M&A Deal Summary

Syneo Acquires Engineering By Design

On December 16, 2020, Syneo acquired machinery company Engineering By Design

Acquisition Highlights
  • This is Syneo’s 1st transaction in the Machinery sector.
  • This is Syneo’s 1st transaction in the United States.
  • This is Syneo’s 1st transaction in California.

M&A Deal Summary

Date 2020-12-16
Target Engineering By Design
Sector Machinery
Buyer(s) Syneo
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Lockhart Group (Financial)

Target

Engineering By Design

San Jose, California, United States
Engineering By Design is one of the nation's premier machine builders. Engineering By Design serves a wide variety of industries from medical to nuclear, from companies that face extreme environments to companies that demand the highest levels of technology. Engineering By Design was founded in 1985 and is based in San Jose, California.

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Buyer(S) 1

Buyer

Syneo

West Palm Beach, Florida, United States

Category Company
Founded 2011
Sector Machinery
DESCRIPTION

Syneo is a provider of manufacturing equipment, cutting tools, and services for the medical device and electronics manufacturing industries. Syneo's primary solutions serve catheter, guidewire, and minimally-invasive medical device applications. The company’s comprehensive lines of Accu-branded and Syneo Sharp products are known for delivering an unparalleled level of sharpness and precision, enhancing catheter and surgical device applications through automated handling, cutting, drilling, and precision hole-punching capabilities. Syneo was formed in 2011 and is based in West Palm Beach, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1