TestEquity Acquires Techni-ToolFOR IMMEDIATE RELEASE
MOORPARK, Calif., Jul 26, 2017 -- TestEquity LLC, a one-stop, value-added provider of premium electronic Test & Measurement Equipment and eMRO Tools & Supplies, announced today that it has acquired Techni-Tool, Inc., a subsidiary of W.W. Grainger, Inc.
Founded in 1959 and based in Worcester, PA., Techni-Tool employs approximately 200 people and offers nearly 25,000 Electronic Production Supplies and related services to manufacturers in the electronics, telecommunications and medical services industries. With this acquisition TestEquity is now one of North America's largest full-line stocking distributors of Test & Measurement Equipment and eMRO Tools & Supplies.
"We are very excited to welcome the dedicated employees, customers and suppliers of Techni-Tool to TestEquity," said Dan Copsey, CEO and President of TestEquity LLC. "Our combined company allows us to provide our customers a comprehensive offering of Test & Measurement Solutions along with eMRO Tools & Supplies from a single-source supplier."
Mike Hade, Techni-Tool's General Manager continued, "We are proud to represent a group of world class suppliers, and the combination of TestEquity and Techni-Tool will bring together the best of the best in the industry when it comes to Test & Measurement and Electronic Production Supplies."# # #
About TestEquity LLC
TestEquity is a leading value-added provider of Test & Measurement Solutions, eMRO Tools & Supplies and also designs and manufactures its own line of Environmental Test Chambers in its headquarters in Moorpark, California. As a customer-centric business with highly trained and experienced product specialists across the United States, Canada and Mexico, TestEquity helps businesses by providing the industry's top brands together with innovative products and unparalleled customer service.
Visit us online at: https://www.testequity.com.