearly a decade, and other industry leaders. The acquisition is subject to customary closing conditions and certain closing adjustments.
“I am grateful to Trilantic North America for their continued confidence in me and I look forward to working alongside this amazing team, continuing our great work together. There is a bright future ahead for QuickParts, and I am honored and excited to continue the work in progress, ”said Mr. Abou.
The company, which will operate as QuickParts after the close and will be led by Mr. Abou as CEO, is an internationally renowned digital manufacturing leader that provides custom 3D printing and manufacturing services to the request. With an installed base of approximately 200 in-house 3D printers and a network of manufacturing partners around the world, the company offers rapid prototyping, functional prototyping, low-volume manufacturing and model building services. appearance.
“We are delighted that 3D Systems has chosen Trilantic North America to guide its on-demand 3D printing and custom manufacturing business into its next chapter of growth. We are also very pleased to partner with Ziad and the QuickParts team to achieve their strategic goals and drive continued expansion and increased customer success, ”said Charles Fleischmann, Partner at Trilantic North America. “The investment in QuickParts underscores Trilantic North America’s commitment and belief that Industry 4.0 can deliver increased sustainability, reduced production time and costs, and improved business digitization throughout the life cycle. supply chain.”
The company responds to growing demand for advanced and rapid manufacturing capabilities and additively manufactured services in a number of key industries including aerospace, automotive, consumer, entertainment and industrial products. Trilantic North America is supported by a large team of more than 250 manufacturing and support professionals at five manufacturing sites located in Seattle, Washington; Lawrenceburg, Tennessee; Pinerolo, Italy; Le Mans, France; and High Wycombe, England.
“We continue to aggressively execute our four-phase plan for the core 3D systems business that we announced a year ago, to position the company for exciting growth and profitability as the Industrial scale additive manufacturing continues to expand, ”said Dr. Jeffrey Graves, CEO of 3D Systems. “The build-on-demand business, which focuses on the rapid production of components using a multitude of digital manufacturing methods, is a strong business with a very bright future under the leadership of Trilantic North America. “.