Sintavia, LLC, a Davie, FL-based 3-D printing producer of parts for aerospace and defense original equipment manufacturers around the world, received a $10m initial capital investment.
Neff Capital Management LLC, a private equity firm based in Ft. Lauderdale, FL, made the investment which will be rolled out in the coming 24 months as the company grows and develops its capabilities.
Led by Doug Hedges, General Manager, Sintavia will produce parts based on the exacting quality control standards required by the aerospace and defense industry. In addition to a serial production capability, the company will maintain a metallurgical and metrology lab.
In addition to Sintavia, Neff Capital Management’s portfolio companies include CTS Engines, LLC, CTS Testing, LLC, and Apogee Investment Partners LLC, a real estate holding company.