It has been announced that the team at Odyssey Investment Partners has acquired NSi Industries in a landmark deal. For years, NSi Industries has been one of the leaders in the world of wire management. They specialize in the development, fitting, and use of electrical connectors. These tools are used throughout multiple industries including in construction, maintenance, and repair applications. One of the top brands of NSi Industries is Polaris, which makes insulated connectors. NSi Industries also has a brand known as TORK which specializes in the production of time and lighting controls. For the past 40 years, NSi Industries has built a strong reputation around providing new, innovative, and efficient quality solutions to its countless distributor partners. The team is headquartered in Huntersville, North Carolina, which is one of the northern suburbs of Charlotte. In addition, NSi Industries has expanded outside of the Southeast and has established offices on the West Coast in Newbury Park, CA along with offices in the Northeast in Stratford, CT.
An Acquisition by Odyssey
Odyssey made a push to acquire NSi Industries because of its strong reputation throughout the field. For 40 years, NSi Industries has held a strong position in the market which continues to grow. They offer a wide variety of stock options and products in a large industry that has become fragmented over the years. In essence, with the versatility of NSi Industries, there was an opportunity to build on its already strong position and make a push for the future. Therefore, Odyssey decided to make a move and capitalize on this position. This also means that the various stakeholders in NSi Industries are going to be happy as well. Odyssey has already indicated that they have a long agenda that includes expanding the current product portfolio at NSi Industries along with their strong service capabilities. This will help its distributors come up with new ways to increase their success down the road. It will be interesting to see Odyssey put this plan into action as they continue to push the industry forward.
An Overview of Odyssey Investment Partners
Odyssey Investment Partners is one of the top private equity firms in the country. They have offices in New York City, NY as well as Los Angeles, CA. They have specialized in helping middle-market companies push their products and services to become more competitive in a challenging market. They tend to target companies that have strong growth potential and provide them with the capital and management teams to accomplish their goals. Odyssey has a history of making intentional investments that have the future in mind. Odyssey has an ambitious plan in place for NSi Industries as well.
Author: IndustrialSage News
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