# NSI Industries merges with Platinum Tools

NSI Industries, LLC announced a merger with Platinum Tools, a Newbury Park, California-based provider of datacom products. Platinum Tools employs about 40 people and will continue to operate out of Newbury Park.

- Type: Acquisition
- Announced: 2019-03-15
- Where: Newbury Park, California, United States
- Jobs: 40
- Status: completed
- Products: cable management solutions, structured wiring products, tester kits, cutters, crimpers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [NSI Industries](https://endata.com/companies/38048.md) (acquirer)
- [Platinum Tools](https://endata.com/companies/38049.md) (target)

## Sources

- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/13777450/nsi-industries-expands-its-product-portfolio-through-merger-with-platinum-tools), 2019-03-15: "The Platinum Tools product portfolio is entirely complementary to our NSI electrical solutions and will add immediate category depth."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.