Aerospace component manufacturer Sintavia announces it received a $10 million subordinated debt investment from the Stifel North Atlantic AM-Forward Fund (the “Fund”).
For those who are not financial savvy, a subordinated debt investment is any type of loan that’s paid after all other corporate debts and loans are repaid, in the case of borrower default.
“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.
Furthermore, 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.
“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.”
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