SyBridge Technologies has acquired Wachusett Precision Tool which further expands SyBridge’s customer base and footprint in the life sciences and consumer end-markets. Wachusett Precision Tool complements SyBridge’s Life Sciences facilities in California and Pennsylvania with a center in Massachusetts. This transaction marks SyBridge’s eleventh acquisition since its inception in 2019.
Wachusett Precision Tool is a fast-growing manufacturer of high precision prototype, pilot and production molds for medical and consumer packaging customers. With a dedicated clean room environment, Wachusett Precision Tool is capable of supportive low volume medical molding during the product certification or ramp-up phase.
Located outside of Boston, MA, Wachusett Precision Tool is close to many pharmaceutical, medical devices, and consumer products customers. As a part of SyBridge’s Life Sciences business unit, Wachusett Precision Tool will leverage the SyBridge Technologies platform’s design, engineering, supply chain, and production capabilities to better serve and grow with its customers in the Northeast region and serve SyBridge’s broader global customer base.
“Wachusett Precision Tool is one of the fastest growing tooling companies in North America and will accelerate SyBridge’s expansion in the strategically important life sciences and consumer markets,” said Tony Nardone, CEO of SyBridge Technologies. “The combination of Wachusett Precision Tool and SyBridge Life Sciences’ existing northeast facility in Erie, PA will give us a strong presence in serving our customers in the region. In addition to the Rancho Cucamonga, CA, facility, SyBridge can increasingly seamlessly serve life sciences customers coast-to-coast.”
“Wachusett Precision Tool’s current owners Mike Carignan and Matt Saunders have been instrumental in building a best-in-class medical tooling company in a very short time. Their addition to the SyBridge team will strengthen our business,” said Bill McDonough, President of SyBridge’s Life Sciences Business Unit. “We are excited to welcome new team members and work together to continue to provide the quality and innovation that underpins our customers’ success.”