SyBridge News Archives - SyBridge Technologies https://sybridge.com/topics/press/ Bridging the gap between innovation and mass production Thu, 20 Jun 2024 19:21:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://sybridge.com/wp-content/uploads/2023/01/SBTArtboard-1FR-Blue-Ico-80x80.png SyBridge News Archives - SyBridge Technologies https://sybridge.com/topics/press/ 32 32 Apprenticeship Program Serves Students and the Tooling Community https://sybridge.com/apprenticeship-program-serves-students-and-tooling-community/ Thu, 20 Jun 2024 19:21:46 +0000 https://sybridge.com/?p=5878 Ron Maillet, General Manager of SyBridge Technologies in Fitchburg, Massachusetts, is an injection molding expert who started as an apprentice nearly forty years ago in Fitchburg, Leominster, Clinton, and surrounding areas.  For the past twenty-four years, Maillet has been working in the same building, in many roles and increasing responsibilities, and even through ownership changes. […]

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Fitchburg Apprenticeship Program
From left to right: Brayden Janak (apprentice); Logan Vifaquain (CNC machining, Programming and CMM); Ron Maillet (GM); Jakob Rickan (CNC machining, CNC lathe, Programming and Electrode milling); Jack Carignan (CNC machining, Programming and Apprentice Mold maker)

Ron Maillet, General Manager of SyBridge Technologies in Fitchburg, Massachusetts, is an injection molding expert who started as an apprentice nearly forty years ago in Fitchburg, Leominster, Clinton, and surrounding areas. 

For the past twenty-four years, Maillet has been working in the same building, in many roles and increasing responsibilities, and even through ownership changes. Now in the leadership role at SyBridge Technologies-Fitchburg, he helps oversee a well-established apprenticeship program with students from Montachusett Regional Vocational Technical School (“Monty Tech”) to learn the art, science, and craft of mold-making. 

“It’s fitting that this area would be home to a thriving apprenticeship program in plastics and mold-making,” said Maillet. “One hundred years ago, Foster Manufacturing – famous for Foster Grant glasses – pioneered plastics and injection molding five miles away in Leominster,” said Maillet. The industry has had a presence here ever since.  

SyBridge Technologies in Fitchburg has partnered with Monty Tech for seven years, bringing students into apprenticeship programs and then on into full employment. All the students that have started as apprentices under Maillet are either still in apprenticeship or are now employed by SyBridge, a testament to the staying power of the training and the industry. 

Kim Curry, Coordinator of Co-operative Education and Placement for Monty Tech, explained the breadth of the apprenticeship program. Monty Tech serves 18 cities and towns in the area and offers 21 vocational programs, including “Advanced Manufacturing.”  For a student to be considered for the co-operative education program, the student must be a junior, maintain grades of 75 or better, and be free of any discipline issues. The co-operative education program has seen a steady growth in interest from students since 2018. 

“It’s been a great partnership between SyBridge and Monty Tech,” said Curry. “When I do site visits there, I see my former students in mentorship and supervisor roles—and it is such a delight!” 

First comes the blueprint 

Every SyBridge apprentice starts in the same way Maillet began: reading a blueprint. From the blueprint, they sort out the cuts and angles, note the dimensions and tolerances, and then schedule the order of each process. The apprentice then moves to a manual milling machine, where they install the tools, calculate cutting speeds, and make their first test cuts.  

“I started reading blueprints,” said Jake Rickan, a 2023 graduate from Monty Tech who recently signed on as an employee of SyBridge. Rickan became interested in tool design and machine tech during his exploratory section in school, where he learned about different functional areas. He had been tinkering with after-market car parts, which involved machining, and the work of the apprenticeship program “caught his eye.” 

“I had always been infatuated with machining,” said Jake. His parents were both educators, but for Jake, machine technology and the finished, machined piece of steel has its own appeal. “It’s very cool to see the finished piece and be like, ‘Hey, I’m the one who did that,’” said Rickan. 

Step by step through the apprenticeship 

“Once they show us they’ve [mastered a particular skill], then we move them on to the next stage,” said Maillet, “For instance, after showing they can run the manual machines, we move them to milling equipment with numerical controls. Then they start programming with computers; using 3D files created by our engineers, they start actually cutting steel.” Eventually, they get to the 16-tool changer and the higher-end work. And then on to another department. 

Along the way, apprentices meet with both the experienced staff at SyBridge and with Monty Tech faculty to review expectations. Each step of advancement through the apprenticeship comes only after demonstrating the ability to perform previous steps.  

“Students record each of the skills they learn every day,” said Maillet. Those records become a valuable reference document throughout their journeys as apprentices, and as they move into full-time employment. 

The Monty Tech/SyBridge apprenticeship program enrolls one student per year. The program alternates weeks students spend attending school and working at SyBridge, so skills can be reinforced in both the apprenticeship program and classes. 

“It’s cool to be able to come to the workplace and say, ‘Oh, what they’re teaching us [at school] is actually very useful,’” said Rickan.  

Learning outside the lecture hall 

One of the highlights of the apprenticeship program is that former students pass on the skills and habits they have learned to newer students. Students share the tacit knowledge they pick up from experienced mold-makers and machinists, like securing workpieces, locating the zero point (starting position) on the workpiece, and keeping their work area very clean. This is especially important for the precision work that SyBridge is known for; starting with a clean mill ensures debris from previous jobs will not alter tolerances for the next job. 

“We have a very strong emphasis on making sure the part [in process] falls within certain tolerances,” said Rickan. In addition to setting up the workspace properly and having the specialized equipment required for precise tolerances, “we need to know how to get the part within those tolerances.” 

Toward expertise that invents tomorrow’s tooling  

Maillet likes to say that while most people divide an inch into quarters, eighths, and sixteenths, he and the highly specialized journeymen machinists at SyBridge divide an inch into 10,000 sections.  Here, tools are regularly manufactured with .0002” tolerances (as compared to a standard sheet of printer paper which is about 20 times thicker at .004”). Observing and maintaining tolerances is critical to any machined part moving forward. That ability to work with very tight tolerances is an uncommon one; it’s also why the new apprentice enters the program only after being vetted by Monty Tech staff and instructors. Throughout their program, class subjects dovetail with real-world experience at SyBridge to reinforce skills that will prove useful over a lifetime.  

Training students with experienced machinists has proven to be very productive for Maillet. Maillet noted that when he ran an ad for an experienced machinist, “90% of people don’t even know what a machinist is.” Meanwhile, Monty Tech (which is half a mile from SyBridge) has 25 potential students who are already interested and poised to learn new machinist skills. The bottom line is that Maillet can train and then hire experienced workers right into his shop —resulting in a scenario that benefits the students and the company.  

“As an industry, we are actually in a time of rebuilding our skills here in the US,” said Maillet. “Tooling and mold-making were strong in the 1980s and 1990s, but then moved offshore for a lot of years.” After COVID-19 and the renewed focus on supply chain management, Maillet noted that interest in skilled mold and tool making had surged.  

Rebuilding the craft of injection mold tooling means students remain in the community, earn a good salary, and help advance the art and science of mold-making. 

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SyBridge Technologies Awarded GM’s Supplier Quality Excellence Award 2023 https://sybridge.com/sybridge-awarded-gm-supplier-quality-excellence-award-2023/ Mon, 17 Jun 2024 15:15:23 +0000 https://sybridge.com/?p=5864 SyBridge Technologies is proud to announce we have been awarded the 2023 General Motors Supplier Quality Excellence Award (SQEA). The GM SQEA award recognizes top-performing suppliers who meet or surpass a stringent set of quality performance criteria and have received cross-functional endorsement from the entire GM organization throughout the 2023 calendar year. “As we continue […]

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SyBridge Technologies is proud to announce we have been awarded the 2023 General Motors Supplier Quality Excellence Award (SQEA).

The GM SQEA award recognizes top-performing suppliers who meet or surpass a stringent set of quality performance criteria and have received cross-functional endorsement from the entire GM organization throughout the 2023 calendar year.

“As we continue to navigate an ever-challenging environment, know that your dedication to quality and shared goals is deeply appreciated. On behalf of our entire Global Supplier Quality Team, congratulations on your remarkable achievements in 2023 and we would like to thank you and your team for consistently providing support and being a valued partner.”

– Rick Demuynck, Executive Director – GM Global Supplier Quality & Development

“It is a great honor to be recognized again. We are committed to continuously exceed quality standards in the auto industry for 2024 and beyond.”

– John Yezback, Vice President – Sales M&IS

This award is a testament to our team’s dedication, outstanding performance and service we provide our customers across their product lifecycle.

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Sybridge Technologies Acquires Cavaform Inc. https://sybridge.com/sybridge-technologies-acquires-cavaform-inc/ Tue, 14 Feb 2023 18:02:04 +0000 https://sybridge.com/?p=731 Cavaform, a Leader in Tight Tolerance Precision Tooling and Molding, Adds to SyBridge’s Life Sciences & Consumer Portfolio, Expands Supportive Molding Capabilities

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SyBridge Technologies (“SyBridge”), a company dedicated to providing value-added design and manufacturing solutions across multiple industries, announced today that it has acquired Cavaform, Inc. (“Cavaform”), a leader in the tight tolerance precision tooling and molding market. This transaction represents Sybridge’s 15th acquisition since its inception in 2019.

Headquartered in St. Petersburg, Florida, Cavaform expands SyBridge’s presence in the high precision life sciences end-market.  Cavaform’s wholly owned subsidiary, MTM&D, is a leader in supportive molding for a wide range of life science and consumer applications.

For over 40 years, Cavaform has been known for its innovative solutions in close tolerance tooling.  Cavaform’s customers range across many end markets but is renowned for its solutions in the medical disposables, personal care and intravenous (IV) catheter tipping tool industries.  In 2008, Cavaform started MTM&D as a testing and qualifications business, which quickly expanded into full “art to part” molding offerings.

New York-based private equity firm Crestview Partners established SyBridge Technologies in 2019 to create and build a market leading value-added manufacturing solutions provider spanning end-markets, geographies, and advanced technological capabilities.

Byron J. Paul, CEO of SyBridge Technologies, said of the transaction, “Cavaform is another important step in our transformation to be the partner of choice for advanced technology-driven design and manufacturing solutions. Cavaform and MTM&D adds to our capabilities in high precision tooling for the life-sciences segment and extends our ability to fulfill needs across the product lifecycle. “

Dave Massie, Owner and President of Cavaform, commented “We are pleased to join and be a part of SyBridge Technologies’ growing family of exciting companies. The combination of Cavaform’s experience and SyBridge’s breadth of design, prototyping, tooling and software capabilities creates an exciting platform for growth.”

Bill McDonough, President of SyBridge’s Consumer & Life Sciences Business Unit, added, “Dave Massie has done an outstanding job in building and maintaining a high-quality, close precision tooling and molding company. We are excited to welcome the new members to our team and look forward to working together to support our customers’ continued growth.”

About SyBridge Technologies 

SyBridge Technologies was established in 2019 by Crestview Partners to create a global technology leader that provides value-added design and manufacturing solutions across multiple industries. SyBridge is the combination of 14 acquisitions of industry leaders made to combine different products, services and technologies into a singular technology enabled solution. SyBridge is based in Southfield, Michigan and has operations in the United States, Canada, Mexico and Ireland. For more information, please visit www.sybridge.com.

About Crestview Partners

Founded in 2004, Crestview is a private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: industrials, media, and financial services. For more information, please visit us at www.crestview.com.

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SyBridge Technologies Acquires Galway Tool & Mould https://sybridge.com/sybridge-acquires-galway-tool-and-mould/ Mon, 10 Oct 2022 17:13:51 +0000 https://sybridge.com/?p=34 This transaction marks SyBridge’s first acquisition in Europe, further expanding their customer base and footprint in the life sciences end-markets.

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Galway is Sybridge’s First Acquisition In Europe, Adds To Life Sciences & Consumer Portfolio 

Transaction Marks SyBridge’s Thirteenth Acquisition in Three Years 

SyBridge Continues to Develop into an Industrial Technology Solutions Partner

Southfield, Michigan and Galway, Ireland –October 11, 2022 – SyBridge Technologies (“SyBridge”), a global industrial technology company, announced today that it has acquired Galway Tool & Mould Limited (“Galway”), a leader in the precision tooling market.  Galway Tool & Mould is headquartered in Galway, Ireland and expands SyBridge’s presence in the high precision life sciences end-market.  This transaction represents Sybridge’s first investment in Europe and its thirteenth acquisition since inception in 2019.

For more than 30 years, Galway has been a leader in designing and manufacturing high precision, high performance molds, primarily for the pharmaceutical and medical device industries.  Its location in Galway, Ireland places it at the epicenter of Ireland’s more than 300 medical technology manufacturers. Galway provides full end-to-end solutions, from design and engineering to aftermarket parts, spares and repairs.

New York based private equity firm Crestview Partners established SyBridge Technologies in 2019 and committed $200 million of equity capital to create a market leading value-added manufacturing solutions provider spanning end-markets, geographies, and advanced technological capabilities.

Byron J. Paul, CEO of SyBridge Technologies, said of the transaction, “Galway is an excellent addition to SyBridge’s growing industrial technology platform.  They have a long and proven track record of exceeding customer expectations in applications that require high levels of precision and quality. This transaction also marks an important milestone for SyBridge by expanding our footprint into Europe.  The addition of Galway to our Life Sciences business allows us to better serve our global customers through our operations in North America and now Europe.”

Bill McDonough, President of SyBridge’s Consumer & Life Sciences Business Unit, added, “Padraig McFadden, Galway Founder and Managing Director, has done an outstanding job in building and maintaining a high-quality life sciences tooling company. Under Padraig’s continuing leadership, we are confident that the entire Galway team will enhance our range of global solutions. We are excited to welcome the new members of our team and look forward to working together to support our customers’ continued growth.”

 Padraig McFadden, Founder and Managing Director of Galway, commented “We are very pleased to be part of SyBridge Technologies. The combination of Galway’s expertise in the field and SyBridge’s breadth of manufacturing and technology capabilities across North America enhances opportunities for our customers and employees alike.”

About SyBridge Technologies

SyBridge Technologies was established in 2019 by Crestview Partners to create a global technology leader that provides value-added design and manufacturing solutions across multiple industries. SyBridge is the combination of 13 acquisitions made to combine different products, services and technologies into a singular technology enabled solution. SyBridge is based in Southfield, Michigan and has operations in the United States, Canada, Mexico and Ireland. For more information, please visit www.sybridge.com.

About Galway Tool & Mould

Galway Tool & Mould design and manufacture outstandingly precise, high-performance, cost-effective injection molds. They bring your concept through to complex injection mold solutions. Over 30 years of reliability, innovation and superior quality has made them the preferred partner to many of the World’s leading Pharmaceutical and Medical Device Manufacturers.  For more information, please visit www.galwaytoolandmould.com.

About Crestview Partners

Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: industrials, media, and financial services. For more information, please visit us at www.crestview.com.

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SyBridge Technologies’ Board of Directors Announces Byron J. Paul as Ceo https://sybridge.com/sybridge-technologies-announces-new-ceo-byron-paul/ Tue, 06 Sep 2022 13:02:00 +0000 https://sybridge.com/?p=525 Southfield, Michigan – September 6, 2022 – The SyBridge Technologies’ Board of Directors is pleased to announce that Byron J. Paul has joined SyBridge Technologies (“SyBridge” or the “Company”) as Chief Executive Officer and will also serve as a member of the Board of Directors.

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Southfield, Michigan – September 6, 2022 – The SyBridge Technologies’ Board of Directors is pleased to announce that Byron J. Paul has joined SyBridge Technologies (“SyBridge” or the “Company”) as Chief Executive Officer and will also serve as a member of the Board of Directors.  Mr. Paul will build upon the Company’s strategic vision of becoming a global technological leader in value-added design and manufacturing solutions ranging from design and prototyping to production-as-a-service and aftermarket services for customers.  Mr. Paul brings extensive experience in industrial technology and a 20+ year track record of driving profitable growth in complex, global enterprises.

Mr. Paul was most recently Group President at Signode Industrial Group where he led a global portfolio of businesses focused on end-of-line packaging technologies and warehouse automation solutions.  He previously served as President of Destaco, a leading designer and manufacturer of precision engineered components for industrial automation and robotics applications. Mr. Paul has also held senior leadership roles at John Crane, a leader in rotating equipment solutions, and at the Boston Consulting Group.  Mr. Paul holds an MBA from the Kellogg School of Management at Northwestern University and a Master of Public Administration from Harvard University’s Kennedy School of Government. He also attended the University of Western Australia where he earned a Bachelor of Commerce with first class honors in accounting and finance.

Mr. Paul stated, “I am thrilled to be joining a world-class team at SyBridge Technologies. They have done an outstanding job expanding SyBridge Technologies’ global reach, growing from 3 sites in 2019 to 16 locations today. I look forward to partnering with the Board and Crestview Partners as we embark on the next phase of growth to build an unrivaled leader in digital manufacturing.”

Jason Luo, Chairman of SyBridge Technologies and Crestview Operating Executive noted, “Byron is a committed leader with a proven track record of successfully growing businesses and we are excited to partner with him as we plan to execute on the Company’s next chapter of growth.”

About SyBridge Technologies

SyBridge Technologies was established in 2019 by Crestview Partners to create a global technology leader that provides value-added design and production solutions across multiple industries. SyBridge is the combination of 12 acquisitions made to combine different products, services and technologies into a singular technology enabled solution. SyBridge is based in Southfield, Michigan, with 16 locations throughout the United States, Canada and Mexico. For more information, please visit www.sybridge.com.

About Crestview Partners

Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: industrials, media, and financial services. For more information, please visit us at www.crestview.com.

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SyBridge Technologies Acquires Calframax Technologies https://sybridge.com/sybridge-acquires-calframax-technologies/ Wed, 03 Aug 2022 15:00:00 +0000 https://sybridge.com/?p=524 SyBridge Technologies (“SyBridge”), a global industrial technology company, announced today that it has acquired Calframax Technologies, Inc. (“Calframax”), a leader in the precision tooling market and headquartered in Oldcastle, Ontario Canada. Calframax expands SyBridge’s presence in the consumer end-market.

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Calframax is Sybridge’s First Acquisition Focused on the Consumer End-Market

–Transaction Marks SyBridge’s Twelfth Acquisition in Three Years–

SyBridge Continues to Develop into an Industrial Technology Solutions Partner
for Customers in High-Growth Industries

SyBridge Technologies (“SyBridge”), a global industrial technology company, announced today that it has acquired Calframax Technologies, Inc. (“Calframax”), a leader in the precision tooling market and headquartered in Oldcastle, Ontario Canada. Calframax expands SyBridge’s presence in the consumer end-market. This transaction marks SyBridge’s twelfth acquisition since inception in 2019.

 Calframax, founded in 1995, is a leader in the construction of precision molds, with market leadership in the manufacturing of rigid plastic molds serving both the consumer goods and industrial pails market.  Calframax also supports its customers throughout the production process from design and engineering to aftermarket parts, spares and repairs. Calframax is Sybridge’s first acquisition that is focused on the consumer end-market.

SyBridge Technologies was established in 2019 by Crestview Partners, a New York based private equity firm, who committed $200 million of equity to create a market leading value-added manufacturing solutions provider spanning end-markets, geographies, and advanced technological capabilities.

Tony Nardone, CEO of SyBridge, said of the transaction, “Calframax is an exciting expansion into rigid plastic mold making and continues our vision of building a leadership position in consumer goods markets. The combination of Calframax’s and SyBridge’s capabilities will enable us to better serve Calframax customers throughout North America. With this transaction, SyBridge will be able to leverage its full network of capabilities to seamlessly serve consumer goods customers in North America.”

Bill McDonough, President of SyBridge’s Consumer & Life Sciences Business Units, added, “Calframax owners Joe Gasparovic and Ray Little have done a great job in building a top tier consumer tooling company. The entire Calframax team will strengthen the Sybridge franchise. We are excited to welcome new team members and work together to support our customers’ continued growth investments.”

Calframax’s owners, Joe Gasparovic & Ray Little, commented “We are very pleased to be part of SyBridge Technologies. Joining forces with their platform is a natural next step in the evolution of our company. We look forward to the opportunities this transaction creates for our customers and employees.”
About SyBridge Technologies

SyBridge Technologies was established in 2019 by Crestview Partners to create a global technology leader that provides value-added design and production solutions across multiple industries. SyBridge is based in Southfield, Michigan. For more information, please visit www.sybridge.com.
About Calframax Technologies

Founded in 1995, Calframax provides design & engineering, precision manufacturing and aftermarket services for customers in the consumer and industrial packaging. Calframax is located in Oldcastle, Ontario. For more information, please visit www.calframax.com.
About Crestview Partners

Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: industrials, media, and financial services. For more information, please visit www.crestview.com.

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Advantage Engineering Awarded GM’s Supplier Quality Excellence Award 2021 https://sybridge.com/gm-supplier-quality-excellence-award-2021-advantage-engineering/ Wed, 29 Jun 2022 19:57:47 +0000 https://sybridge.com/?p=523 GM Supplier Quality Excellence Award (SQEA) 2021 awarded to Advantage Engineering (acquired by SyBridge March 2022).

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Congratulations to Advantage Engineering (acquired by SyBridge March 2022) for being awarded General Motor’s Supplier Quality Excellence Award 2021 – for the second year in a row!

GM SQEA Winner – 2 years running

“Suppliers who receive this award recognition have met or exceeded a very stringent set of quality performance criteria and have received the cross-functional support of the entire GM organization for the calendar year 2021.” – General Motors.

About SyBridge Technologies

SyBridge Technologies was established in 2019 by Crestview Partners to create a global technological leader that provides value-added design and production solutions across multiple industries. SyBridge is based in Southfield, Michigan. For more information, please visit www.sybridge.com.

About Advantage Engineering Inc.

Founded in 1994, Advantage Engineering provides rapid prototyping, additive manufacturing and low volume production services for customers in automotive, medical, aerospace and consumer goods industries. Advantage is located in Windsor, Ontario. For more information, please visit https://www.tryadvantage.com.

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SyBridge Technologies Acquires Wachusett Precision Tool Inc. https://sybridge.com/sybridge-acquires-wachusett-precision-tool-inc/ Tue, 03 May 2022 11:30:00 +0000 https://sybridge.com/?p=521 This transaction further expands SyBridge’s customer base and footprint in the life sciences and consumer end markets. WPT complements SyBridge’s Life Sciences facilities in California and Pennsylvania with a center in Massachusetts. This transaction marks SyBridge’s eleventh acquisition since its inception in 2019.

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–Transaction Marks SyBridge’s Eleventh Acquisition in Three Years–

SyBridge Technologies (“SyBridge), a global industrial technology company, announced today that it has acquired Wachusett Precision Tool (“WPT”). This transaction further expands SyBridge’s customer base and footprint in the life sciences and consumer end markets. WPT complements SyBridge’s Life Sciences facilities in California and Pennsylvania with a center in Massachusetts. This transaction marks SyBridge’s eleventh acquisition since its inception in 2019.

WPT is a fast-growing manufacturer of high-precision prototype, pilot and production molds for medical and consumer packaging customers. With a dedicated cleanroom environment, WPT is capable of supportive low-volume medical molding during the product certification or ramp-up phase. Located outside of Boston, MA, WPT is close to many pharmaceutical, medical devices, and consumer products customers. As a part of SyBridge’s Life Sciences business unit, WPT will leverage the SyBridge platform’s design, engineering, supply chain, and production capabilities to better serve and grow with its customers in the Northeast region and serve SyBridge’s broader global customer base.

“WPT is one of the fastest-growing tooling companies in North America and will accelerate SyBridge’s expansion in the strategically important life sciences and consumer markets,” said Tony Nardone, CEO of SyBridge. “The combination of WPT and SyBridge Life Sciences’ existing northeast facility in Erie, PA will give us a strong presence in serving our customers in the region. In addition to the Rancho Cucamonga, CA, facility, SyBridge can increasingly seamlessly serve life sciences’ customers coast-to-coast.”

“WPT’s current owners Mike Carignan and Matt Saunders have been instrumental in building a best-in-class medical tooling company in a very short time. Their addition to the SyBridge team will strengthen our business,” said Bill McDonough, President of SyBridge’s Life Sciences Business Unit. “We are excited to welcome new team members and work together to continue to provide the quality and innovation that underpins our customers’ success.”

About SyBridge Technologies

SyBridge Technologies was established in 2019 by Crestview Partners to create a global technology leader that provides value-added design and production solutions across multiple industries. SyBridge is based in Southfield, Michigan. For more information, please visit www.sybridge.com.

About Wachusett Precision Tool

Founded in 2016, WPT is a full-service leader in the design and manufacture of a full range of prototype, pilot and class 101 production molds for the medical products, medical devices and consumer packaging industries. WPT is located in Fitchburg, Massachusetts. For more information, please visit www.wachusettprecisiontool.com

About Crestview Partners

Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: industrials, media, and financial services. For more information, please visit www.crestview.com.

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SyBridge Technologies Acquires Advantage Engineering Inc. https://sybridge.com/sybridge-acquires-advantage-engineering-inc/ Mon, 21 Mar 2022 12:00:00 +0000 https://sybridge.com/?p=519 This transaction continues to advance SyBridge’s Technology & Services business unit by expanding SyBridge’s suite of end-to-end industrial technology solutions for customers. Advantage represents SyBridge’s sixth acquisition in the last twelve months.

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— Acquisition Adds Advanced Rapid Prototyping and 3D Printing Capabilities —

— SyBridge Continues to Develop into an Industrial Technology Solutions Partner
for Customers in High-Growth Industries —

 

Southfield, Michigan – March 21, 2022 – SyBridge Technologies (“SyBridge”), a global industrial technology company, announced today that it has acquired Advantage Engineering Inc. (“Advantage”), a leading provider of rapid prototyping and additive manufacturing solutions headquartered in Windsor, Ontario. This transaction continues to advance SyBridge’s Technology & Services business unit by expanding SyBridge’s suite of end-to-end industrial technology solutions for customers. Advantage represents SyBridge’s sixth acquisition in the last twelve months.

New York based private equity firm Crestview Partners established SyBridge Technologies in 2019 and committed $200 million of equity to create a market leading value-added manufacturing solutions provider spanning end-markets, geographies, and advanced technological capabilities.

The acquisition of Advantage enables SyBridge to offer state of the art online quoting for digital rapid prototyping and additive manufacturing. This online quoting process will be a part of SyBridge IoT Cloud – the Company’s digital platform. Advantage’s proficiencies in plastic and metal 3D printing, aluminum tooling production, and low volume plastic injection molding build out SyBridge’s comprehensive set of industrial technology solutions. These solutions enable SyBridge to better serve customers in the fast-growing electric vehicle, life sciences and consumer products markets.

“Advantage has been a leader in rapid prototyping throughout North America for 27 years,” said Andy Aiton, President of the SyBridge Technology & Services business unit. “This acquisition will allow SyBridge to better engage with customers during the product development phase. By utilizing a wide range of in-house capabilities and digital technologies, we can now generate an online quote within minutes and prototype parts in days. With the addition of bridge tooling capabilities, we can now effectively “bridge” the gap between low and high production volumes for our customers. These additional capabilities will position SyBridge as the supplier of choice for the rapidly growing electric vehicle market in addition to the life sciences, consumer and other high-growth industries.”

Tony Nardone, CEO of SyBridge, added, “Advantage helps to add a critical piece of the puzzle in SyBridge’s development into a comprehensive industrial technology solutions partner to our customers. As a single point of contact with e-commerce and IoT services, we can reduce lead-times and improve quality to best meet our customers’ product development, low volume production, tooling, and service & repair needs.”

About SyBridge Technologies

SyBridge Technologies was established in 2019 by Crestview Partners to create a global technology leader that provides value-added design and production solutions across multiple industries. SyBridge is based in Southfield, Michigan. For more information, please visit www.sybridge.com.

About Advantage Engineering Inc.

Founded in 1994, Advantage Engineering provides rapid prototyping, additive manufacturing and low volume production services for customers in automotive, medical, aerospace and consumer goods industries. Advantage is located in Windsor, Ontario. For more information, please visit https://www.tryadvantage.com/

About Crestview Partners

Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: industrials, media, and financial services. For more information, please visit us at www.crestview.com.

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Acquisitions of Action Tooling and Lakeshore Fixture & Gauge https://sybridge.com/sybridge-acquired-action-tooling-and-lakeshore-fixture/ Tue, 04 Jan 2022 12:00:00 +0000 https://sybridge.com/?p=518 Both transactions further expand SyBridge’s Tech & Services business unit and make SyBridge an end-to-end solutions provider. Action and Lakeshore represent SyBridge’s fifth and sixth acquisitions in 2021.

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SyBridge Technologies (“SyBridge”), a global industrial technology company, announced today that it has completed the acquisition of Action Tooling LLC (“Action”) and Lakeshore Fixture & Gauge Ltd. (“Lakeshore”). Both transactions further expand SyBridge’s Tech & Services business unit and make SyBridge an end-to-end solutions provider. Action and Lakeshore represent SyBridge’s fifth and sixth acquisitions in 2021.

New York-based private equity firm Crestview Partners established SyBridge Technologies in 2019 and committed $200 million of equity to create a market-leading value-added manufacturing solutions provider spanning across end-markets, geographies, and advanced technological capabilities.

The acquisition of Action enables SyBridge to better serve its customers in the Midwest region. The addition of this Grand Rapids, Michigan service center expands SyBridge’s customer service network to five dedicated service facilities in strategic areas across North America.

Through its acquisition of Lakeshore, SyBridge will have in-house capabilities to design, manufacture, certify and service fixtures, gauges and end-of-arm tooling. This marks a significant step for SyBridge to offer a full suite of industrial technology solutions to customers in the mobility, life sciences, consumer products and other industries.

“Action has been a service-oriented company throughout its 25-year history with an exceptionally strong customer-first mindset and is next door to many of SyBridge’s top customers,” said Andy Aiton, President of SyBridge Tech & Services Business Unit. “The Action acquisition is core to our strategy of supporting customers with dedicated service centers within a closer proximity.”

Tony Nardone, CEO of SyBridge, added, “With the creation of the SyBridge Tech & Services Business Unit last year, we not only continued adding service centers but also expanded our business scope to fixtures, gauges, end-of-arm tooling, prototyping, additive manufacturing and IoT services. The acquisition of Lakeshore supports our strategic goal of becoming a leading industrial technology solutions provider.”

About SyBridge Technologies 

SyBridge Technologies was established in 2019 by Crestview Partners to create a global technology leader that provides value-added design and production solutions across multiple industries. SyBridge is based in Southfield, Michigan. For more information, please visit www.sybridge.com.

About Action Mold & Machining and Action Tooling

Founded in 1997, Action Mold & Machining is a recognized leader in engineering changes and repair services for the Western Michigan region. Action Tooling is its tooling division and is located in Grand Rapids, MI. Please visit us at www.sybridge.com.

About Lakeshore Fixture & Gauge

Founded in 1996, Lakeshore Fixture & Gauge Ltd designs manufactures and certifies fixtures and gauges for automotive and other industries. It is located in Windsor, Ontario Canada. Please visit us at www.sybridge.com.

About Crestview Partners

Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: industrials, media, and financial services. For more information, please visit us at www.crestview.com.

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