Capital earmarked to refinance existing equipment loans and provide general working capital
Sintavia, LLC, the world’s leading all-digital aerospace component manufacturer, announced today that it has received a $10 million subordinated debt investment from the Stifel North Atlantic AM-Forward Fund (the “Fund”). Capital from the investment, which is the first of the recently launched SBIC fund, will be used to refinance existing equipment loans and provide general working capital for the business. Additional terms of the transaction were not disclosed.
“We are honored and humbled to be the launch investment out of the new Stifel North Atlantic AM-Forward Fund,” said Brian R. Neff, Sintavia’s Founder & CEO. “It is great to see Stifel’s strong commitment to funding profitable, high-growth users of additive technology, and this new fund will certainly have a positive impact across the industry.”
“Sintavia is a fantastic fit for the mission of our Fund and Brian has proven to be a visionary leader for Sintavia, and the additive manufacturing sector more broadly,” said Mark Morrissette, Managing Director of North Atlantic Capital, a wholly owned subsidiary of Stifel. “The entire Sintavia team has done a terrific job since 2015 in building a vertically integrated, all-digital aerospace component supplier that leverages the positive benefits of additive technology, and we look forward to working with Brian in the coming years as a partner.” With the new investment, Mr. Morrissette joins Sintavia’s board of directors.
The Stifel investment comes nine months after Sintavia announced its $25 million expansion plan, which included investments in facilities, larger industrial printers, and additional post-processing equipment. The new facility became operational in January 2025.
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