For Immediate Release

TestEquity acquires JENSEN Tools + Supply

Acquisition strengthens the company’s North American presence along with its Test & Measurement and MRO offerings

TestEquity acquires JENSEN Tools + Supply MOORPARK, CA, January 10, 2017 -- TestEquity, a one stop, value-added provider of premium electronic test & measurement equipment and MRO tools and supplies for 46 years, announced that it has acquired Massachusetts-based JENSEN Tools + Supply, a subsidiary of Stanley Black & Decker.

TestEquity is now one of North America’s largest full-line stocking distributors of test & measurement equipment and MRO tools and supplies. TestEquity collaborates closely with customers to recommend the best products – available for purchase or rent – to meet specific business needs and is known for its seasoned and technical sales force along with quick delivery times.

TestEquity also designs and manufactures its own line of high-quality environmental test chambers, made onsite at its California headquarters and offers the best warranty in the industry.

For more than 60 years, JENSEN has been a leading supplier of MRO tools and supplies that support most of the same market segments as TestEquity. With the acquisition, TestEquity significantly increases its stocking locations to better support its customers which will benefit from this along with a robust vendor managed inventory and tool kit offering.

"JENSEN’s great employees and market position will further strengthen our offerings and national presence," said TestEquity CEO Dan Copsey. "We welcome JENSEN employees, partners, and customers into the TestEquity family and look forward to our mutual successes in the future."

About TestEquity LLC

TestEquity is a value-added distributor of test and measurement equipment and MRO tools and supplies for laboratories and electronics manufacturing, and a manufacturer of environmental chambers. In business since 1971, the company is an authorized stocking distributor for Keysight Technologies, Tektronix, Keithley, Rohde & Schwarz, Viavi, Fluke, B&K Precision, Hioki, Amprobe, Sorensen, Extech, FLIR, Magna-Power Electronics, Instek, and others. In addition to offering new equipment for sale, rental, or lease from these and other manufacturers, TestEquity provides selected pre-owned equipment that is fully restored, tested and calibrated, and backed with an industry-leading one-year warranty. TestEquity's selection of tools and supplies for electronics manufacturing, testing, and repair includes products from Weller, Kester, Indium, Desco, Hakko, Luxo, 3M, Metcal, Tech-Spray, Brady, ASG, Excelta, Metro, Tech Wear, Loctite, Scienscope, and hundreds of other top brands. TestEquity designs and manufactures environmental chambers offering the best performance and warranty in its class. With resources that include a highly trained team of product specialists and a calibration laboratory, TestEquity maintains its headquarters and manufacturing facilities in Moorpark, California, with sales offices throughout the United States, Canada, and Mexico.

About JENSEN Tools + Supply

Since 1954, JENSEN Tools + Supply has been the leading 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. JENSEN Tools + Supply has partnered with the top industry manufacturers in order to understand the unique challenges and difficulties that are faced by our customers, which is why we are able to provide custom solutions that accelerate "time to results." For contact, please dial 1-800-225-5370