Shape Technologies Group, Inc.
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Shape Technologies Group, Inc. - overview
Established
2013
Location
-, WA, US
Primary Industry
Industrial Machinery
About
Shape Technologies Group, Inc. , based in the US, specializes in ultrahigh-pressure process solutions across diverse industries including aerospace, automotive, and energy manufacturing. Shape Technologies Group, Inc. was founded in 2013 and operates primarily in the ultrahigh-pressure processing solutions sector.
The company has undergone strategic pivots and was previously involved in a significant acquisition where KMT Group was delisted from the stock exchange following its acquisition by Nordstjernan in 2008. The company is headquartered in the US and currently led by CEO Nino LaDuca. Shape Technologies has successfully raised USD 147. 50 mn in its latest funding round, a Secondary Buyout, totaling USD 147.
50 mn across its funding activities, with American Industrial Partners as investors. Shape Technologies Group specializes in ultrahigh-pressure process solutions tailored for various industries, including aerospace, automotive, food, electronics, and energy manufacturing. Their offerings encompass advanced application expertise, software solutions, and total process automation aimed at enhancing operational efficiency and scalability. The company’s products are designed to address complex manufacturing challenges, allowing clients to streamline their processes and incorporate innovative technology into their operations.
Shape Technologies serves a global clientele, particularly in emerging markets across North America, Europe, and Asia. In 2013, Shape Technologies Group reported a revenue of USD 160. 00 mn and an EBITDA of USD 23. 00 mn.
The company follows a business-to-business (B2B) model, engaging in direct partnerships with various industries and possibly utilizing subscription-based agreements for its software solutions. Shape Technologies Group plans to release new products designed to enhance their ultrahigh-pressure processing solutions. The company is also focusing on expanding its operations into new geographic regions, particularly targeting emerging markets in North America, Europe, and Asia by 2025. The recent funding of USD 147.
50 mn will be utilized to support these growth initiatives, further enhancing their product offerings and market reach.
Current Investors
Nordstjernan
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.shapetechnologies.com
Verticals
IoT (Internet of Things), Manufacturing, Robotics
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Shape Technologies Group, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Shape Mined Materials | - | ||||||||
| Add-on | Completed | Aquarese Industries | - | ||||||||
| Add-on, Trade Sale | Completed | TOPS Co. Ltd. | - | ||||||||
| Add-on | Completed | Flow International Corporation | - | ||||||||
| Secondary Buyout | Completed | Shape Technologies Group, Inc. | - |
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