NSi Industries Acquisitions: 2000-2020
Details of five companies that were acquired by NSi Industries between 2000 and 2020 have been provided in rows 2-6, columns A-K of the attached spreadsheet. None of these companies provided the cost or value of acquisition nor the company sales at the time of acquisition. Below are some highlights on these companies.
NSI INDUSTRIES 2000-2020 ACQUISITION HIGHLIGHTS
- On September 19, 2006, NSi Industries acquired Tork, Inc. Tork's website is no longer active. However, an archive of the website can be viewed here.
- NSi Industries acquired Platinum Tools on March 14, 2019. The terms of the acquisition (including price) were not disclosed.
- Bridgeport Fittings was acquired by NSi Industries on August 12, 2019. The terms of the acquisition were undisclosed.
- On November 7, 2019, NSi Industries announced its acquisition of SullStar Technologies. The terms of the acquisition were not disclosed. SullStar Technologies' website is deactivated. Nonetheless, an archive of the company's website is provided here.
- On May 27, 2020, NSi Industries announced its acquisition of Polaris Electrical Connectors, Inc. Polaris has only one manufacturing facility which is located in the United States. The terms of the acquisition were not disclosed.
To gather data on the acquisitions made by NSi Industries between 2000 and 2020, the research team employed a number of research techniques. The team commenced research by reviewing NSi Industries website. From this activity, we were able to get information on two acquisitions (that is, Platinum Tools and Polaris) made during the specified time-frame. Next, we consulted the websites of NSi Industries owners (like Blue Capital). Here we were able to locate another acquisition (that is, SullStar Technologies). Afterwards, we expanded our search to third-party databases (like PitchBook and Crunchbase). These databases provided the name of yet another acquisition (Tork) and showed that the NSi Industries had made a total of five acquisitions. However, the databases did not provide all the names of these companies. Consequently, the team sought information on additional acquisitions from industry publications (such as, Electrical Wholesaling, EC&M, Electrical News, Electrical Business and Finsmes among others) and news aggregators (like Businesswire). These sources provided data on the remaining acquisition. As a last measure, the team also reviewed the social media pages of NSi Industries (that is, Facebook, LinkedIn, Twitter and YouTube). Having exhausted all the above research paths, we concluded that there were no additional acquisitions made by NSi Industries between 2000 and 2020.
In terms of the cost or value of acquisition and the company sales at the time of sale data, the team used the following research techniques to seek out these data points. First, the team used the research path that was used to get information on the company acquisitions. The above research path highlighted that all the companies did not disclose financial data at the time of acquisition. Next, we reviewed third-party databases (like Dun & Bradstreet and Zoominfo). These databases did not provide actual revenues for the at the specific time of acquisition but instead provided estimated annual revenues for these companies (for example, Dun & Bradstreet provided the 2018 estimated annual revenue for Polaris while the company was acquired in 2020). Therefore, these databases proved inadequate in providing the needed data. Lastly, we conducted a press scan in popular business publications (like Bloomberg, Yahoo Finance and Forbes). Unfortunately, our efforts proved futile. Subsequently, we concluded that the sought data was publicly unavailable due to the fact that all the relevant companies were privately held, meaning they are not obligated to divulge their financial data to the public.