Proventis Partners advised RepRap

The shareholders of German RepRap GmbH have advised the technology company the owner families of Arburg GmbH & Co. KG, Lossburg, Germany, for advice. The target company is in a development phase with accelerated growth and was looking for a strategic partner.

German RepRap GmbH, founded in 2010, develops and sells 3D printers based on RepRap technology. Its customers include major industrial companies worldwide in a variety of industries, including automotive, aerospace, medical, art and fashion.

Arburg, a German family-owned company, is one of the world’s leading manufacturers of machinery for plastics processing and has around 3,200 employees at 34 locations in 26 countries.

In the transaction, Proventis Partners was responsible for the overall management of the project: this included process strategy development, equity story development, preparation of documentation, approaching potential investors as well as coordinating the due diligence process and leading the contract negotiations.