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October 2021

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Sybridge Technologies Completes Acquisition

SyBridge Technologies, a provider of value-added design and production solutions, has completed the acquisition of Toolstats software along with exclusive rights for related intellectual properties from CaptureMore.

With this acquisition, SyBridge will soon launch SyBridge IoT Cloud, which provides customers a cloud-based, digital services offering to more efficiently manage products throughout their lifecycles, from design to manufacturing to service and repair. It marks an important expansion in the digitization of manufacturing solutions offered by SyBridge.

"This acquisition allows us to launch SyBridge IoT Cloud to make everything we do more accurate, more efficient and more valuable to our customers," said Tony Nardone, CEO of SyBridge. "What we are accomplishing goes beyond just collecting and storing data in the cloud with easy access on mobile devices. Our aim is to provide solutions that make our customers more effective and efficient. Not just hardware, but hardware combined with software and Industry 4.0 driven data solutions."

SyBridge was established in 2019 by New York-based private equity firm Crestview Partners. Crestview committed $200 million of equity to create an industrial technology leader spanning end-markets, geographies and advanced technological capabilities to provide value-added solutions to its customers.

For more information contact:

SyBridge Technologies

20700 Civic Center Dr., Suite 430

Southfield, MI

Crestview Partners

590 Madison Ave., 42nd Floor

New York, NY 10022


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