Hanover Partners Exits Solidscape

Hanover Partners exited its stake in Solidscape Inc., selling the company, a manufacturer of 3D printer systems, to publicly traded Stratasys. 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 announced Tuesday. Solidscape is based in Merrimack, New Hampshire. Hanover Partners acquired Solidscape in June 2006 in partnership with Tuckerman Capital. Terms of the sale were not released.

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