TSC Global, LLC, a leading company in the sales, marketing and distribution of consumer brand products to America’s top retailers and travel centers announced July 15 the execution of a definitive agreement to sell its interest in NTW, formerly known as ETW, a national distributor of specialty tools for the automotive aftermarket and heavy-duty truck industries to Nestor Sales, LLC dba Ace Tool.
The sale comes months after the announcement of TSC Group’s plan to rebrand themselves and portfolio company, Barjan, as TSC Global.
“The sale of NTW allows our company to focus on our core business of serving the travel center and convenience industries,” said John Wiesehan, CEO of TSC Global. “This will help us turn our center of attention toward the goal we set when we purchased Barjan in October of being the only full-service distributor in the travel center industry with a nationwide field merchandising organization providing critical in-store merchandising and support. We are confident that Nestor Sales is the perfect fit for the NTW organization.”
On Oct. 19, 2010, TSC Group announced its purchase of Barjan from Monomoy Capital Partners, making them one of the largest distributors in the travel center and convenience industries.
About TSC Global
TSC Global is a leader in the sales, marketing and distribution of consumer brand products to America’s top retailers including travel centers and convenience stores. With over 250,000 square feet of warehousing and distribution, TSC Global distributes products for retailers across the globe. TSC Global owns 10 private label brands including Mistic Electronic Cigarettes and the number one selling mobile communication brands, Wilson, Francis and Astatic. TSC is headquartered in Charlotte, NC with offices nationwide.
About Nestor Sales
Nestor Sales, LLC is a leading national distributor of tools, equipment and supplies to the automotive repair and maintenance market and a supplier of maintenance, repair, operating and production products (MROP). Nestor Sales also provides flexible integrated procurement solutions for manufacturers and other users of MROP products. Nestor Sales has seven strategically located distribution centers throughout the United States