SyBridge Technologies Obtains Cavaform Inc. for 15th Acquisition
Florida-based Cavaform designs and manufactures tight-tolerance plastic injection molds, adding to SyBridge’s life sciences and consumer portfolio, and extending its supportive molding capabilities.
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SyBridge Technologies has acquired Cavaform Inc., a company that serves 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 known for its supportive molding for a wide range of life science and consumer applications.
For more than 40 years, Cavaform has been known for its innovative solutions in close tolerance tooling. Cavaform’s customers range across many end markets but is said to be 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.
“Cavaform is another important step in our transformation to be the partner of choice for advanced technology-driven design and manufacturing solutions,” Byron J. Paul, CEO of SyBridge Technologies, says. “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.”
According to Bill McDonough, president of SyBridge’s Consumer & Life Sciences Business Unit, added, “Dave Massie [Cavaform owner and president] 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.”
Learn more about SyBridge’s other acquisitions here.
