NSI Industries

NSI Industries ("NSI" or the "Company") is a supplier of stock-and-flow electrical, HVAC and building technology products to the commercial and industrial (“C&I”) and building technology markets in North America. The Company goes to market with a portfolio of respected brands and primarily sells through electrical, HVAC and building technology wholesale distributors. NSI's products are used by contractors in MRO and retrofit activities as well as new construction.

Investment Highlights

• Strong organic growth driven by deepening of relationships with core customers and margin expansion from operational initiatives
• NSI completed nine acquisitions under Odyssey’s ownership, contributing nearly $50 million of incremental EBITDA while adding new products and end markets
• Significant investments made to expand the Company’s management team, footprint, and operations, and manufacturing capabilities
• EBITDA grew more than 270% during Odyssey's ownership