AM Investment Strategies
AMS Spring 2023

‘Forecast 3D’ Purchases 3D Printing Assets from ‘GROWit’

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We have been seeing several acquisitions and mergers between both small and large companies in the additive manufacturing sector, as of late. As any market begins to mature, consolidation takes place, usually creating forecast-1stronger, more versatile companies.

Today, Forecast 3D, a company which has been providing 3D printing, and rapid prototyping services for over 20 years, announced that they have acquired key assets of GROWit. GROWit is a seven year old company which has worked exclusively with Stratasys’ high end 3D printers, providing 3D printing services to a variety of clients. The assets acquired in this deal include GROWit’s three Stratasys PolyJET 3D printers, as well as the expertise behind the company.

“We are very happy to have found a company whom we are confident can continue to support our customer base at the high level that we have come to be known for as well as be able to offer clients some new Additive Manufacturing processes and technologies,” stated the founder of GROWit, David Gurrola.

With the acquisition Forecast 3D now owns eight Stratasys high end 3D printers, including five FDM Fortus Machines, and three PolyJET machines. The acquisition will give Forecast 3D the assets needed in order to expand their 3D Printing/Prototyping business, as well as deliver parts faster to its clients.

“The addition of the PolyJET technology, together with the expertise of GROWit, furthers our vision of being able to provide our customers with the best Additive Manufacturing option for their particular project,” stated Donovan Weber, COO of Forecast 3D. “We believe this solidifies Forecast 3D as the premier independent choice for enterprise 3D Printing solutions.”

For more details as well as discussion around this merger, check out the 3DPB.com forum thread.

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