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New Deal


Announced

SyBridge Technologies to acquire Fast Radius.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Friendly

Domestic

Single Bidder

Majority

Acquisition

Software

software development

United States

Private

Private Equity

Synopsis

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SyBridge Technologies, a global industrial technology company, agreed to acquire Fast Radius, a provider of digital manufacturing solutions. Financial terms were not disclosed. "I am thrilled to be bringing Fast Radius into the SyBridge family. Combining Fast Radius' leading cloud manufacturing and artificial intelligence platform with our global design, prototyping and manufacturing network materially accelerates our vision of being a leading global industrial technology company. We will be able to support our customers throughout their product lifecycle – from product design, engineering and prototyping through tool production, supportive molding, and finally preventative maintenance and repair. We look forward to bringing the Fast Radius team onboard, and together, becoming the preferred design and manufacturing partner to our global customers," Byron J. Paul, SyBridge Technologies CEO.

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