–Cavaform, a Leader in Tight Tolerance Precision Tooling and Molding, Adds to SyBridge’s Daily life Sciences & Customer Portfolio, Expands Supportive Molding Capabilities–
–Transaction Marks SyBridge’s 15th Acquisition Considering the fact that 2019–
–SyBridge is Groundbreaking Manufacturing for the Digital Age–
SOUTHFIELD, Mich., Feb. 14, 2023 /PRNewswire/ — SyBridge Systems (“SyBridge”), a enterprise committed to supplying price-added style and production methods across several industries, declared nowadays that it has obtained Cavaform, Inc. (“Cavaform”), a leader in the tight tolerance precision tooling and molding industry. This transaction signifies Sybridge’s 15th acquisition because its inception in 2019.
Headquartered in St. Petersburg, Florida, Cavaform expands SyBridge’s existence in the high precision existence sciences conclude-industry. Cavaform’s wholly owned subsidiary, MTM&D, is a chief in supportive molding for a huge selection of lifetime science and buyer applications.
For around 40 yrs, Cavaform has been known for its modern alternatives in shut tolerance tooling. Cavaform’s consumers selection across a lot of close markets but is renowned for its alternatives in the healthcare disposables, own treatment and intravenous (IV) catheter tipping resource industries. In 2008, Cavaform begun MTM&D as a screening and qualifications business, which immediately expanded into total “artwork to aspect” molding choices.
New York-primarily based private fairness organization Crestview Partners established SyBridge Systems in 2019 to make and create a market major price-added producing methods company spanning close-markets, geographies, and sophisticated technological capabilities.
Byron J. Paul, CEO of SyBridge Systems, stated of the transaction, “Cavaform is yet another vital step in our transformation to be the partner of preference for state-of-the-art technology-pushed design and manufacturing answers. Cavaform and MTM&D adds to our capabilities in higher precision tooling for the existence-sciences phase and extends our means to satisfy needs throughout the product or service lifecycle. “
Dave Massie, Owner and President of Cavaform, commented, “We are pleased to join and be a section of SyBridge Technologies’ expanding relatives of fascinating firms. The mix of Cavaform’s knowledge and SyBridge’s breadth of design, prototyping, tooling and software package capabilities makes an exciting system for growth.”
Monthly bill McDonough, President of SyBridge’s Client & Existence Sciences Organization Device, extra, “Dave Massie has carried out an excellent task in making and maintaining a significant-high-quality, shut precision tooling and molding firm. We are psyched to welcome the new customers to our workforce and appear forward to doing the job collectively to aid our customers’ ongoing progress.”
About SyBridge Technologies
SyBridge Technologies was recognized in 2019 by Crestview Companions to build a world wide technology leader that supplies worth-additional structure and producing options throughout various industries. SyBridge is the combination of 14 acquisitions of sector leaders designed to blend distinctive solutions, products and services and systems into a singular engineering enabled option. SyBridge is dependent in Southfield, Michigan and has operations in the United States, Canada, Mexico and Ireland. For far more data, make sure you stop by www.sybridgetech.com.
About Crestview Companions
Established in 2004, Crestview is a personal equity organization targeted on the middle marketplace. The firm is based in New York and manages cash with somewhere around $10 billion of mixture capital commitments. The company is led by a team of associates who have complementary expertise and backgrounds in personal equity, finance, operations and administration. Crestview has senior financial investment professionals targeted on sourcing and controlling investments in each individual of the specialty parts of the company: industrials, media, and financial solutions. For far more details, make sure you check out us at www.crestview.com.
For much more details, remember to call:
Jeffrey Taufield or Katie Coleman
[email protected] / [email protected]
Resource SyBridge Technologies & Crestview Companions