Capital earmarked to refinance existing equipment loans and provide general working capital

February 11, 2025 07:59 AM Eastern Standard Time

HOLLYWOOD, Fla.–(BUSINESS WIRE)–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.

“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.”Post this

“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.

About the Stifel North Atlantic AM-Forward Fund

Launched in October 2024, Stifel North Atlantic AM-Forward, L.P. managed by North Atlantic Capital Management, a wholly owned subsidiary of Stifel, is designed to provide capital to U.S-based small business manufacturers in the aerospace and defense industries, with a specific focus on increasing additive and advanced manufacturing capabilities in the domestic supply chain. The Fund uses a range of financing structures targeted to the specific needs of small businesses. The initial funding for the Fund includes significant capital commitments from industry-leading Tier 1 defense contractors committed to improving the aerospace and defense supply chain.

About Sintavia

Sintavia is the leading all-digital component manufacturer supplying the aerospace and defense industry. The company uses a vertically integrated design and additive manufacturing capability, combined with a seamless digital production thread, to deliver next generation power and thermodynamic components, such as heat exchangers, combustors, and pumps, to lead systems integrators globally. Sintavia’s additively designed and manufactured components include the first metal AM components to ever be installed on a fighter jet and a nuclear-powered submarine. For more information visit http://www.sintavia.com.

Contacts

Sintavia, LLC
Lindsay Lewis
+1 954.474.7800

Stifel/North Atlantic Capital Management
Neil Shapiro
+1 212.271.3447

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