SyBridge Technologies, a global industrial technology company and portfolio company of Crestview Partners, has acquired Action Tooling LLC and Lakeshore Fixture & Gauge Ltd.
The deal will expand SyBridge’s tech & services business unit and establish the firm as an end-to-end services provider. The addition of Action Tooling expands SyBridge’s reach through the midwest and brings the firm to five dedicated service facilities.
SyBridge’s purchase of Lakeshore adds in-house capabiliites to design, manufacture, certify and service fixtures, gauges and end-of-arm tooling. The deal will allow SyBridge to offer a full suite of industrial technology services to various end markets including mobility, life sciences, consumer products and others.
“With the creation of the SyBridge Tech & Services Business Unit last year, we not only continued adding service centers, but also expanded our business scope to fixtures, gauges, end-of-arm tooling, prototyping, additive manufacturing and IoT services,” commented Tony Nardone, CEO of SyBridge. “The acquisition of Lakeshore supports our strategic goal of becoming a leading industrial technology solutions provider.”