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Nano Dimension Ltd., an industry leading Additively manufactured electronics (AME)/printed electronics (PE) provider, announced that it is has engaged CarlSquare, in addition to Needham & Co., to advise on acquisitions in Europe.
CarlSquare is an investment bank with offices in Berlin, Copenhagen, Hamburg, London, Munich and Stockholm. CarlSquare supports companies and their shareholders to assist in implementing their M&A goals. CarlSquare has already introduced Nano Dimension to several attractive targets in Europe.
Yoav Stern, President & CEO of Nano Dimension, commented, “Our M&A search over the last two quarters has evolved, as we have expanded its geographical footprint. We are now focusing on two kinds of acquisition targets: One will dramatically expand our go-to-market channels and give us exposure to vertical markets while the other targets include a set of companies that have transformative technologies and products which are complementary to our product roadmap. The present ubiquity of special purpose public acquisition vehicles (SPACs), especially in the U.S. market, is causing price surges of certain targets; hence, we are using the opportunity to filter out valuations that don’t fit our business model. Since we have strong cash reserves, we are accelerating our technology and product development forward beyond the plans of mid-2020. I am confident that with the help of our investment banking partners, we will expedite the M&A process to synergistically support our growth plans.”