Shapeways Announces Completion - GuruFocus.com
Summary
Greg Kress, Chief Executive Officer, stated: “We are proud of what our team has achieved and excited to start our journey as a public company. Since we announced this transaction earlier this year, we have delivered strong year-over-year revenue growth and robust margins as we continue to scale and extend our footprint across key industries. Shapeways’ existing management team, led by Chief Executive Officer Greg Kress, will continue to operate the business. In connection with the business combination, Stifel is serving as the exclusive financial and capital markets advisor to Shapeways and as sole placement agent to Galileo for the PIPE. Its team is composed by seasoned dealmakers with diverse nationalities, and M&A, principal investing and public company operating experience in both the North American and Western European markets.