Clairfield advises Advantage Engineering on the sale to SyBridge Technologies
Advantage Engineering Inc, a provider of prototyping, additive manufacturing, and low-volume production, was sold to SyBridge Technologies Inc., a global industrial technology company established by Crestview Partners in 2019.
Advantage Engineering Inc, a provider of prototyping, additive manufacturing, and low-volume production, was sold to SyBridge Technologies Inc., a global industrial technology company established by Crestview Partners in 2019.
Advantage Engineering is a leading Canadian provider of rapid prototyping, additive manufacturing, and low-volume production serving OEMs and Tier I/II suppliers in the automotive industry, as well as select customers in the medical and consumer products industries. Founded in 1994 as a CNC & CAD design firm, Advantage has since developed state-of-the-art production molding and assembly capabilities.
SyBridge Technologies is a Michigan-based global industrial technology company established by Crestview Partners in 2019. Serving clients across multiple Industries, Sybridge provides a comprehensive value-added design and production solutions.
The transaction was strategic in nature as SyBridge Technologies looked to expand their presence in the Canadian marketplace and diversify their business by offering solutions to the automotive industry which Advantage Engineering predominantly specializes in.
Clairfield International in Canada acted as the exclusive financial advisor to Advantage Engineering Inc.
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