Hanover Partners Deals Solidscape to Strategic in Stratasys

West Coast PE shop Hanover Partners is letting go of an asset back East. The PE firm is selling its Solidscape Inc., a maker of 3D printer systems, to Stratasys, a similar manufacturer. The exit from Solidscape generated a 2.5x cash-on-cash return for lead investors Hanover Partners and Tuckerman Capital, during a nearly 5 year investment period. Hanover has offices in Portland, Ore., and San Francisco, Calif.

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