SyBridge Technologies, a global industrial technology company, has completed the acquisition of Pyramid Mold and Tool. This transaction, the fifth acquisition by SyBridge in the past 10 months, further expands SyBridge’s customer base and presence in the life sciences end markets.
New York-based private equity firm Crestview Partners founded SyBridge Technologies in 2019, providing $ 200 million in equity to create a value-adding manufacturing solutions provider that spans end markets, regions and advanced technology capabilities.
Based in Rancho Cucamonga, Calif., Pyramid manufactures precision, multi-cavity plastic injection molding tools with a focus on the life sciences industry while serving personal care and select industrial markets. The company was founded in 1995 and uses the most modern engineering and manufacturing capacities to offer precise and effective customer solutions.
The acquisition of Pyramid expands SyBridge’s ability to provide highly complex, precision tooling solutions for the life sciences and other target industries. As part of a larger company, Pyramid will leverage SyBridge’s design, engineering, supply chain and manufacturing capabilities to better serve and grow with its customers.
“Pyramid is a great company and represents a significant step in SyBridge’s journey to building a leading franchise in life sciences manufacturing solutions,” said Tony Nardone, CEO of SyBridge. “With this acquisition, SyBridge’s Life Sciences Business Unit now has a strong presence in both East and West North America to better serve our customers. Our strategy is to grow our life sciences customer base through organic growth and selective Further expand acquisitions. ” to expand the capabilities and regions of SyBridge.
“Pyramid’s superior high-precision tooling capabilities are an ideal fit for our platform and will enable us to better serve our customers,” said Bill McDonough, President of SyBridge’s Life Sciences Business Unit.