PADT acquires Stratasys reseller division of CADCAM Systems
Phoenix Analysis & Design Technologies, Inc. (PADT), a provider of Numerical Simulation, Product Development, and 3D Printing services and products in the Southwest, has acquired the Stratasys Reseller business of CADCAM Systems, based in Boulder, Colorado. This move immediately boosts PADT’s existing 3D Printer sales and support customer base by approximately 30%, adding clients in Colorado, Utah, and New Mexico, making PADT the largest distributor of 3D Printing systems to commercial customers in the Four Corners region.
CADCAM Systems, like PADT, has been a leader in 3D Printing sales and support, working with global manufacturer Stratasys to help build usage in the Rocky Mountain States. Throughout the course of its history, CADCAM Systems has built a reputation for outstanding technical ability and customer service. As customers transition to PADT for system support, consumables and future machines, they will receive the same exceptional service they are used to, now from PADT’s offices in Littleton, Colorado, Murray, Utah, and Albuquerque, New Mexico. Additional support will come from PADT’s headquarters in Tempe, Arizona. Customers will have the added advantage of access to PADT’s other products and services, including 3D Printing services, ANSYS simulation software, product development, and simulation services.
“When we heard that CADCAM Systems was interested in selling their Stratasys business, we were immediately interested," said Rey Chu, co-owner at PADT and a recognized expert in the Additive Manufacturing industry. “We knew they took excellent care of their customers and had strong client bases in Colorado, New Mexico, and Utah, three states that we’ve been growing aggressively in. It was an obvious fit for both companies.”
The acquisition will have no impact on the number of people employed at either company. During the transition, customers who purchased maintenance agreements from CADCAM Systems will be serviced by them until they expire, at which time they have the option to renew with PADT. Some 3D Printing material supplies will be available from CADCAM Systems as well during the transition, with PADT taking over that service in the coming months.
This acquisition was made as part of PADT’s long-term strategy to strengthen their position as the premier supplier of mechanical engineering products and services in the Southwest. The company continues to make investments in staff, services offered, and products represented to meet the demands of existing and future customers, continuing to prove a commitment to the company’s motto, “We Make Innovation Work.”