Evergreen Advisors Capital, a middle-market investment bank, is pleased to announce that Tactical & Survival Specialties, Inc. (“TSSi”) has been acquired by Noble Sales Co. Inc. d/b/a Noble Supply & Logistics (“Noble”). Evergreen Advisors Capital acted as the exclusive financial advisor to TSSi with legal advice provided by Flora Pettit PC.
Noble, an industry leader in Global Supply Chain Management, Logistics, DoD Mission Support, and Technology, acquired TSSi, a decades-long provider of Special Operations Equipment (SOE). The acquisition brings a specialized supply chain, an experienced team, and tailored logistics solutions to Noble’s growing SOE support to Military and other Government customers.
“I am thrilled to join forces with TSSi and expand our product offering to our customers,” said Tom Noble, Co-Founder, and CEO of Noble. “This acquisition brings together two companies that are razor-focused on ensuring that our warfighters and government customers have the supplies, gear, and equipment they need to complete their missions. Both companies complement each other extremely well, and we are looking forward to working together to add value to the DOD supply chain.”
The Noble-TSSi partnership expands the companies’ capabilities in meeting customers’ requirements for competitive pricing on a broad range of SOE equipment, dedicated customer service, and product expertise, along with established vendor relationships and agreements to serve Military and Government customers better.
Since 2003, Noble has worked with Military and Government customers to find better products, prices, transportation, and services at worldwide locations. This new partnership with TSSi means known team members with expanded product, transportation, and technology solutions.
“No question that Noble is the right home for TSSi,” said Bill Strang, TSSi’s Founder and CEO. “After more than 40 years of supporting those who serve and defend this country, it is important that our mission continue to grow and provide our customers with the best operational support equipment and services available. This partnership will provide our customers with more choices, better prices, and consistently reliable delivery.”
Terms of the transaction were not disclosed.
ABOUT NOBLE
Boston-based Noble Supply & Logistics is a leading provider of supply chain management, logistics, mission support, and technology/e-commerce solutions for the U.S. Military, Federal, state, and local governments. Noble is in business to ensure that those who serve our Nation have all the supplies, gear, and equipment they need to complete their missions. From Special Operations Equipment and MRO products for the U.S. Military to hurricane relief aid, PPE, and supplies to fight COVID-19, Noble provides the materials and equipment the U.S. Government needs to face today’s challenges.
Noble’s global footprint includes operation centers, distribution centers, and consolidation points positioned to expedite deliveries and enhance product availability. A distributor for more than 11,000 manufacturers, the company stocks over one million items in warehouses across the United States and throughout CENTCOM, AFRICOM, EUCOM, and INDOPACOM. Noble maintains a contract portfolio with a ceiling value of $40B. For more information, visit https://www.noble.com/
ABOUT TSSi
Tactical & Survival Specialties, Inc. (TSSi), located in Harrisonburg, Virginia, was founded in 1980 by Bill Strang. For more than 40 years, TSSi has provided the highest quality equipment and solutions for Military, law enforcement, and disaster response professionals worldwide. TSSi is a recognized leader in providing tactical and specialized operational equipment to the U.S. Special Operations community and federal, state, and local law enforcement and disaster recovery professionals. The company maintains 100,000 best-selling items in inventory, a warehouse facility located on a major shipping route, established partnerships with the industry’s leading suppliers, and is known for having the highest standards of professionalism and uncompromising integrity. For more information, visit https://www.tssi-ops.com/.
TSSi is a Service-Disabled Veteran-Owned Small Business that has provided specialized operational equipment and logistics support around the world since 1980. TSSi’s mission is to provide mission-focused, time-sensitive, value-added equipment and logistics services solutions, delivered with uncompromising integrity – anytime, anywhere.
ABOUT EVERGREEN ADVISORS CAPITAL
Evergreen Advisors Capital, LLC is a leading investment banking and corporate advisory firm focused on assisting emerging growth and middle-market companies in the areas of corporate finance, growth and exit strategies, valuations and advisory services. For more information, visit www.evergreenadvisorsllc.com/
Securities transactions conducted through Evergreen Advisors Capital/Member FINRA/SIPC.
