NSI Industries Acquires Polaris Electrical Connectors

May 28, 2020

NSI Industries, LLC has acquired Polaris Electrical Connectors, Inc., an Odessa, Florida-based manufacturer of American-made pre-insulated multi-tap connectors. The deal expands NSI's electrical product portfolio and distribution reach, and Polaris — which employs roughly 190 people — will be integrated with NSI's distributor and channel partners to realize operational synergies.

Buyers
NSI Industries, LLC
Targets
Polaris Electrical Connectors, Inc.
Sellers
Janeen Patten (owner and chief operating officer of Polaris)
Industry
Manufacturing
Location
Florida, United States
Transaction Type
Buyout

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