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Illustration 60886103 / Kheng Ho To / Dreamstime
Illustration 60886103 Kheng Ho To / Dreamstime
60886103 / Kheng Ho To / Dreamstime

NSi Industries sold to another private equity firm

May 18, 2016
NSi Industries, Huntersville, N.C., maker of Polaris insulated connectors, Tork time switches and lighting controls and Easy-Twist wire connectors, was sold by its owner, Summit Park, to another private equity firm,

NSi Industries, Huntersville, N.C., maker of Polaris insulated connectors, Tork time switches and lighting controls and Easy-Twist wire connectors, was sold by its owner, Summit Park, to another private equity firm, Blue Sea Capital, according to a release posted on private-equity news site PE Hub Network. Terms were not disclosed. Summit Park, based in Charlotte, N.C., has held a majority interest in the company since 2012.