Stratasys (Israel/US, NASDAQ: SSYS)
Stratasys is one of the leading 3D printing manufacturer in the world with close to $1B in sales. Stratasys was looking to leverage its technology and industry reach and to build a substantial medical business. Extera was hired to help guide strategy and support growth through buy side representation.
Extera analyzed the opportunity in the medical space and helped Stratasys come with detailed business planning. It also oversaw implementation including review and selection of investment, collaboration and acquisition opportunities. Extera’s efforts resulted in a significant increase in sales into the medical space as well as multiple transactions with external organizations.
Major business collaboration with a leading clinical imaging equipment manufacturer, sales into strategic buyers, supply agreement and equity investment into a company developing new products and technologies.