M&A Deal Summary

TestEquity Acquires JENSEN Tools + Supply

On January 10, 2017, TestEquity acquired machinery company JENSEN Tools + Supply from Stanley Black & Decker

Acquisition Highlights
  • This is TestEquity’s 1st transaction in the Machinery sector.
  • This is TestEquity’s 2nd transaction in the United States.
  • This is TestEquity’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2017-01-10
Target JENSEN Tools + Supply
Sector Machinery
Buyer(s) TestEquity
Sellers(s) Stanley Black & Decker
Deal Type Divestiture

Target

JENSEN Tools + Supply

North Andover, Massachusetts, United States
JENSEN Tools + Supply, Inc. is a provider of value-added solutions for electronics manufacture, field service, and repair professionals. JENSEN’s customer-centric approach combines the best brands and products with an experienced and responsive sales team to provide a level of service that’s unmatched in the industry.

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Buyer(S) 1

Buyer

TestEquity

Moorpark, California, United States
Category Company
Founded 1971
Sector Distribution
DESCRIPTION

TestEquity is a distributor of electronic test and measurement equipment as well as laboratory and production supplies. TestEquity is a source provider for test solutions and electronic production supplies. TestEquity was founded in 1971 and is based in Moorpark, California.

DEAL STATS #
Overall 2 of 6
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 2
State (Massachusetts) 1 of 1
Country (United States) 2 of 5
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-05 EWD Solutions

Carrollton, Texas, United States

EWD Solutions has been servicing customers in the electronics assembly and repair industry for years. EWD Specializes in providing Electronic Laboratory and Production Supplies from over 300 OEMs, include Kester, Hakko, Metcal/OKi, Desco, 3M, Tech-Spray, Brady, ASG, Excelta, Indium, Scienscope, and others. EWD has multiple sales offices and stocking locations in California, Texas, and Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-26 Techni-Tool

Worcester, Pennsylvania, United States

Techni-Tool, Inc. is a distributor of test equipment, tool kits, soldering supplies, ESD products, chemicals, hand tools, and more to the electronic production industry. The company products are available through our catalogs, website, and direct sales force, and 95% of all orders are shipped the same day.

Buy -

Seller(S) 1

SELLER

Stanley Black & Decker

New Britain, Connecticut, United States
Category Company
Founded 1843
Sector Diversified
Employees53,000
Revenue 14.5B USD (2020)
DESCRIPTION
Entrance to Stanley Black & Decker's corporate headquarters in New Britain, Connecticut.
Entrance to Stanley Black & Decker's corporate headquarters in New Britain, Connecticut.

Stanley Black & Decker is a diversified global producer of hand tools, power tools and related accessories, mechanical access solutions and electronic security solutions, engineered fastening systems, infrastructure solutions and more. Stanley Black & Decker dates back to 1843 and is based in New Britain, Connecticut.

DEAL STATS #
Overall 5 of 9
Sector (Machinery) 1 of 1
Type (Divestiture) 5 of 9
State (Massachusetts) 1 of 1
Country (United States) 3 of 7
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-05 Craftsman

Hoffman Estates, Illinois, United States

Craftsman is a brand and line of a variety of tools and outdoor products including power tools, hand tools, lawn care equipment, and other products. The brand was introduced by Sears as house brand in 1927.

Buy $900M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-10 Newell Brands - Tools

Atlanta, Georgia, United States

Newell Brands, Inc. - Tools includes hand tools, power tools and related accessories.

Buy $2.0B
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