TRS CAPITAL ACQUIRES THERMOSLEEVE USA, LEADING SUPPLIER OF HEAT SHRINKABLE PRODUCTS
Thermosleeve will remain in current CA location and founder David Levy will stay active in the company.
Ft. Walton Beach, FL . . . US Distribution LLC, a TRS Capital company, is acquiring Thermosleeve USA. Thermosleeve is the leading supplier of heat shrinkable products in the United States. Located in Cerritos, California, the company will remain in that location. Thermosleeve founder David Levy will continue to be active in the company, overseeing the transition and helping with future growth. Current Sales Manager Johnson Yan also continues in his position, along with Stephanie Malloy who helps oversee customer support and order scheduling from the factory. Day-to-day operations, sales, and marketing will be overseen by Tim Bagley.
“I bring my thirty-plus years of experience in sales within the fastener, industrial, electrical, automotive, and retail markets to the team, and look forward to helping grow the Thermosleeve brand throughout all of North America,” said Tim Bagley, Thermosleeve Director of Business Development.
“With this acquisition, we continue our commitment to American business,” said TRS Capital Founder and CEO Robert Sires. “We are proud to add Thermosleeve to our active portfolio, which includes other U.S.-based companies such as US Meltblown (which makes the critical filter medium for medical grade PPE) and Movita Organics (which makes organic women’s vitamins). We have always felt strongly that it is vital to keep jobs at home to strengthen our country’s economy, and this is even more important in today’s environment.”
TRS Capital, an early stage investment company dedicated to investing in American success, provides not only funding but also consulting services to help companies thrive. The TRS Capital team has more than 200 years of combined experience in business investing and consulting. For more information, visit www.trscapital.com.
Thermosleeve USA is the leading supplier of heat shrinkable products with more than 20 years’ experience in the industry. Thermosleeve USA offers very comprehensive range of heat shrinkable tubing in various colors and shrink ratios. Thermosleeve USA products are widely used in the aerospace, automotive, communications, constructions, electrical, electronic, energy, military, oil and gas, and utility markets in Europe, North America, South America, Australia, and Southeast Asia. Being a key supplier to industry, it is Thermosleeve’s mission to deliver safe, reliable, and innovative new products that combine optimal value with high quality. Every product is backed with exceptional customer service. For more information, visit www.thermosleeve-usa.com.